Dont'nod Entertainment: management transactions · France · AMF

About Dont'nod Entertainment

DON’T NOD ENTERTAINMENT, now primarily marketed under the DON’T NOD brand, is a French independent video game developer and publisher focused on narrative-driven, high-identity AA productions. Founded in Paris in 2008 by several industry veterans, the company built its reputation on story-rich experiences that emphasize player choice, emotional engagement and strong artistic direction. Its rise was largely driven by the global success of the Life is Strange franchise, which helped establish DON’T NOD as one of the most recognizable names in narrative adventure gaming. Over time, the company has evolved from a pure development studio into a more structured creative group, while preserving its independence and editorial positioning. The group’s business model rests on two complementary activities: game development and game publishing. DON’T NOD creates its own intellectual properties and also works with external studios through co-development and publishing agreements. This dual model broadens the revenue base while improving the monetization potential of its creative assets. Its best-known titles include Life is Strange, Vampyr, Tell Me Why, Twin Mirror, Jusant, and more recently Lost Records: Bloom & Rage, a flagship release rolled out in 2025. In parallel, the company has expanded its catalog through partnerships with third-party studios, reinforcing its transition toward a hybrid studio-publisher model. Geographically, DON’T NOD is historically based in Paris and also maintains an operational footprint in Montreal, supporting a transatlantic production and publishing setup. This presence gives the company access to creative and technical talent while keeping it close to major digital distribution ecosystems and platform partners. The company regularly reports financial results and in 2025 confirmed a significant operational transformation aimed at adapting its cost base to changing market conditions. Its 2024 results highlighted a business under pressure, but also a still-strong balance sheet and a strategic refocusing. One notable recent milestone was the company’s 2025 development agreement with Netflix for a new narrative video game based on a major IP, underlining DON’T NOD’s ability to leverage its storytelling expertise with leading global entertainment players.