Skybound will continue to update fans on the status of the game on Skybound.com. Telltale laid off nearly all of its staff with no severance pay or notice, after the company failed to raise a new round of funding. A source told us that current investor Lionsgate was not one of the companies in the investment negotiations.
Employees have sued, saying Telltale Games broke laws by failing to give notice on the mass layoff. Kirkman started Skybound to develop digital properties. In a post on Facebook, Skybound Entertainment managing director Jon Goldman said, “Incredible, speedy rescue operation by Skybound for fans and former Telltale employees. Very proud.”
Source: VentureBeat
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