Tencent Holdings is casting a wider net for content from console gaming developers, in search of intellectual property (IP) to create the next blockbuster, as the company races to meet increased global demand for new games.
Analysts expect Tencent, which runs the world’s largest video games business by revenue, to pursue more collaborations and investments in the console gaming sector, following its recent deals with Japanese developers Marvelous and PlatinumGames.
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