London-based Payload Studios is the latest recipient of an investment from Tencent. The develop of Terratech announced the move today, but no amount was placed on the size of the stake.
Founded in 2013. By Russell Clarke and Vincent Scheurer, the studio has focused on creative sandbox titles. Its key title is Terratech, where players build their own vehicles, which is now available on PC and major console formats.
A statement from the company notes: “[Terratech] was self-funded, self-published and embodies the studio’s community-centric approach, reflected in consistently rising player feedback ratings which currently stand at 91% lifetime positive on Steam.“
[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource Games Press.]
London, February 24th 2021, 12:00 (GMT): Payload Studios today announces that Tencent, a leading internet and technology company, has invested a minority stake in Payload. This investment will support the growth of the team and development of future titles with Payload’s signature community-driven model.
The London based developer was founded in 2013 by games industry veterans Russell Clarke and Vincent Scheurer, with a focus on creative sandbox games. Their award-winning debut title,
TerraTech - an open-world sandbox builder game - was self-funded, self-published and embodies the studio’s community-centric approach, reflected in consistently rising player feedback ratings which currently stand at 91% lifetime positive on Steam.
Food Inflation Is The Best Predictor Of Bond Yields zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
To print this article, all you need is to be registered or login on Mondaq.com.
Russell Clark, head of the trusts and private wealth team at
Carey Olsen in Guernsey, reflects on Guernsey Finance s
research on the relationship between private capital and
sustainability for high net worth individuals and family
offices.
What has happened to Extinction Rebellion? And has Greta
Thunberg gone rather quiet?
They are both still around. Though at the time of writing,
Extinction Rebellion s most recent protests haven t brought
central London to a halt, while Greta was last spotted commenting
on the US Presidential election results.