Platinum Games said they have a big 2020 in store for us, and they’re getting off to a hell of a start.
Chinese conglomerate Tencent now has a hand in Platinum’s dealings, as the company just announced today that they “have received a capital investment from Tencent Holdings Limited as a basis for partnership.” The exact nature of this partnership has not been disclosed, but according to Platinum, their independence as a company will not be impacted, and they will “continue operations under [their] current corporate structure.”
Going on, the company states: “We hope to use this capital to strengthen our foundation as a business and expand from game development into exploring self-publishing. We also hope that this partnership can give us a wider global perspective, while still creating high quality games that stay true to our name.” Translated for marketing speak: dollar dollar bills, y’all.
This is a good move for Platinum as they finally found someone to just hand them money to be self-sufficient (instead of kowtowing to the whims of publishers that hold their IP hostage and cancel their games), but Tencent is a powder keg of a partner. Over the past five years or so they’ve gotten their hands into nearly every form of media from gaming to films, slowly taking over the world. They have a stake in Ubisoft, Blizzard, Epic Games, Paradox, Miniclip and a whole lot more. In another five years or so they could stand to be the Disney of the gaming industry.
For now, it’s a great that Platinum has retained their independence.
Announcement regarding partnership with Tencent [Platinum]
Source: Destructoid Platinum Games partners with global powerhouse Tencent, ‘no independence’ at risk