At present, each member holds quite a bit of experience since all of them come from well-known game companies such as Ubisoft, Rockstar Games, Bethesda, EA Games, Behaviour Interactive and Google Stadia. TiMi Montréal and TiMi Seattle both focus on the development of multi-platform online games with AAA quality, while TiMi Los Angeles serves as a robust management and operations hub in North America, preparing each project to enter its comprehensive production stage. TiMi also revealed that Sinjin Bain, a highly experienced video game creator, is the director of TiMi Los Angeles. TiMi Studio Group, headquartered in Shenzhen, has developed Call of Duty: Mobile, Honor of Kings and the upcoming Pokémon UNITE. TiMi Montréal will devote itself to creating an AAA open-world and service-centered game for players to play across platforms, and plans to grow into a sizable team by the end of this year. It is the third AAA game studio of TiMi Studio Group in North America, alongside the Los Angeles and Seattle studios. NBS: Price of Banking Fees Not to Increase in the Next Yearįirst Tires Sent from Indjija to American Marketĭinar-to-euro exchange rate at RSD 117.3374ĭinar-to-euro exchange rate at RSD 117.3216ĭinar-to-euro exchange rate at RSD 117.3235Īir Serbia breaks monthly passenger number record in Julyĭinar-to-euro exchange rate at RSD 117.3664Īir Serbia plans to fly to Chicago, Havanaĭinar-to-euro exchange rate at RSD 117.TiMi Studio Group, a subsidiary of Tencent Games, announced on Tuesday that it has established a new AAA game studio TiMi Montréal in Montreal, Canada. NBS: Inflation in Serbia in July 12.8%, Peak of 14% Expected in Septemberĭinar-to-euro exchange rate at RSD 117.3460ĭinar-to-euro exchange rate at RSD 117.3357ĭinar-to-euro exchange rate at RSD 117.3314 Serbia Spends EUR 1.5 Billion on Import of Electricity and Gasĭinar-to-euro exchange rate at RSD 117.3811 Srbijagas: From October 1, Gas to Be Calculated in Kilowatt-Hours Instead of Cubic Metersĭinar-to-euro exchange rate at RSD 117.3593īus Station and Side Buildings in Cuprija up for Saleĭinar-to-euro exchange rate at RSD 117.3637 Seventy Agreements Worth USD 31 Billion Signed at Smart China Expoĭinar-to-euro exchange rate at RSD 117.3625 Velefarm Complex in Subotica up for Sale – Estimated Value RSD 70 Millionĭinar-to-euro exchange rate at RSD 117.3590īroker: Komercijalna Banka Withdrawing Shares from Belgrade Stock Exchangeĭinar-to-euro exchange rate at RSD 117.3748 Tencent did not immediately reply to a Reuters request for comment.ĭinar-to-euro exchange rate at RSD 117.3686Īir Serbia to Establish Direct Line Between Nis and Zurichĭinar-to-euro exchange rate at RSD 117.3517ĭinar-to-euro exchange rate at RSD 117.3475 The revenue 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, Reuters adds. 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 USD 10 billion would make Timi the world’s largest developer, the sources say, which many industry watchers had suspected to be the case. The company did not break down revenue for individual studios, which are run independently and compete with each other, Reuters writes. 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. 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. 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.
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