Tencent: Last News

Sony Interactive Entertainment America, said that companies like Google, Amazon and Apple threaten the stability of the gaming industry.At the GamesIndustry.biz Investment Summit in Seattle, Layden – now a strategic advisor at Tencent Games – relayed what he considers to be the three most significant concerns to developers and publishers. He started by specifying that acquisitions have the potential to be “the enemy of creativity”.“I also think rising costs in gaming are an existential threat to all of us.

Sega has joined a number of other game publishers in missing E3 this year, leading to the game industry questioning whether the Los Angeles convention will still go ahead.As reported by IGN, Sega said that “after careful consideration, we have decided not to participate in E3 2023 as an exhibitor. We look forward to sharing more information on announced and unannounced projects in the future.”IGN found that Tencent will also be skipping E3 2023, and claimed that more publishers will not be attending but are yet to make an announcement.The news comes just days after Ubisoft confirmed it would not be attending E3, with the Assassin’s Creed developer deciding to “move in a different direction” and host its own live event in June.Both companies join Xbox and Nintendo in skipping E3 2023, while it’s been reported that Sony will also miss the convention.

Tencent is reportedly looking to raise its stake in Assassin’s Creed and Far Cry publisher Ubisoft.According to a new report from Reuters, Tencent apparently expressed interest in the French publisher and is looking to raise the five per cent stake it placed in 2018.Two sources claimed that Tencent is aiming to “become the single largest shareholder” of Ubisoft with another stake purchase. At this time it’s unclear how much the company is planning on owning of the company.Additional sources said that Tencent does plan on purchasing the extrastake from the Guillemot family – the current CEO of Ubisoft – which own 15 per cent of the firm.

OtherSide Entertainment stopped working on System Shock 3 in 2019.Spector, studio and creative director at OtherSide, recently spoke with GamesBeat. While he didn’t say his version of the game was cancelled, Spector clarified that OtherSide Entertainment hasn’t worked on it for a while.When asked if the development of System Shock 3 came to an end for OtherSide, Spector responded: “We released a statement last year.

PUBG going free-to-play (F2P) for a week may last even longer, and that this is a trial to make F2P permanent.From August 10, PUBG will be entirely free to play until August 16. Using the Kpop crossover with Blackpink to draw in new players, it seems that the gesture may become more permanent soon.Prominent PUBG leaker Player IGN announced on Twitter that the move was more than a simple ploy to attract new players.The first tweet to suggest this went out back in July, and has been proven to be true in terms of a F2P week for PUBG.

Despite what the company called a “challenging” period, Chinese online publisher and TV producer China Literature completed its first year on the stock market with a 22% increase in profits to $156 million (RMB1.1 billion). It was rewarded with a 10% jump in its shares by midday Wednesday.