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Tencent in Talks to Acquire Dungeons & Dragons from Hasbro Amid Financial Struggles
224 View2024-01-30The American toy giant, Hasbro, is reportedly in early discussions to sell its famous "Dungeons & Dragons" (D&D) intellectual property to Tencent, following a series of financial challenges.
Darian's Role in Introducing Tencent to Hasbro
This potential deal was facilitated by a critical introduction made by Darian, an intermediary with connections to both Hasbro and Tencent. Darian's involvement became pivotal when Larian Studios, which Tencent had invested in, found itself unable to finance the acquisition. Larian Studios, known for developing the hit game "Baldur's Gate 3", a successful adaptation of D&D, played a significant role in setting the stage for Tencent's interest in the IP.
Underutilized Potential of D&D
Hasbro, established in 1923 and famed for properties like Transformers, Monopoly, and My Little Pony, has been facing severe financial difficulties. The company's stock price has halved since 2019, falling from $108 to $51. The financial strain has led to consecutive quarterly losses totaling over $500 million and drastic workforce reductions.
Despite these setbacks, the D&D franchise remains a bright spot. The IP has experienced success in video game adaptations, particularly with 2023's "Baldur's Gate 3", which outperformed major titles like "Hogwarts Legacy" in revenue. However, Hasbro has not fully capitalized on the financial potential of D&D, especially given its cultural impact and popularity in various media, including television shows and a dedicated fanbase.
Tencent's Strategic Move
Tencent, through its Interactive Entertainment Group (IEG), is conducting negotiations to acquire a range of rights associated with the D&D franchise. This acquisition would significantly benefit Tencent by reducing dependencies on non-buyout licensing models, which often entail high royalty fees, revenue sharing, and development restrictions.
The acquisition of D&D would not only alleviate these operational challenges for Tencent but also secure a controlling stake in one of the most popular tabletop games in the West, with immense potential in video game adaptations and other media ventures.
A Rare Opportunity in the IP Market
Hasbro's decision to consider selling D&D amidst financial troubles presents a unique opportunity for Tencent to expand its portfolio with a highly valued and culturally significant IP.
The ongoing negotiations between Hasbro and Tencent, facilitated by Darian and underscored by Hasbro's financial woes and the underexploited potential of D&D, mark a significant moment in the global IP market.
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The quintessential cRPG and Dungeons & Dragons game | Full Review - Baldur's Gate 3
Baldur's Gate 3, an epic RPG developed by Larian Studios and building on the legacy of the iconic Baldur's Gate series, was released in early access in 2020 and was met with an overwhelmingly positive response, reinvigorating interest in D&D-based video games. Larian Studios embraced the complexities of D&D's 5th Edition, creating a game that felt akin to playing the tabletop version virtually, for better and for worse. The vast world, intricate systems, and captivating storytelling that come with the experience of D&D are promised, resonating with long-time fans and newcomers alike.
lyndonguitar1K2023-08-08
Baldur's Gate 3 (First Impressions from a huge DOSII Fan)
Developer: Larian Studios
Publisher: Larian Studios
Released: Aug 3, 2023
Price: $59.99 USD
Larian Studios has long been considered as one of the top development studios for CRPG gaming of recent years, thanks to its enormous success with previous projects such as Divinity Original Sin & Divinity Original Sin II.
The level of freedom you had in prior games made every adventure you took feel fresh and exciting. You could do anything, and I mean anything you could think of.
Pawkt3K2023-08-09
This game packs a LOT! | First Impressions - Baldur's Gate 3
Baldur's Gate 3, an epic RPG developed by Larian Studios and building on the legacy of the iconic Baldur's Gate series, was released in early access in 2020 and was met with an overwhelmingly positive response, reinvigorating interest in D&D-based video games. Larian Studios embraced the complexities of D&D's 5th Edition, creating a game that felt akin to playing the tabletop version virtually, for better and for worse. The vast world, intricate systems, and captivating storytelling that come with the experience of D&D are promised, resonating with long-time fans and newcomers alike. Now, three years later,
lyndonguitar3K2023-08-08
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oh god no, this would be the final blow for D&D. good that I already switched to other P&P.
2024-07-03