Other Tencent Giving Capital Investment To Platinum Games

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Read Platinum Games' Announcement:

We would like to announce we have received a capital investment from Tencent Holdings Limited as a basis for partnership. This partnership has no effect on the independence of our company, and we will continue operations under our current corporate structure.

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.

Thank you as always for your continued support. Please look forward to what we have in store.

January 7, 2020
President and CEO
Kenichi Sato

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Read this from Siliconera:

Hideki Kamiya recently took to Twitter to explain Platinum Games’ partnership with Tencent announced earlier this year.

The Twitter terror Kamiya felt the need to explain the situation after seeing folks tweet “So after Platinum Games is Marvelous” and such in light of the recent news about Tencent’s subsidiary purchasing 20% of the Japanese developer’s stock.

Kamiya reiterated for the record that while there was a capital tie-up with Tencent, PlatinumGames is not under the Chinese conglomerate’s umbrella.

With that said, he explained the partnership in a way that children can understand, in true Kamiya fashion:

Hideki Kamiya: “This might be pointless since it doesn’t get through no matter how many times I explain, but just in case, to put our relationship with Tencent simply, it is like this:”

Tencent: “We’re going to help with funds. As per the contract, we will have no influence on the business so use it freely and make a good Platinum IP game.”

Platinum Games: “Okay.”

Tencent: “In return, if you do make a good game and you want to make a mobile game for it, please prioritize us for its licensing.

Platinum Games: “Okay.”
 
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