Sunday, July 3, 2022

Riot Games bought a stake in the animation studio behind ‘Arcane’

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Riot Games has worked closely with mysterious animation studio Fortiche for years, and now the two are strengthening their creative union. Riot has made an equity investment, giving it a “significant” but non-controlling stake in Fortiche. It has also added two leaders, Chief Content Officer Brian Wright and Director of Corporate Development Brendan Mulligan, to Fortiche’s board of directors.

The game developer has not disclosed the exact value or timing of the investment. The deal was closed sometime “earlier this year,” according to Riot.

You may have seen this coming. Riot and Fortiche first worked together on the 2013 video Introduce Jinx to League of Legendsand they’ve collaborated on projects including K/DAs”pop stars,” two Imagine Dragons team-ups and the music video for the 2018 LOL National Anthem World Championship”Rise.” Add in the success that prompted working on a second season of mysterious (the first season topped the Netflix worldwide charts for three weeks) and it’s clear that the two companies thrive on each other’s successes.

Neither company indicated how the investment would help. However, Fortiche is teaming up with Riot on “other projects yet to be announced” in addition to more mysterious† The extra money could help Fortiche realize those efforts and give Riot more opportunities to promote its games — whatever Riot spends now could pay dividends with more players and esports viewers.

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