Tencent-backed TiMi Montreal is shutting down less than five years after opening and without ever shipping a game. It appears to be the latest casualty of Chinese publishers pulling back on investment ...
TiMi Montreal had recruited senior western talent, including Assassin’s Creed Valhalla creative director Ashraf Ismail. Closure signals continued pullback from Chinese publishers in North America.
Recently, users on social media platforms such as Xiaohongshu alleged that Tencent’s TiMi Studio is planning to lay off several hundred employees, possibly related to the Shanhai Xunling project team.
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