It will also help the tech giant in its mission to conquer markets outside China and develop games with “original intellectual property that has global appeal.
TENCENT TIMI STUDIOS HONOR KINGS CALL MOVIE
It aims to create a “new AAA game that resembles the virtual community from the movie Ready Player One ,” TiMi engineer wrote last month.Īccording to Reuters, Tencent is now building new offices in Los Angeles - one for TIMi Studios and one for Lightspeed & Quantum, developers of PUBG Mobile.
TENCENT TIMI STUDIOS HONOR KINGS CALL PC
After that, the company will start developing AAA titles for PC and consoles. In 2021, TiMi Studios will release new MOBA Pokémon Unite for iOS, Android, and Nintendo Switch. In addition to Honor of Kings, TiMi Studios Group is best known for mobile games such as Call of Duty and Pokmon. It is now looking to take those learnings and create high quality games for a global audience that are accessible to all players, regardless of the platform they play on,” analyst Daniel Ahmad wrote. According to Sensor Tower, Honor of Kings has generated 2 billion so far in 2021. “TiMi has been able to successfully operate these mobile games over the long term. It’s worth mentioning that it’s just one team within Tencent, which earned $73.8 billion in 2020 (games accounted for almost half of its total revenue). 1 game developer globally in terms of revenue, according to Reuters. Moreover, Tencent is also setting up a TiMi Studios location in Los Angeles, California, hinting towards its future growth plans.This financial milestone makes TiMi Studios the No. Sources privy to the matter seems to suggest that TiMi intends to build its own comprehensive metaverse-like game, on similar lines of Roblox and Fortnite. In recent months, TiMi has been recruiting talent for a novel AAA videogame that closely resembles the highly immersive virtual community seen in the Ready Player One movie. Given the massive business it saw in 2020, it does not seem like TiMi Studios and parent company Tencent would be resting upon their laurels. Meanwhile, according to an official Tencent announcement, another TiMi Studios game, Honor of Kings, a mobile game that is only available inside China, saw an unprecedented 100 million daily users in November 2020. It saw over 100 million downloads globally within the first week of its release.
In fact, the Call of Duty: Mobile game supposedly recorded the biggest launch for a mobile game ever in October 2019, when it was released. It pairs competitive gameplay with dynamic social interactions and is tailored for play on mobile devices - the primary and most popular gaming device for players in China. While TiMi has yet to attain the level of prominence that would make it a household name, the studio’s games are among some of the most played worldwide. Honor of Kings is a mobile competitive battle game developed and operated by TiMi Studios. For instance, in comparison, Activision Blizzard, the gaming studio that publishes the coveted franchise of Call of Duty, recorded revenues of over $8.09 billion in 2020, which is nearly $2 billion short of TiMi’s $10 billion. While it is yet unclear what metric that is exactly defining, it is a large number without a doubt.
TiMi Studios, a Tencent Games subsidiary and the videogame developer behind massive mobile hits MOBA Honor of Kings and Call of Duty: Mobile, has reportedly recorded revenues of over $10 billion for 2020, cite reliable sources.Īccording to reports, these earnings make TiMi Studios the world’s biggest videogame developer.
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