In 2012, it acquired a 40% stake in Epic Games, the developer of Fortnite. In 2011, it acquired a majority stake in Riot Games, the developer of League of Legends, and in 2015 it acquired the remaining stake. Tencent, the parent company of Timi Studios, has long invested in a game studio based in the United States. According to parent company Tencent, the mobile game ' Honor of Kings ' developed by Timi Studios has more than 100 million active users per day as of November 2020. Timi Studios may not be familiar to the average gamer, but the company's Call of Duty Mobile was released 100 million times in less than a month when it was released in October 2019. Sources tencent timi studios kings duty series#'Timi Studios has become the largest developer in the world,' Reuters said, as few game development studios in the world have recorded sales of this scale.Īctivision Blizzard, a global game studio that develops the Crash Bandicoot series and Call of Duty series, will have sales of $ 8.09 billion in 2020. Tencent-owned studio behind Call of Duty: Mobile reportedly earned $ 10 billion in 2020 -The VergeĪccording to Reuters, Tencent's Timi Studios will have $ 10 billion in sales in 2020. It has been revealed that this Timi Studios will have sold more than $ 10 billion in 2020.Įxclusive: Tencent's Timi gaming studio generated $ 10 billion in 2020, sources say | Reuters Tencent reported 23.79 billion in online games revenue last year. This revenue was mostly driven by the success of Call of Duty: Mobile and Honor of Kings. Sources tencent timi studios kings duty free#The free mobile game ' Call of Duty Mobile ' from the popular FPS Call of Duty series is a title developed by Timi Studios under Tencent. Tencent-owned TiMi generated a revenue of 10 billion in 2020. Aurora Studios Group, boosted by its Moonlight Blade Mobile title, contributed 3%, the people said.10:23:00 Call of Duty Mobile development studio will sell over 1 trillion yen in 2020 Of Tencent's remaining gaming revenue last year, its Lightspeed and Quantum studio, the developer of PUBG Mobile, another top-grossing game, contributed 29%, the people said, while 26% was proceeds from publishing for other developers. Timi's proceeds accounted for 40% of the game revenue, said the two people. Last week, Tencent reported 156.1 billion yuan (USD 23.79 billion) in overall online game revenues for 2020. Last week, Tencent reported 156.1 billion yuan ($23.79 billion) in overall online game revenues for 2020 but did not break down revenue for individual studios, which are run independently and compete with each other. Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of USD 10 billion last year, two people with direct knowledge of the matter told Reuters. TiMi Studios, the developer behind Call of Duty: Mobile, has made more money than any other developer studio in the world at 10 billion in revenue for 2020, according to reputable sources. This will also give a push to Tencent’s ambitions to expand in ‘AAA’ titles on various platforms. If the sources are to be believed, Tencent’s Timi Studios will become the world’s largest developer after it has generated 10 billion. Such games feature long sessions and in-depth storytelling or battles, with some including multiplayer online role-playing or online battle arenas. TiMi is known for developing popular mobile games like Call of Duty Mobile, Honor of Kings, and Arena of Valor. Many major studios are turning to Tencent for support to convert their "hardcore" desktop or console games to mobile. Tencent aims eventually to derive half its game revenue from overseas, from 23 percent in the fourth quarter of 2019, the most recently available figure. Tencent is building studios overseas, including one for Timi and one for Lightspeed and Quantum, both in Los Angeles, with the goal of creating content with original intellectual property that has global appeal. Sources tencent timi studios kings duty movie#In a recruitment notice last month, a Timi engineer wrote that the company aims to create a new AAA game that resembles the virtual community from the movie Ready Player One, and will "compete head-to-head against big powers from Japan, Korea, Europe and U.S." TiMi’s lead title is arguably Honor of Kings, a player-vs. It also provides a hefty basis for its ambitions to move beyond mobile games and compete directly with global heavyweights developing expensive "AAA" titles on platforms such as desktop computers, Sony's PlayStation, Nintendo's Switch and Microsoft's Xbox. TiMi, founded in 2008 in Shenzhen as Jade Studio, is a subsidiary of the well-known Chinese conglomerate Tencent.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |