Tencent Us La Aaa Q4reuters

Publisher tencent games is opening a new studio in the us led by rockstar veteran steve martin via gamesindustry biz.

Tencent us la aaa q4reuters. The new studio lightspeed la will be led by former rockstar veteran steve martin and will focus on the development and publishing of aaa titles tencent games lightspeed and quantum studios. The studio is called lightspeed la and it will be led by former rockstar games veteran steve martin tencent has built the new studio to focus on the development and publishing of aaa titles. Lightspeed la does not have any projects at the moment as predicted.

Tencent holdings china s biggest social media and video game company launched a new california based studio this week as it looks to further expand its presence overseas. Timi is the publisher for arena of valor and call of duty. By revenue tencent is the world s largest game publisher their q1 2020 financial report pointed at rmb 108 billion 15 3 billion in revenue in the three month period ended march 31 2020.

The new developer is called lightspeed la and is already working on a next gen aaa open world game for xbox series x and ps5. The new studio lightspeed la will be led by former rockstar veteran steve martin and will focus on the development and publishing of aaa titles tencent games lightspeed and quantum studios said in a statement to reuters. Reuters reports that tencent holdings has created a new california studio lightspeed la that will develop and publish aaa read.

This studio is tencent s second studio in los angeles with timi studios being first. Timi studios is under the leadership of scott warner from halo 4. The team which falls under tencent s.

Tencent launches us game studio lightspeed la to create aaa titles and increase overseas share of its total games revenue which accounted for 23 in q4 2019 hong kong reuters tencent holdings china s biggest social media and video game company launched a new california based studio this week.