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Tencent Was Quietly Backing Highguard Studio, According to Report
- Last week, Game File reported Tencent was Wildlight Entertainment's primary financial backer, a funding arrangement neither company publicly disclosed.
- Announced at The Game Awards last year, Highguard launched last month, peaking at over 90k Steam concurrents before losing over 95 percent on PC within 48 hours.
- Weeks after launch, Wildlight Entertainment laid off most of about 100 employees, and PlayHighguard.com displayed `This site is currently unavailable.` earlier today, down since at least 7:50 am EST.
- Amid funding questions, Wildlight said it would retain a `core group of developers`, but questions about Tencent's role and funding have fueled shutdown speculation.
- Tencent, the world's largest game company, holds broad stakes in studios like Epic Games and Ubisoft, typically taking partial stakes in Western game studios, making this undisclosed deal notable.
29 Articles
29 Articles
Report Reveals Highguard Was Bankrolled By Chinese Company Tencent as Player Count Crashes, Developers Are Gone, And Website Is Down
A new report is raising fresh questions about the troubled launch and uncertain future of Highguard, the free-to-play PvP “raid shooter” that went from splashy awards-show reveal to industry punchline in a matter of months. According to reporting highlighted by IGN, the Highguard developer — Wildlight Entertainment — was quietly backed by Chinese tech and gaming giant Tencent, a financial arrangement that was never publicly disclosed prior to th…
Highguard Dev Breaks Silence After Website Shutdown – Promises More Updates
A Highguard developer has responded to fears that the game is being shut down, following the game’s official site going offline. According to the Wildlight Entertainment employee, a new patch is still on the way despite most of the studio’s staff being laid off. Highguard Website Goes Offline, Fans Fear Shutdown Screenshot: Wildlight Entertainment Earlier this week, players were sent into a frenzy after the official website for Highguard went of…
Highguard's funding secretly came from Tencent, a new report claims
It's no secret that Highguard had a seriously rocky launch. What had been a secret — until today — is where the struggling "raid shooter" got its funding. The game's developer and publisher, Wildlight Entertainment, has repeatedly referred to the game as "fully funded," but never disclosed that a majority of that funding came from China's gaming powerhouse Tencent. According to anonymous sources who spoke to GameFile journalist Stephen Totilo, T…
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