The closure of Telltale Games in 2018 cut short the life of a number of beloved franchises, however a new company is seeking to resurrect the studio.

LCG Entertainment has purchased the assets and back catalogue rights to the majority of Telltale's games.

The new Telltale Games will be headed up by Jamie Ottilie and Brian Waddle.

Ottilie has spent a great deal of his career working on mobile games, while Waddle previously ran the sales and marketing team for the Havok game engine. Neither worked at Telltale prior to its closure.

"They brought me some of my favourite stories to play and they did an amazing job building a company," Ottilie told Polygon. "It’s unfortunate the way that it ended. Certainly we’re working very hard not to make similar mistakes."

Some of the original Telltale staff will be offered freelance roles, with the option of fulltime employment a possibility in the future

The resurrected studio will develop new titles based on some of Telltale's established properties, while also developing games based on new licenses.

The Walking Dead likely won't be one of them, as the license now resides with Skybound Entertainment – the studio that stepped in to finish the game's final season.

Fans shouldn't hope for the unreleased Stranger Things game either; as Ottilie noted that the rights have reverted back to Netflix.

"We’re going to stay small over the next six months and we will work for more of a distributed development pipeline than Telltale was known for,” said Ottilie. “We’ll focus on tools, technology and design in-house. Some things like animation and motion capture will be done with the right partnerships externally."

Ottilie also noted the studio would be examining the episodic model Telltale was known for, saying "We need to look at how people like to entertain themselves. I like the idea of binge watching."

Be sure to check out the full interview over at Polygon.