Telltale Games Revival

A holding company called LCG Entertainment announces the purchase of the assets of defunct developer Telltale Games, saying they will rerelease some of their previous titles and to create new titles under the brand. The purchasing group comprises familiar game industry names, including Jamie Ottilie, Brian Waddle, Chris Kingsley, Lyle Hall, Tobias Sjögren, and publishing partner Athlon Games, along with "several additional partners." They also say that "key talent" from the original company has been hired or contracted for the new Telltale. The Telltale Games Website now brandishes an LCG Entertainment copyright notice, and they are planning a conference call later today from Gamedaily Connect USA to discuss the news. Here are all the details:
LCG Entertainment, a holding company that will be doing business as Telltale Games, today announced that it has purchased the defunct studio’s key assets, trademarks, technology, and select intellectual properties with the intent of re-releasing select games from the studio’s back catalog and developing new games in some of the company’s best-selling brands. The purchase, led by Jamie Ottilie and Brian Waddle, was made possible by a pool of investors and advisors comprised of well-known names in the games industry including Chris Kingsley, Lyle Hall, Tobias Sjögren, Athlon Games (as a shareholder and publishing partner), and several additional partners.

Originally founded in 2004, Telltale Games became synonymous with storytelling, pioneering the episodic game format, and changing the way the games medium embraced narrative. Following a string of successful and award-winning game series based on television and film licenses and original IPs, the game developer and publisher shuttered in October of last year, leaving disappointed fans in its wake.

“All of us were big fans of the games Telltale created, as we strongly believe in games as a storytelling medium and nobody did it better,” said Jamie Ottilie, CEO of the new Telltale Games. “Even now, when you see a game with strong narrative, it’s always compared to Telltale, so it’s no surprise that players and industry colleagues alike mourned the studio’s closure. We believe there is still so much life to the brand and its franchises, and we look forward to building upon the company’s storytelling legacy.”

The new Telltale Games will be headquartered in Malibu with a satellite office in Corte Madera, California. Day-to-day operations will be handled by Ottilie and Waddle, with Ottilie responsible for studio management and technology, and Waddle running business development, finance, and operations. Both will work closely with Athlon, who will serve as the marketing and publishing partner on most of the company’s back catalog and new releases, freeing up Telltale to focus on development and studio growth.

Key talent from the original company has been hired or contracted by the new Telltale. The new company will be based on a streamlined structure with plans for strategic growth and a focus on its core and new IP’s. No further details are being released about the Telltale assets purchase price. News regarding the reissue of specific back catalog titles and new games in existing IP’s will be announced in the coming weeks.

“There is still a huge fanbase of Telltale players and that’s one of the main reasons we decided to make this investment,” said Brian Waddle, chief revenue officer for the new Telltale Games. “It’s hard to see your favorite games disappear or not get the sequels they deserve, so we thank everyone for their patience and support. We’ve got some exciting things to share soon. We’ll try not to keep them waiting too long, but we think fans will be pleased.”

GameDaily Connect is hosting a fireside chat with Jamie Ottilie discussing the relaunch of Telltale Games today at its conference at 4:30 pm in the Disneyland Hotel in Anaheim, California. To learn more about the new Telltale Games, please visit www.Telltale.com.

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8.
 
Re: Telltale Games Revival
Aug 29, 2019, 03:39
8.
Re: Telltale Games Revival Aug 29, 2019, 03:39
Aug 29, 2019, 03:39
 
I'm guessng they bought it mostly for trickle-money from sales of the back catalogue.
7.
 
Re: Telltale Games Revival
Aug 28, 2019, 18:04
7.
Re: Telltale Games Revival Aug 28, 2019, 18:04
Aug 28, 2019, 18:04
 
Are there people excited though?
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6.
 
Re: Telltale Games Revival
Aug 28, 2019, 18:02
6.
Re: Telltale Games Revival Aug 28, 2019, 18:02
Aug 28, 2019, 18:02
 
jacobvandy wrote on Aug 28, 2019, 17:25:
Yeah, I dunno why people are getting so excited over some venture capitalists digging up this corpse and wearing its skin... You know any new games they make won't be quite the same

Yeah these overwhelmingly end up bad.
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5.
 
Re: Telltale Games Revival
Aug 28, 2019, 17:25
5.
Re: Telltale Games Revival Aug 28, 2019, 17:25
Aug 28, 2019, 17:25
 
Yeah, I dunno why people are getting so excited over some venture capitalists digging up this corpse and wearing its skin... You know any new games they make won't be quite the same, and how many of those licenses would even transfer over? The Walking Dead games are already owned by someone else, for example. What IPs did Telltale actually own? Not Batman, not Back to The Future, not old Lucasarts stuff... They did a couple of poker games, lol, but even those were full of licensed characters that made them worth playing.
4.
 
Re: Telltale Games Revival
Aug 28, 2019, 16:53
4.
Re: Telltale Games Revival Aug 28, 2019, 16:53
Aug 28, 2019, 16:53
 
Creston wrote on Aug 28, 2019, 14:58:
I don't get it. Other than the Walking Dead series, none of the games they released made any money.

I like Telltale a lot, and I'd love to see more of their games, but the stark reality was that they weren't bringing in any cash...

Was that or mismanagement? Bad deal with most monies going to the licensees?
"You have enemies? Good. That means you’ve stood up for something, sometime in your life."
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Re: Telltale Games Revival
Aug 28, 2019, 15:09
Kxmode
 
3.
Re: Telltale Games Revival Aug 28, 2019, 15:09
Aug 28, 2019, 15:09
 Kxmode
 
The Walking Undead
"Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times." - Those Who Remain by G. Michael Hopf
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2.
 
Re: Telltale Games Revival
Aug 28, 2019, 14:58
2.
Re: Telltale Games Revival Aug 28, 2019, 14:58
Aug 28, 2019, 14:58
 
I don't get it. Other than the Walking Dead series, none of the games they released made any money.

I like Telltale a lot, and I'd love to see more of their games, but the stark reality was that they weren't bringing in any cash...
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1.
 
Re: Telltale Games Revival
Aug 28, 2019, 12:51
MattyC
 
1.
Re: Telltale Games Revival Aug 28, 2019, 12:51
Aug 28, 2019, 12:51
 MattyC
 
I hope they don’t come back just to do more Walking Dead... the zombie market is plenty saturated at present.

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"Dear Mr. President, There are too many states nowadays. Please eliminate three. I am not a crackpot."
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