Dont Nod in funding squeeze as Aphelion project risks shrinkage

1 min read
Source: Eurogamer
Dont Nod in funding squeeze as Aphelion project risks shrinkage
Photo: Eurogamer
TL;DR Summary

Dont Nod, the French studio behind Life is Strange, warns its cash reserves may be depleted by November as Tencent backs away from funding its next project. With about €8.8m in cash as of April, leadership is exploring other publishers, but no commitments have been made. The board will meet on June 17 to discuss options, and the company may cut or scale back Project P14, potentially triggering layoffs and a reduced scope while negotiations continue amid a broader industry funding pull from major publishers.

Share this article

Reading Insights

Total Reads

0

Unique Readers

5

Time Saved

7 min

vs 7 min read

Condensed

94%

1,39385 words

Want the full story? Read the original article

Read on Eurogamer