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Marvelous ends Tencent partnership, Story of Seasons mobile game canceled

Japanese developer Marvelous has terminated its approximately six-year capital and business partnership with Tencent subsidiary Image Frame Investment. As a result, the Story of Seasons mobile game that Tencent had been developing under a 2019 licensing agreement has been canceled. Following the partnership dissolution, Tencent is no longer Marvelous's major stakeholder.

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What we know

  • Marvelous terminated its capital and business partnership with Tencent subsidiary Image Frame Investment after roughly six years
  • Story of Seasons mobile game in development by Tencent Group has been canceled per the partnership termination
  • The mobile game was being developed under a licensing agreement that began in March 2019
  • Tencent is no longer Marvelous's largest shareholder following the partnership end

Referenced titles

Story of Seasons