Tencent takes minority stake in Skydance Media

Logo via Skydance Productions under the Creative Commons License

Gamesindustry.biz reports: “Tencent has made a strategic investment in Skydance Media, the company that houses the AAA virtual reality studio Skydance Interactive. The value of the investment was not disclosed by either party, but The Los Angeles Times’ sources suggest a $100 million investment for between five and ten per cent of the company.”

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