Team Kaiju, The North American subsidiary of TiMi Studios, has been closed by Tencent – In an unexpected turn of events, Team Kaiju, a prominent gaming studio under Tencent’s umbrella, has reportedly ceased operations, raising questions about the studio’s future and contributing to speculation about Tencent’s strategic shifts within the gaming industry.
The closure came to light through an observant former employee who noticed the official Team Kaiju website displaying a 404 error and the LinkedIn page marked as unavailable. While no official statement has been issued by Tencent, a former developer expressed disappointment in a LinkedIn post, highlighting the lack of communication regarding the studio’s fate. Current indications suggest that Team Kaiju no longer exists, with no active employees listed on LinkedIn.
Team Kaiju, The North American subsidiary of TiMi Studios, has been closed by Tencent
Team Kaiju, a division of the TiMi Studio Group, known for its work on a highly anticipated AAA multiplayer game, is navigating uncertainty following the departures of industry veterans Scott Warner in April and Rosi Zagortcheva the previous year. The studio’s future is now under scrutiny due to the key leadership changes.
While the exact reason behind the shutdown are unknown, there are indications that Tencent made the decision in June. Further fueling speculation, Tencent has recently submitted a trademark application for “Team Jade” in Europe, raising questions about potential rebranding or shifts in their development strategy.
Tencent allegedly shut down TEAM KAIJU, TiMi Studio Group's North American subsidiary. Right after this, yesterday, Tencent filed for the trademark TEAM JADE in Europe.
In a LinkedIn post, one of the ex-developers of the studio noted that the Team Kaiju website doesn't work, and… pic.twitter.com/agq4sqgmhs
— Kurakasis (@Kurakasis) December 16, 2023
Tencent has since officially confirmed the closure, stating, “We can confirm that we have closed Team Kaiju and cancelled the studio’s unannounced game project.” The company revealed that some team members have been reassigned to other projects within Tencent and TiMi. Tencent expressed gratitude for Team Kaiju’s efforts despite the closure.
The incident serves as a stark reminder of the unpredictable nature of the gaming industry, even for industry giants like Tencent. As fans and industry insiders await an official statement, the fate of Team Kaiju and the talented individuals who contributed to its projects remains uncertain, highlighting the challenges faced by gaming studios in an ever-evolving landscape.