The $10 billion would make Timi the world's largest developer, the sources say, which many industry watchers had suspected to be the case.
SOURCES TENCENT TIMI HONOR KINGS CALL PC
Tencent is staffing U.S.-based game studios to build AAA console and PC games. 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.
SOURCES TENCENT TIMI HONOR KINGS CALL 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." #Sources tencent timi studios kings call Pc# #Sources tencent timi studios kings call movie# On 1st November 2020, TiMi Studios revealed that Honor of Kings, one of the worlds most popular games, set a new world record of 100 million average daily. (Reuters) - Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year, two people with direct knowledge of the matter told Reuters. 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. The 10 billion would make Timi the world’s largest developer. #Sources tencent timi studios kings call Pc#.#Sources tencent timi studios kings call movie#.The company will likely continue riding this momentum and keep getting bigger from here. However, with all of the other studios owned by Tencent being considered, Tencent made about 156.1 billion yuan, which converts to $23 billion in online game sales for 2020. While Tencent owns each individual studio, they all act independently and even compete with one another.
TiMi Studios alone accounts for about 40 percent of Tencent's total profits. This expansion is also ideal for Tencent because the company aims to earn at least half of its game revenue from overseas companies, which was only around 23 percent in 2019 according to Reuters. This applies not just for TiMi Studios, but also Lightspeed and Quantum Studios, which are primarily located in the Los Angeles area. Tencent also has plans to build more studios overseas for the purpose of creating original content that can have a broader global appeal. This is also partly to compete with other big companies in Japan, Korea, Europe, and the United States. The company already has plans put into motion, as according to a recruitment notice put out by a TiMi engineer, the company is planning to create a AAA title that is inspired by the virtual community from the movie Ready Player One. Many major studios turn to Tencent for help in adapting huge desktop or console games onto the mobile platform, or generally putting them out in China. This newfound success for Tencent serves as no surprise to people who have been closely paying attention to the company. Not only that, but it gives the company an even bigger incentive to expand beyond mobile titles and move into the world of AAA titles for consoles and PC. If the leak about the $10 billion proves to be factual, this would make Tencent Game's TiMi Studios the world's largest video game developer. RELATED: World's Biggest Video Game Cheating Ring Shut Down
According to a recent exclusive report by Reuters, insiders from the studio leaked that the company had made $10 billion alone in 2020. TiMi Studios, owned by Tencent Games and responsible for titles such as Honor of Kings and Call of Duty Mobile, made the most out of 2020 and saw a huge profit as a result.
These rules have proven beneficial for some industries, with the video game industry seeing a boost in 2020 in particular, helped by total revenue from consumers. There has been a surge of demand for fun and new exciting video games to play at home as people comply with social distancing regulations amid the ongoing coronavirus pandemic.
0 kommentar(er)
