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Comment by brundolf | Hacker News Reader

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brundolf·

I wonder how Blizzard is feeling about throwing in with the CCP right about now

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Probably having a hard time thinking straight with all the piles of money around them?

Their massive, important new market for expansion just got a whole lot smaller

This only effects children. Plenty of room to expand into adults, for now.

they've lost 50% of their users in 4 years

and this was before the recent PR disaster

Probably has little to do with China.

which is why this decision will be such a blow

they made the calculation that losing some percentage of their western markets to appease the CCP was worth it

and now they're going to lose that too

couldn't happen to a group of nicer people

> they've lost 50% of their users in 4 years

Blizzard maybe, but Blizzard is owned by ATVI and are still growing top line revenue QoQ:

https://www.reuters.com/companies/ATVI.OQ/financials/income-...

So, yes the company is technically still in "piles of cash" ($2.8B net cash from operations in 2020 for example).

Doesn't Tencent flat out own Riot? I'd be much more interested in understanding what they (Tencent) think of this.

No, they own a significant minority stake.

They acquired the entire company in 2015. You are probably thinking of Epic Games.

They're having too much fun harassing employees to care.

They are probably too busy pretending to be activist and on the side of minorities in the western world, ie taking zero risks pretending to be virtuous.

In the meantime the actual authoritarians who are persecuting religions and minorities are walking all over them and getting them to comply.

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