Lionsgate isn’t giving a specific number but calls the investment in game developer and publisher Telltale Games “significant”. The move is part of the company’s continued diversification of its content business and recent entry into the game space. As part of its investment, Lionsgate CEO Jon Feltheimer will also join Telltale’s Board of Directors. Under the deal, the companies will partner on interactive media opportunities with a focus on original properties, looking at ways to co-develop existing and original IP into episodic games and television.

Telltale has become a known player in narrative-driven episodic games with hit The Walking Dead, which has sold 8.5 million copies and topped sales charts on Xbox Live, PlayStation Network and Steam, as well as Game Of Thrones, based on the TV series, The Wolf Among Us, the episodic interactive graphic adventure video game based on Bill Willingham’s Fables comic book, and Tales From The Borderlands, Telltale’s adaptation of the PC, Mac and console video game title from Gearbox Software and 2K Games.

“Telltale is one of the premier storytellers in the gaming world today,” said Feltheimer. “Their leadership in narrative-driven episodic games, together with our investment and the potential opportunities created by our premium content expertise, will continue to strengthen their ability to offer exciting new avenues of storytelling to their next generation audiences across a broad range of platforms.”

“Lionsgate is one of the most innovative, entrepreneurial and impressive content companies in the world today. I’m delighted to welcome an experienced executive like Jon, a leader who shares our unique vision, to our Board,” said Telltale CEO Kevin Bruner. “Lionsgate has a great track record in developing and marketing feature films as well as platform-defining premium scripted television. This partnership will accelerate Telltale’s ability to create not only original games, but episodic television series based on our game properties – an area at the cutting edge of industry growth.”