Tencent, which has benefited from a surge in paying gamers, said last week its online games revenue rose 29% to 39.1 billion yuan in the fourth quarter. TiMi's parent company Tencent posted revenues of 156.1 billion yuan (approx. Tencent did not immediately reply to a Reuters request for comment. The sources declined to be identified because the information is not public. Timi Studio, a Tencent-owned gaming unit responsible for developing the popular mobile games Honor of Kings and Call of Duty Mobile, raked in 10 billion in revenue in 2020, as the Covid-19 pandemic led to a dramatic surge in demand for digital entertainment, according to Reuters. 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. Timi's proceeds accounted for 40% of the game revenue, said the two people.
SOURCES TIMI STUDIOS HONOR CALL DUTY ANDROID
Kings glory, unofficially translated as King of Glory, or alternatively transliterated as Wangzhe Rongyao), is a multiplayer online battle arena developed by TiMi Studio Group and published by Tencent Games for the iOS and Android mobile platforms for Mainland China. 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. Congratulate TiMi Audio Lab for their latest work on the 4th soundtrack album for Honor of Kings All of us at TiMi Studio Group are so proud of TiMi Audio Lab & the incredible, award-winning, soundscapes they have been creating for all of our games. Honor of Kings (simplified Chinese: traditional Chinese: pinyin: Wángzh Róngyào lit. It is currently unclear how much money each of. Such games feature long sessions and in-depth storytelling or battles, with some including multiplayer online role-playing or online battle arenas. The 10billion generated by TiMi stems from its two biggest games, Call Of Duty Mobile in collaboration with Activision Blizzard, and Honor Of Kings. 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. Call of Duty: Mobile is a free-to-play title that generated 87.
SOURCES TIMI STUDIOS HONOR CALL 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." To pull off that launch, Activision turned to a partnership with China’s Tencent and its TiMi J3 Studios in Shenzhen, China.
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