NetEase buys minority stake in Quantic Dream

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NetEase, the huge Chinese conglomerate, has acquired a minority stake in French developer Quantic Dream.

In a statement, NetEase: “Today announced that it has acquired a minority stake in Quantic Dream S.A. to further the development and distribution of global online games. Quantic Dream will continue to operate independently under the direction of industry veterans David Cage and Guillaume de Fondaumière.”

Ethan Wang, VP of NetEase, said: “With a strong focus on in-house development, we are constantly looking for partners that complement us in the development and creation of the next generation games. Quantic Dream’s excellence in interactive storytelling and the valuable expertise it has built over the past two decades is exactly what we have been looking for.”

Quantic Dream CEO and creative director David Cage added: “The landscape of the gaming industry will go through major evolutions in the coming years, with new hardware to come, new business models to explore and new ways of playing to invent. We want Quantic Dream to take a key role in this exciting future and having NetEase by our side as a strategic partner will allow us to expand our creative vision and develop the company to its fullest potential.”

2018 was a mixed year for Quantic Dream: its PlayStation 4 exclusive Detroit: Become Human sold well, but in July, the company lost a lawsuit alleging toxic workplace practices. Speaking to Variety, Cage also revealed that future Quantic Dream games would not be PlayStation exclusives: “We will, of course, continue developing on PlayStation, a platform that we know very well after having worked with Sony for 12 years, but we will also be present on all other relevant platforms.”

For further information, keep an eye on Quantic Dream’s website.