Tencent targets more console games as industry booms amid health crisis lockdowns and social distancing


By Josh Ye

The Chinese Internet giant recently closed deals with Japanese console gaming developers Marvelous and PlatinumGames. A collaboration with Activision Blizzard resulted in Tencent’s most successful console-to-smartphone gaming effort to date, ‘Call Of Duty: Mobile’. — SCMP

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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