The sad news broke yesterday, that most of the TTG staff has been let go. It appears only 25 (of the once 250 strong) staff remain and working on pending projects.
Official tweet:
https://twitter.com/telltalegames/status/1043252010999410689
Gamasutra report:
http://gamasutra.com/view/news/3270…losing_down.php
I think to remember there was news of restructuring and staff being let go months-to-one-year ago(?), but with titles being released wasn't expecting this; despite not being very happy with what they had done with the Batman game I was still looking forward to more games from them, in particular was hoping on The Wolf Among Us 2. It appears they are not even going to wrap up TWD The Final Season! I was waiting for all the episodes to be out to get it, and do a massive play through of all the TWD, having played only the first season back on the X360, but owning all on PC as well.
I had missed they were working with Netflix to develop a Stranger Things tie-in... but according to the article reporting the cancellation of TWD, it seems it will be the Netflix collab on Minecraft Story Mode to be the one that will be honored still. (Interactive TV sounds like a cool idea.)
I hope they can pull it back and somehow avoid closure at the last minute, maybe Netflix could buy them out if this project works and they could recover work on this cancelled projects.