![]() In June, Tencent found itself at the center of a lawsuit that accused it of including "inappropriate" content in Honor of Kings, including characters with low-cut clothes and historical inaccuracies. But, its success has also brought with it increased scrutiny. As of November, the mobile title boasted 100 million players. Honor of Kings is a hugely popular multiplayer online battle arena game developed by Tencent subsidiary TiMi Studio Group, also known for Call of Duty: Mobile and Pokémon Unite. and curbed how much they could spend on downloadable content. Additional restrictions banned younger gamers from playing between 10 p.m. Previously, play time in China was capped at 90 minutes per day during the week and three hours per day at weekends and holidays as part of broader rules introduced in 2019. The rules, designed to appease the country's all-powerful censors, come into effect today, according to state media outlet the South China Morning Post. The publisher has been forced to further slash playing time on Honor of Kings for those aged under 18 to one hour during regular days and two hours on weekends. After opening a front in gaming back in 2018, the government is now adding to the restraints the biggest publishers face. Timi, meanwhile, is looking to shift away from its focus on mobile games to develop for other platforms, including desktop computers, Sony’s PlayStation, Nintendo’s Switch and Microsoft’s Xbox.China's regulatory war against its tech giants isn't limited to data. The company aims to eventually derive half its gaming revenue from outside China, up from 23 percent in the fourth quarter of 2019. Tencent is building studios overseas, including Los Angeles bases for Timi and Lightspeed and Quantum, as it looks to shift to developing original intellectual property. Then, we can use our shared resources and knowledge from TiMi and Tencent to. Tencent said its online games revenue rose 29 percent quarter-on-quarter to 39.1bn yuan for the fourth quarter, amidst a surge in paying gamers. From here, the hugely successful Honor of Kings was born before the studio. Timi Studios’ Honour of Kings International expansion Reuters said Timi accounted for 40 percent of Tencent’s gaming revenues, followed by the Lightspeed and Quantum studio, developer of the popular game PUBG Mobile, at 29 percent.Īnother subsidiary, Aurora Studios Group, which develops Moonlight Blade Mobile, accounted for 3 percent, while another 26 percent reportedly derived from publishing games for other developers. Tencent last month reported a total of 156.1bn yuan (£17.2bn) in online gaming revenues for 2020, but did not break down the figures for the individual studios it owns, which are run independently and compete with one another. Surge in demandįor comparison, Activision Blizzard, the company that develops the Call of Duty game series, in February reported $8.1bn in revenue for 2020, up 25 percent year-on-year. 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. Tencent did not immediately reply to a Reuters request for comment. Timi has made its name by developing mobile games based on other companies’ properties, including popular titles Call of Duty Mobile and Honour of Kings, as well as Arena of Valour, Pokemon Unite, Speed Drifters and others. The sources declined to be identified because the information is not public. ![]() The figure would make Timi the world’s biggest videogame developer by revenue, Reuters estimated. The figure reported by the Reuters news agency, citing two unnamed sources familiar with the matter, makes Timi the latest company to see a huge spike in demand driven by the coronavirus pandemic, along with video-streaming platforms and teleconferencing services. Timi Studios, a gaming division of Chinese tech giant Tencent, reportedly generated $10 billion (£7bn) in revenues last year, which would make it the world’s single biggest studio. Honor of Kings Closed Beta Test rolls out in Brazil, Egypt, Mexico, and Turkey Ex-Ubisoft employee Ashraf Ismail joins Tencents TiMi Studios after being.
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