https://www.gamespot.com/articles/walking-dead-creators-company-knew-telltale-was-st/1100-6462444/

Skybound Entertainment, the media company founded by Walking Dead creator Robert Kirkman that oversees the franchise, knew that Telltale Games was in trouble before it suffered massive layoffs. But, according to Skybound Interactive president Dan Murray, Telltale's announcement of its "majority studio closure" still took Skybound by surprise.

He told Variety that while Skybound was obviously in business with Telltale, the gaming company operated with a degree of independence that apparently meant that Skybound didn't know precisely how dire the situation was.