Neowiz acquires 21 percent stake in BLANK.

Lies of P publisher Neowiz has acquired a 21 percent stake in BLANK., the Polish game studio founded in early 2023 by former CD Projekt RED developers Mateusz Kanik, Mikolaj Marchewka, Jedrzej Mroz, and Marcin Jefimow. Neowiz invested $17 million to acquire the stake.

The strategic partnership aims to expand both company’s presence in global console market, and Neowiz hopes to solidify its position in the global console market. Both companies will continue to become competitive development studios and collaborate on various business opportunities as part of ongoing efforts.

“As a strategic investor, we view [BLANK.] as a studio poised to emerge as a formidable contender in the realm of AAA-quality gaming,” said Neowiz co-CEO Seung-Cheol Kim in a press release. “We also recognize substantial synergies between our experiences in crafting unique titles. BLANK.’s debut game features a structure unlike the majority of narrative-driven games. With its distinctive take on the apocalypse, the experience will prove to be simultaneously refreshing and familiar for audiences, complete with intriguing twists.”

BLANK. game director Mateusz Kanik added, “Our team has been battle-tested leading large teams, managing substantial budgets, making tough decisions, streamlining projects, and delivering major releases. BLANK. is more than just a startup; it’s a reunion of industry veterans who have collaborated for years. From the first day at the office, we hit the ground running, and thanks to NEOWIZ, we will be able to build an exceptional team to create games and stories that evoke emotions and leave a lasting impact on the players.”

BLANK. managing director Mikolaj Marchewka said, “NEOWIZ recognized the potential in our debut game and the long-term vision for the studio. Since our first meeting it was clear that Neowiz and BLANK. are an exceptional match and complement each other’s objectives. Lies of P gained a lot of recognition in the western market and serves as an outstanding example of delivering highly polished games upon release, a value we hold dear at BLANK.”