{"id":3802,"date":"2021-07-22T08:03:53","date_gmt":"2021-07-22T15:03:53","guid":{"rendered":"https:\/\/www.gamesround.com\/blog\/?p=3802"},"modified":"2021-07-22T08:03:53","modified_gmt":"2021-07-22T15:03:53","slug":"tencent-secures-majority-stake-in-battlerite-royale-dev-stunlock-studios","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/tencent-secures-majority-stake-in-battlerite-royale-dev-stunlock-studios","title":{"rendered":"Tencent Secures Majority Stake In Battlerite Royale Dev Stunlock Studios"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.gamesround.com\/blog\/tencent-secures-majority-stake-in-german-dev-yager\" title=\"Tencent Secures Majority Stake In German Dev Yager\">Tencent<\/a> continues to be a major player in the gaming industry through acquisitions and investments in game companies. \u00a0<\/p>\n\n\n\n<p>The Chinese media and gaming conglomerate has revealed that it acquired a majority stake in Stunlock Studios. The financial details of the deal is still under wraps.<\/p>\n\n\n\n<p>According to the deal, Stunlock Studios will continue its game production with Tencent&#8217;s backing with no changes to its business model.<\/p>\n\n\n\n<p>The news follows after very recently Tencent agreed to buy <a href=\"https:\/\/www.gamesround.com\/blog\/tencent-to-buy-sackboy-developer-sumo-digital-for-1-27b\" title=\"Tencent To Buy Sackboy Developer Sumo Digital For $1.27B\">Sumo Digital<\/a>, and other studios, for $1.27 billion. Sumo is the developer of Sackboy: A Big Adventure and LittleBigPlanet 3.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>&#8220;It&#8217;s an honor to represent the biggest game company in the world from the small town of Sk\u00f6vde, Sweden,&#8221; commented Stunlock Studios CEO Rickard Friseg\u00e5rd. &#8220;Tencent&#8217;s new investment shows a great deal of trust in us delivering quality titles with our focus on gameplay first. It will give us the opportunity to realize our grand vision for V Rising, our current game in development, and help us in future ventures, expanding long-term as a studio.&#8221;<\/p><\/blockquote>\n\n\n\n<p>Stunlock Studios said the investment would allow them to continue working on Battlerite as well as develop V Rising, a vampire survival game. Battlerite has already amassed over 6.5 million unique players since its launch.<\/p>\n\n\n\n<p>Established in Sk\u00f6vde, Sweden, in 2010, Stunlock is responsible for titles such as Dead Island: Epidemic and Bloodline Champions. The studio\u2019s most recent release is Battlerite Royale. &nbsp;<\/p>\n\n\n\n<p>Tencent already holds a minority stake in the Swedish game developer since 2019. &nbsp;Stunlock Studios previously collaborated with Tencent to bring its battle royale game Battlerite to China back in 2016, which prompted the Chinese company to acquire a minority stake of Stunlock in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tencent continues to be a major player in the gaming industry through acquisitions and investments in game companies. \u00a0 The Chinese media and gaming conglomerate has revealed that it acquired a majority stake in Stunlock Studios. The financial details of the deal is still under wraps. According to the deal, Stunlock Studios will continue its [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":3803,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[782,779,115,32],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/3802"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=3802"}],"version-history":[{"count":5,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/3802\/revisions"}],"predecessor-version":[{"id":3808,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/3802\/revisions\/3808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/3803"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=3802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=3802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=3802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}