Wizards of the Coast confirms it is not selling the d&d IP to tencent
5th-level Banish Rumour (Abjuration). Casting time: 1 Action. Components: Verbal, Material (A single public statement).
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I was under the impression that the whole thing has been about Tencent wanting to license the digital product rights to D&D, not the actual game. I'm not sure why that's caused an uproar over the actual IP ownership.
Because China is involved and talking heads lose their minds as soon as that happens.