Another article states that only 2 games were actually profitable. Minecraft Story Mode, and one of the Walking Dead games.

All others were failed financially and did not recoup costs.

The GoT game was likely a huge money sink for them, super expensive franchise and they had to pay for the likeness as well as some of the voice acting of some relatively pretty big actors.

I dunno why I was surprised by this. The company must have been super mismanaged. I know that it's a lot of hard work to put together a game, especially one with an outdated engine, but I'm really surprised that the games Telltale was putting out required such a big crew.

All the TT games had a lot of voice acting and motion capture, so that'll drive costs up a lot.

Once the novelty wore off people stopped buying their games because they were all the same and hardly a game.

So expensive licensing rights, expensive development due to 100’a of hours of voice acting and giving the first chapter for free to hook people in I think resulted in a very poor business model in the long run.

If you played one TTG game you played them all they never really developed their formula so it really bacame stale.