The story is ending, and the process to close up shop began in early October.
Interesting. It's basically a private agreement between parties that sidesteps the ugliness of bankruptcy. It doesn't surprise me that it's possible (assenting parties enter into legally binding agreements all the time) but I didn't know about this particular mechanism ("assignment for the benefit of creditors").
Means the people that they owe money to will get money before anyone in the company does.
Well that escalated quickly. Barely heard anything about them being in trouble until maybe two months ago, and now they’re bankrupt.
Thats cause you see the smoke and mirrors and not what really goes on in the background, although there are clues in signs of trouble if you pay attention to the details instead of the news
Whoever buys the games, I hope they release them all on one disc, instead of having to download the last episode.
With Microsoft acquiring two new studios I am surprised they never jumped on Telltales. Sorry to see Telltales disappear like a puff of smoke I enjoyed some of their game. Hopefully who ever jumps on the ip's continues some of the work like Wolf Among Us 2 and Tales from the Borderlands 2.
Telltale doesn't really own much in terms of IP's to make it worth it, and their brand of games could easily be done without them. Probably even one of those studios they brought.
Thats what you get for releasing multiplatform cash grabs across all platforms even mobiles. After Detroit only people with extremely low standards would have bought your games.
umm wrong game and dev lol
Detroit made telltale look like poop.
Why shouldn’t they release their game on multiple platforms if they can’t make enough money to support their operations? You Sony fanboy make no sense sometimes.
Less platforms = better game/less focus on profit.
@Mosha - "Less platforms = better game/less focus on profit." WTF???? You have zero clue about marketing nor business. Profit is ALWAYS a major focus and does not change based on less competition. Competition prevents companies from stagnating and forces them to innovate to stay relevant. We would not have the level of gaming that we see today if it was not for competition forcing the issue.
Microsoft get them add em to the team
That would be stupid
Not really. Taletales games and their episodic nature would be a great fit for the Gamepass service.
Thankfully physical copies of most of their games will still be around for people who are yet to play them. It serves as a reminder that physical media will always be better than digital.
Definitely, but the distinction should be physical+digital option will always be better than all digital. People tend to assume advocating for physical games means ONLY physical games, and argue it should be ONLY digital instead. That makes no sense, there is no such thing as only physical anymore.
It is a sad day for gaming, at least for me. I hope the staff can somehow start up another company and keep doing what they love.
Check out night school studios, the games name is Oxenfree. Former heads of Telltale made it after leaving a few years ago.
Really sad. They were making so many good games. I wished they could continue to grow and publish more story games.
This is exactly why I advocate for physical. If games were digital only, things like this or PT would happen all the time, and the official releases would be lost forever.
So the 2-3 last episodes of Walking Dead won't come out?
As yes the bright digital only future........
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