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Tencent are looking to buy the exclusive Video Game rights to Dungeons and Dragons as Larian couldn't afford it when offered the chance
comicbook.com

Tencent Reportedly Seeking to Purchase Dungeons & Dragons Video Game Rights From Hasbro (UPDATED)
UPDATE: A Wizards of the Coast spokesperson provided the following statement to ComicBook.com, refuting the initial report: “We regularly talk to Tencent and enjoy multiple partnerships with them across a number of our IPs. We don’t make a habit of commenting on internet rumors, but to be clear...

A bombshell report claims that a Chinese media company is seeking to purchase the iconic Dungeons & Dragons brand, or at least some part of it, from Hasbro. Speed Daily, a Chinese media site, is reporting that Tencent, a Chinese conglomerate company that owns Riot Games and has ownership shares in Epic Games, Fatshark Games, and several other game companies, is looking to purchase the Dungeons & Dragons IP from Hasbro or alternatively is seeking to purchase some kind of exclusive rights to make Dungeons & Dragons video games.
Per the report, Hasbro reached out to Larian Studios about potentially acquiring the Dungeons & Dragons IP after the success of Baldur's Gate 3. While Larian had insufficient funds for a transaction, it served as an intermediary between Hasbro and Tencent, as Tencent is a minority investor in Larian Studios. The report notes that Hasbro is pursuing the acquisition because of the company's recent struggles, which has led to operating losses and job cuts across the company.