China's Tencent Holdings, has been working to adapt acclaimed action role-playing console game "Elden Ring" into a mobile version.
The world's largest gaming company by revenue acquired the licensing rights for the game by FromSoftware in 2022 and set up a team of a few dozen people to work on a prototype, the same year it bought a 16% stake in the Japanese game maker, the people said. But progress has been slow, they added.
While "Elden Ring" was designed as a premium game with a set price tag, Tencent wants to make it a free-to-play game with in-app purchases, similar to the hit game "Genshin Impact" developed by its Chinese rival miHoYo, the people said.