have not seen this picked up in gaming media yet, but i would assume it’s forthcoming if this is accurate (which i see no reason to believe otherwise).
I signed an agreement not to cause any harm to Telltale’s business as part of my severance package. But I am legally allowed to speak on behalf of being laid off, and this statement of fact is sincerely not an attempt to cause harm or ruination to the company.. This is a departure from what I usually post, which is just pixel art / stuff about my game. But this is extremely important to me, as someone that genuinely cares about the people who works in games. I hate seeing abuse and exploitation continue.
Because it just isn’t selling enough games apparently.
Frankly I bought the Batman series just to support them and I’ll be buying the walking dead series bundle for the same reason. They have to release new stuff though and that’s going to be really really hard to do because they have to make a game that follows up on a major IP that they own from the old company and also make it really well. Not super likely.
That said, the original death of the company before was rough and was mostly about them expanding and not getting more funding. But the business model was also flawed imo. They forgot to significantly upgrade their games and the first big series, TWD, was the best written one. After that, flat.
If you want to know why they struggle, look at supermassive. Those guys eat telltales lunch and dominate the space. Is there room for both? Probably. But they’ve really got to deliver something killer with the new games or they’re dead again.