Wizards of the Coast dispels rumours that Tencent wants to gobble up D&D like a tarrasque: 'To be clear: We are not looking to sell our D&D IP'

A mimic, a creature in Baldur's Gate 3, lurches in ambush at the player - a box with razor teeth and a putrid tongue.

Dungeons & Dragons is in a bizarre place right now—it's on the verge of the totally-not-a-new-edition ruleset revamp and an in-development virtual tabletop project, riding high off the back of Baldur's Gate 3. But Wizards of the Coast (WotC) has also suffered from a massive round of layoffs, and the bruises of the catastrophic OGL fiasco a year ago are still smarting.  

This has laid the groundwork for a swarm of rumours regarding a potential sale to Tencent—a massive conglomerate and holding company with its fingers in dozens of different pies including Remedy Entertainment, Paradox Interactive, FromSoftware, Epic Games and (most importantly to the matter at hand) Larian Studios.