TiMi Seattle has been in the works for more than a year with dozens of key hires already in place.TiMi Montréal is kicking off development of an ambitious AAA, service-driven open-world game across multiple platforms.TiMi Montréal and TiMi Seattle are both currently focused on making games that matter for the passionate global console audience, while TiMi Los Angeles serves as a robust management and operations hub, to prepare for full-fledged global development in North America. TiMi Montréal will join TiMi Studio Group in North America following the opening of TiMi Los Angeles and TiMi Seattle. It has the potential to attract highly skilled talent to grow the city’s gaming ecosystem, which is in line with Montréal International’s efforts to promote the sector to qualified workers and investors,” said Stéphane Paquet, President and CEO of Montréal International, which is supporting TiMi, along with Investissement Québec International in the Montréal opening. “TiMi’s decision to set up in Montréal strengthens the city’s position as a top world-class video game development hub. TiMi Montréal will work with local partners to advance its sustainability initiatives as well. TiMi Studio Group is a member of Playing for the Planet Alliance, a collective effort by the games industry to decarbonise and integrate environmental activations into video games facilitated by the United Nations Environment Programme (UNEP). To support growing the local talent pool, it will collaborate with local universities and organizations like Montréal International, which supports the attraction of international talent. TiMi Montréal is committed to the growth of the local gaming ecosystem. “Our focus is to start with console and PC platforms with the highest quality, and then let gamers all over the world play how they want regardless of platforms.” “Montréal offers access to a diverse, trend-setting work force capable of creating AAA open world experiences at a massive scale,” said Vincent Gao, head of global game development for TiMi Studio Group. TiMi Montréal will set its own creative destiny with plans to grow into a sizable team by the end of this year. The Montréal team will be challenged to create a AAA open world, service-focused video game for players to explore across multiple platforms. 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 he platform they play on," he said.TiMi Montréal will be a leading studio to focus on the creation and development of an original IP, with the backing of TiMi’s global development resources. "Timi has been able to successfully operate these mobile games over the long term. Timi is also the developer of Pokemon Unite, Arena of Valor, Speed Drifters, and others.Īccording to analyst Daniel Ahmad, Timi is firing on all cylinders right now and is looking to expand to create games for a global audience. Retuers said Tencent's plan is to eventually have half of its game revenue come from overseas markets currently, this figure stands at 23% for the latest period. The studio recently hired Scott Warner-a games industry veteran who worked on the Halo and Battlefield franchises-to head up its new Los Angeles studio. In any case, Timi is looking to grow to become a company with even more global appeal. It also bears mentioning that the $10 billion comes from Timi Studios alone, not Tencent's other internal studios like Lightspeed & Quantum Studios, the team that makes the wildly popular PUBG Mobile. But it seems Reuters is saying $10 billion in revenue for a single studio is what is the record. Companies like Activision Blizzard-the owner of Call of Duty- and the parent company of the main series' developers-make more money annually than that. It's not exactly clear what "largest" means here. And that's all without really being a household name. Sources told Reuters that Timi Studios made $10 billion in revenue last year, which makes it the "world's largest developer," according to the report. Timi Studios, the game developer behind both Call of Duty Mobile and Honor of Kings, had a banner year in 2020.
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