LCG Entertainment today announced that it has purchased the assets, trademarks, technology, and select intellectual properties of the defunct Telltale Games, and will operate as Telltale Games with the intent of re-releasing select games from the studio’s back catalog and developing new games in its best-selling brands.
The new Telltale Games is led by Jamie Ottilie and Brian Waddle, and was made possible by a pool of investors and advisors including Chris Kingsley, Lyle Hall, Tobias Sjögren, Athlon Games (as a shareholder and publishing partner), and several additional partners. It is based in Malibu and has a satellite office in Corte Madera, California. Ottilie will run studio management and technology, while Waddle will run business development, finance, and operations. Both will work closely with Athlon Games, who will serve as the marketing and publishing partner on most of the company’s back catalog and new releases.
Key talent from the original company has been hired or contracted by the new Telltale Games, which will be based on a streamlined structure with plans for strategic growth and a focus on its core and new intellectual properties. News regarding the re-release of specific back catalog titles and new games in existing intellectual properties will be announced “in the coming weeks.”
Telltale Games was originally founded in 2004, but was shut down in October 2018. According to LCG Entertainment, it was known for its “storytelling, pioneering the episodic game format, and changing the way the games medium embraced narrative.”
Find quotes from both Ottilie and Waddle below.
Jamie Ottilie, Telltale Games CEO
“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. 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.”
Brian Waddle, Telltale Games Chief Revenue Officer
“There is still a huge fanbase of Telltale players and that’s one of the main reasons we decided to make this investment. 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.”
Visit the new Telltale Games’ official website here.