Timi games1/7/2024 Our team has been focused on a faithful recreation of the game’s classic shoot-’em-up style, easily accessible for players that’s fun for new and existing fans of the genre.”įor those who are unfamiliar with the series, Metal Slug originally launched in 1996. Stated by SNK Game Producer Yasuyuki Oda, the game has “such an amazing history of great action and gameplay so we’re proud to bring this to mobile gamers around the world.” We’re happy to work closely with such a strong developer as TiMi Studios on this latest Metal Slug title.” In response to the comment, TiMi J1 Studio’s General Manager Winco Qin states how “Metal Slug is one of the great arcade franchises and a perfect fit for mobile play. Timi accounted for 40% of Tencent’s game revenue.In addition to the trailer, press releases were made by both companies. No individual revenue reports of the studios were given, which are run as independent companies. Last week, Tencent reported its earnings with 156.1 billion yuan ($23.79 billion) in overall online game revenues for 2020. Tencent has become the popular choice of major console and desktop game developers for converting their games to mobiles. It bought over League of Legends developed by Riot Game in 2015, after a majority stake in 2011. Tencent has a long history of investing in gaming companies. PUBG recently crossed more than 1 billion downloads. Tencent’s aim is to increase its overseas share of game revenue, which stood at 23 percent, according to the latest results. Tencent is planning to invest in studios in Los Angeles for Timi, Lightspeed and Quantum ( the developers of the uber-successful PUBG game)in a bid to develop some original content that has global appeal. Such games feature multiplayer online role-playing and battle arenas. The game will be on the lines of Fortnite and Roblox, a metaverse game. and will “compete head-to-head against big powers from Japan, Korea, Europe and U.S.”, according to a Timi engineer. Timi has already moved forward with the announcement of a New AAA game that “resembles the virtual community from the movie Ready Player One,” Reuters reports. It was the top-grossing mobile game worldwide for September 2020, according to Sensor Tower. Honor of Kings has garnered more than $240 million in user spending, not including third-party Android stores. This could include anime, films, music and even live-action series,” said Li Min, game director and general manager of Tencent’s Timi Studios. “We are going to expand how players can interact with the Honor of Kings world and create a multi-dimensional brand experience that drives engagement both inside the game and outside it. Tencent’s Honor of Kings is expanding into other genres and forming a tie-up with British luxury group Burberry. And Honor of Kings, only available in China, had 100 million daily active users in November 2020. In its first week of launch in October 2019, Call of Duty Mobile garnered 100 million downloads. Timi is not as well know as Activision, but it has launched some of the biggest games in the world. Timi certainly has done $2 billion better compared to the well-known studio. The $10 billion paycheck has earned Timi the sobriquet of the world’s largest developer, Reuters reports.Īctivision Blizzard that publishes the Call of Duty franchise, posted a revenue of $8 billion for the year 2020. Call of Duty Mobile and the MOBA Honor of Kings together brought in a revenue of $10 billion dollars for its developer TiMi Studios, owned by Tencent.
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