Still don’t believe that there is a lot of money to be made in the world of smartphone games? Well, studio Timi, which in turn is responsible for the development of Honor of Kings, has made more money than Activision and EA.
Studio focused on mobile games made 10 billion in 2020
Therefore, a single studio by the Tencent group has made more money than some of the biggest studios in the industry. We are talking about Timi Studios, the developer responsible for Call of Duty Mobile and Honor of Kings. Yes! $ 10 billion in 2020, versus Activision’s 8 billion and EA’s 5.6 billion.
Incidentally, the parent company of this studio (Tencent), made $ 23 billion last year, ahead of Sony. Interestingly, Timi, generated 43% of these earnings… In fact, Honor of Kings alone generated 2.5 billion! And this is not even the most popular mobile game on the planet.
In short, if you still haven’t figured out why many of the big studios are betting on this world … It’s a good idea to look at values again!
After ‘fail’, CDPR wants to develop 2 games at the same time
As you may know, CD Projekt Red is a studio well known for having developed the saga of the highly successful Witcher, but… Truth be told, these days, it is best known for having failed badly in the launch of Cyberpunk 2077, one of the games most anticipated ever, which is now more dead than alive.
Well, after the launch of Cyberpunk, the studio underwent a restructuring, and apparently, the current goal is to develop more than one project at the same time. Interestingly we are not even talking about small or medium sized projects, we are talking about AAA games!
How is it that a studio that has failed badly in its most recent AAA game, can now even think about developing two projects at the same time? Let’s try to understand.
Read the rest of the article here.
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