Telltale gets 6 million dollars in funding

tsa · 06-12-2007, 09:14 PM

I just saw on Slasdot (of all places) that Telltale will get USD 6 million in funding from a venture capitalist. It seems like the adventure game genre is really getting back to life now. The blurp is very short, but I thought I'd share it with you anyway.

*Jake* · 06-12-2007, 10:33 PM

Proper press release is here.

See Shacknews (home of remixor, former AG news editor) make fun of me here.

TribeHasSpoken · 06-12-2007, 11:06 PM

Every time I read this news I imagine it the following way:

TellTale Games is pleased to announce it has acquired venture capital investment for future projects in the amount of...

(MEGA ZOOM-IN)

SIX MILLION DOLLARS!

Rattsukrabe · 06-13-2007, 04:21 AM

Does this mean that we will see the next installment of Bone within the next decade or so?

Hammerite · 06-13-2007, 04:35 AM

No it means they're rich and you're poor

samIamsad · 06-13-2007, 04:58 AM

Enough to buy the "Monkey Island" rights and to convince Ron Gilbert that playing "World Of Warcraft" is an utter waste of time and... okokok.

Still woot, that's a bit of money! That's six million dollars plus the three millions in transfer sums they received when they let Squinky go (fools)! Seriously, good news. Depending on what they'll be doing with that bucketload of money next.

GhostPirateLechuck · 06-13-2007, 06:58 AM

Quote:

Originally Posted by samIamsad

Enough to buy the "Monkey Island" rights and to convince Ron Gilbert that playing "World Of Warcraft" is an utter waste of time and... okokok.

.

Agreed.

Squinky · 06-13-2007, 08:05 AM

Quote:

Originally Posted by samIamsad

...three millions in transfer sums they received when they let Squinky go (fools)!

*roffle*

cwapitm · 06-13-2007, 09:59 AM

Cool, Telltale's doing well for themselves.

QFG · 06-13-2007, 03:01 PM

Yeah, that IS great news!

friarphil · 06-14-2007, 12:19 AM

Hooray! Im rich! ....or something.

Hammerite · 06-14-2007, 05:23 AM

I think they should buy a company cat.

Kolzig · 06-14-2007, 06:01 AM

Cool, more money for the good guys, I guess.

I hope Telltale will finish the Bone series soon, and I also hope that Jeff Smith is ok with the situation that Bone has been postponed for quite a while now.

CSI, Sam'n Max Season 2, maybe a completely new project idea and the rest of the Bone episodes. Now that's a bright future for Telltale even though I couldn't care less for CSI.

Dasilva · 06-14-2007, 06:03 AM

How much does it usually cost to buy a IP?

Lucien21 · 06-14-2007, 09:44 AM

Depends on the IP I would guess. i.e buying "Lost" might be more expensive than "The Fall Guy".

I certainly hope they ressurect Bone and lay off the CSI games. (Although the CSI games probably make more money for them with the unwashed masses).

Maye even develop their own IP.

Dasilva · 06-14-2007, 10:26 AM

Quote:

Originally Posted by Lucien21

Depends on the IP I would guess. i.e buying "Lost" might be more expensive than "The Fall Guy".

I certainly hope they ressurect Bone and lay off the CSI games. (Although the CSI games probably make more money for them with the unwashed masses).

Maye even develop their own IP.

Erm, I enjoyed the CSI games more than the Bone games so far. Although Sam & Max is miles ahead of Bone. I'm loving the fact its coming to the Wii.

How much do you guys think Monkey Island IP would cost? Surely it can't be that much because its not as big as something like Starwars.

CaptainDread · 06-14-2007, 10:49 AM

Quote:

Originally Posted by Dasilva

Erm, I enjoyed the CSI games more than the Bone games so far. Although Sam & Max is miles ahead of Bone. I'm loving the fact its coming to the Wii.

I agree. Bone The Great Cow Race was pretty good fun, but CSI: 3 Dimensions of Murder was a great game. I can't wait for Hard Evidence.

Kolzig · 06-14-2007, 10:51 AM

Quote:

Originally Posted by Dasilva

How much do you guys think Monkey Island IP would cost? Surely it can't be that much because its not as big as something like Starwars.

Propably over 10 million, Lucasarts wouldn't give away any IP rights to anyone ever. Why would they? Someone could make huge piles of money and Lucasarts would then end up losing in the deal.

And they have no need to sell anything, they have G.L.'s billions behind them. They can just sit on all the unused IP's and laugh at the poor ag fanatics.

Sam'n Max they did lose yes, but only because Purcell owned the rights and Lucasarts was only renting the IP rights from him.

GhostPirateLechuck · 06-14-2007, 12:06 PM

Quote:

Originally Posted by Dasilva

Erm, I enjoyed the CSI games more than the Bone games so far. Although Sam & Max is miles ahead of Bone. I'm loving the fact its coming to the Wii.

How much do you guys think Monkey Island IP would cost? Surely it can't be that much because its not as big as something like Starwars.

Monkey Island is the cornerstone of the original Lucas Arts and Films. Considering the fact that George makes 35 million + a year in residual alone on his games I can't imagine him letting it go unless he truley cares about the franchise continuing the way it deserves to be and I don't believe George gives a lick about anything but success and money so that might be out.

If he was to walk away from it I can't imagine it going for anything less than 10 million dollars. LA may give it up for less if the company agrees to a third party buyout but I guarantee TT would want Lucas hovering over the MI project. Third party buyout makes the most sense so LA can still have it's ego in check and see their trademark along with TT.

samIamsad · 06-14-2007, 12:08 PM

Quote:

Originally Posted by Kolzig

Why would they?

Good point. I think no holder in their right state of mind would let go of succesful intellectual properties just like that. That just wouldn't make sense, no matter how badly dedicated fans are demanding one more sequel ASAP. There are MANY once big, fat and mighty properties not being used for anything at this point in time. Just think of these: Ultima®, Wing Commander®, System Shock®, yaddayadda®, James Pond® ( ;-) ) and so on and so on. Hmkay, now about IPs possibly worth six million dollars...

06-12-2007, 09:14 PM	#1
tsa Playing character Join Date: Oct 2005 Location: Netherlands Posts: 7,472	Telltale gets 6 million dollars in funding I just saw on Slasdot (of all places) that Telltale will get USD 6 million in funding from a venture capitalist. It seems like the adventure game genre is really getting back to life now. The blurp is very short, but I thought I'd share it with you anyway. Share Share this post on Twitter

06-12-2007, 10:33 PM	#2
Jake The Dartmaster Join Date: Sep 2003 Location: San Rafael, California Posts: 3,084	Proper press release is here. See Shacknews (home of remixor, former AG news editor) make fun of me here. Share Share this post on Twitter

06-12-2007, 11:06 PM	#3
TribeHasSpoken Junior Member Join Date: Jun 2006 Posts: 19	Every time I read this news I imagine it the following way: TellTale Games is pleased to announce it has acquired venture capital investment for future projects in the amount of... (MEGA ZOOM-IN) *SIX MILLION* DOLLARS!** Share Share this post on Twitter

06-13-2007, 04:21 AM	#4
Rattsukrabe Member Join Date: Feb 2006 Posts: 39	Does this mean that we will see the next installment of Bone within the next decade or so? Share Share this post on Twitter

06-13-2007, 04:35 AM	#5
Hammerite kamikaze hummingbirds Join Date: Dec 2004 Location: Over there. Posts: 7,946	No it means they're rich and you're poor Share Share this post on Twitter __________________ The bin is a place for household rubbish, not beloved pets!

06-13-2007, 04:58 AM	#6
samIamsad capsized. Join Date: Mar 2005 Posts: 5,534	Enough to buy the "Monkey Island" rights and to convince Ron Gilbert that playing "World Of Warcraft" is an utter waste of time and... okokok. Still woot, that's a bit of money! That's six million dollars plus the three millions in transfer sums they received when they let Squinky go (fools)! Seriously, good news. Depending on what they'll be doing with that bucketload of money next. Share Share this post on Twitter __________________ Look, Mr. Bubbles...! Last edited by samIamsad; 06-13-2007 at 05:05 AM.

06-13-2007, 09:59 AM	#9
cwapitm Senior Member Join Date: Feb 2007 Location: Orange County, CA Posts: 328	Cool, Telltale's doing well for themselves. Share Share this post on Twitter __________________ "From now on we're gonna soar like eagles...eagles on POGO STICKS!!!"-Glottis Currently Playing: Gabriel Knight: Blood of the Sacred, Blood of the Damned.

06-13-2007, 03:01 PM	#10
QFG Senior Member Join Date: Aug 2006 Location: Damascus, MD Posts: 515	Yeah, that IS great news! Share Share this post on Twitter

06-14-2007, 12:19 AM	#11
friarphil Senior Member Join Date: Mar 2004 Posts: 123	Hooray! Im rich! ....or something. Share Share this post on Twitter __________________ For FREE Point & Click adventures you can play right in your web browser, come visit us: www.pinheadgames.com

06-14-2007, 05:23 AM	#12
Hammerite kamikaze hummingbirds Join Date: Dec 2004 Location: Over there. Posts: 7,946	I think they should buy a company cat. Share Share this post on Twitter __________________ The bin is a place for household rubbish, not beloved pets!

06-14-2007, 06:01 AM	#13
Kolzig The Reggienator Join Date: Sep 2003 Location: Vaasa, Finland Posts: 5,519	Cool, more money for the good guys, I guess. I hope Telltale will finish the Bone series soon, and I also hope that Jeff Smith is ok with the situation that Bone has been postponed for quite a while now. CSI, Sam'n Max Season 2, maybe a completely new project idea and the rest of the Bone episodes. Now that's a bright future for Telltale even though I couldn't care less for CSI. Share Share this post on Twitter __________________ "The old standby, that never got old in the first place. We come back to them weekly, nightly, for hours at a time--and they always deliver. They are pure, timeless, and often taken for granted." - Nick Breckon - Shacknews My gamesale list updated 26.8.2007 Hey, dear people please buy my games, I need money to conquer Europe! Or do something similar.

06-14-2007, 06:03 AM	#14
Dasilva Hitch-Hiker Join Date: Oct 2005 Location: The Mediterranean Sea Posts: 4,364	How much does it usually cost to buy a IP? Share Share this post on Twitter __________________ Regards, DaSilva "If you don't get out of the box you've been raised in, you won't understand how much bigger the world is." - Angelina Jolie _ <Susan falls through the floor and gets stuck> <Paco looks at her blankly> "Whats wrong with you?! Lassy would of had a firetruck here by now!" - Susan Mayer, Desperate Housewives

06-14-2007, 09:44 AM	#15
Lucien21 Psychonaut Join Date: Jan 2004 Location: Edinburgh Posts: 5,114	Depends on the IP I would guess. i.e buying "Lost" might be more expensive than "The Fall Guy". I certainly hope they ressurect Bone and lay off the CSI games. (Although the CSI games probably make more money for them with the unwashed masses). Maye even develop their own IP. Share Share this post on Twitter __________________ I'm not insane, my mother had me tested!

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