Our latest coverage of tencent. 5e336z
Synced, Tencent's free to play sci-fi co-op looter shooter is shutting down on September 09, 2024. Developed by Chinese firm NExT Studios and published by Tencent's global label Level Infinite, Synced launched in September of 2023. The game hit a peak player count of 10,272 shortly after release but quickly shed those players due server stability issues. Numerous unexplained wipes [...]
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Tencent has gobbled up another video game development studio as it acquires controlling stake in Beijing-based Wangyuan Shengtang Entertainment. If the name sounds familiar, that’s because it’s the studio behind the now-defunct wuxia-inspired fantasy MMORPG Swords of Legends Online. The Chinese tech and media giant now owns 94% of Wangyuan Shengtang, which it already had a 20% stake in, along [...]
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Last week, the Chinese government drafted new measures to limit the time that its citizens can spend playing online games while also prohibiting events and capping spending on microtransactions, with a particular focus on gacha rolls and lootboxes. The law was drafted by the Chinese National Press and Publication istration. The goal is to curb “excessive spending” on online [...]
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Funcom has announced a new open world survival MMO titled Dune: Awakening during the first day of this year's Gamescom event. Dune: Awakening sounds like an ambitious project, combining survival game elements from their previous title Conan Exiles with a massive world shared by thousands of players. Set in the barely habitable desert planet of Arrakis, players will find survival [...]
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After several years of growth, Tencent has seen its first revenue drop since the Chinese video game company was publicly listed in 2004. The company’s Q2 2022 earnings report shows a 3% dip in its quarterly revenue compared to the same quarter last year at roughly $19.6 billion compared to Q2 2021’s total revenue of $20.2 billion. Total profit for [...]
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Tencent and Lightspeed Studios have officially unveiled their new UE5-powered open world MMORPG during yesterday’s Spark 2022 games showcase. The project is inspired by the Chinese martial arts novels by Jin Yong and is codenamed To Jin Yong after the author. The team also gave fans their first look at the game’s combat system with a three-minute trailer that shows [...]
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This month has already been chock full of new game reveals and announcement but we’re expecting a few more as Tencent gears up for its own summer games showcase next week. The Spark 2022 showcase is scheduled for Monday, June 27th where the Chinese gaming giant will reportedly be announcing a new open-world MMO. Information is scarce at the moment [...]
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Chinese mega media corporation Tencent continues its mission to lodge itself into every nook and cranny of the video game industry as it secures minority ownership in Studio MayDay. The New Zealand-based studio has rebranded themselves as Riffraff Games after receiving a “significant investment” from Tencent, reports GameIndustry.biz. They’ve also hired former ReedPop PAX Global Content Director Guy Blomberg as [...]
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The Chinese government intensifies its iron-fisted control on the video game industry in the country with new restrictions for online platforms, including games, live-streaming, video, audio, and social media. According to the South China Morning Post, the Cyberspace istration of China (CAC) has drafted new regulations as part of their efforts to limit minors’ access to internet services. Once the [...]
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Tencent continues gobble-up smaller studios as the Chinese media and tech giant fully acquires Aaryn Flynn’s Inflexion Studios and their flagship game Nightingale. Both parties have chosen not to disclose the details of the deal. “We want to make sure that the games developed by our internal studios benefit from the of publishers with leading track records of bringing [...]
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