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Tencent has Reportedly Shut Down Open-World Developer TiMi Montreal Studio Five Years After it was Founded, Without Releasing a Game

The TiMi Studio Group logo, featuring a blue cloud-shaped icon and the text 'TiMi' on a dark background.

A new report from Game File points to the latest source of video game industry layoffs, this time coming from Tencent and its TiMi Montreal studio. In this case, the whole studio is getting shut down, leading to everyone on the team seemingly losing their roles nearly five years after the studio was founded with the intention of creating “AAA open-world multi-platform games.” Game File’s report comes after a now-deleted LinkedIn post from one of the studio’s programmers shared that the studio had been shuttered, with employees having been aware of the situation “for some time.” They also added that […]

Read full article at https://wccftech.com/tencent-reportedly-shut-down-open-world-developer-timi-montreal-studio/