![]() Aurora Studios Group, boosted by its Moonlight Blade Mobile title, contributed 3%, the people said. 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. On March 8, the highest-grossing mobile game in China, Honor of Kings (HoK), launched in Brazil, marking the. Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Timi's proceeds accounted for 40% of the game revenue, said the two people. Tencent’s hit game Honor of Kings is now available in Brazil. 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. Such games feature long sessions and in-depth storytelling or battles, with some including multiplayer online role-playing or online battle arenas. 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. 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." We talked to the studio earlier this year about why the company is making games for the players of tomorrow, not today.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 generated an estimated revenue of 10 billion. Timi Studios was the first China-based game developer to join UN-backed initiative Playing for the Planet Alliance in March. TiMi Studio Group ( Chinese: pinyin: Tinmi Gngzu Shqn ), a subsidiary of Tencent Games, is a video game development studio group headquartered in Shenzhen, China and offices in Singapore, Montral, Seattle, Los Angeles, Chengdu, and Shanghai. The title was among the five mobile games to top $1 billion in revenue in 2020, generating $2.5 billion.Ĭall of Duty Mobile initially launched in October 2019 and finally released in China in January 2021 - it made $14 million in its first week. The two titles regularly top the mobile spending charts, with Honor of Kings reaching 100 million average DAUs at the end of last year. Timi was created in 2008 - initially under the name Jade Studio - and is behind mobile hits Honor of Kings and Arena of Valor. Reuters' sources indicated that Timi's proceeds "accounted for 40% of the game revenue." ![]() ![]() Honor of Kings was one of the first games in the world to make some important. Tencent published its annual results a few weeks ago, with online games revenue representing RMB 156.1 billion ($23.8 billion) in 2020. Honor of Kings game director Li Min also pointed out that Tencent and TiMi’s technical prowess in the mobile space were critical to Honor of Kings’ success particularly in the context of bringing the traditionally PC-based MOBA genre to handheld devices. That would make Timi Studios, which is owned by Tencent, the world's biggest developer, the publication added. That's according to Reuters, who talked to people with "direct knowledge" of the matter. Call of Duty Mobile developer Timi Studios reportedly generated $10 billion in revenue in 2020.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |