No, this is how it works in China. When Tencent has seats the board, it's how it works in the US, too.
What Tencent has never seen before, and what all Chinese companies need a wake-up call to, is punishment for bending over backward to a dickbag government.
US companies are used to weighing what the government wants and what its consumers want and finding a decent footing (to maximally benefit shareholders). Chinese companies just do whatever the party wants. It's bad for everyone except the CCP.
It remains to be seen how much Blizzard will actually suffer for this. How many people will cancel their WoW subscriptions? How many will boycott their next big game. I have doubts that it will be a larger impact than the profits they've made in their ventures in China.
Comments
No, this is how it works in China. When Tencent has seats the board, it's how it works in the US, too.
What Tencent has never seen before, and what all Chinese companies need a wake-up call to, is punishment for bending over backward to a dickbag government.
US companies are used to weighing what the government wants and what its consumers want and finding a decent footing (to maximally benefit shareholders). Chinese companies just do whatever the party wants. It's bad for everyone except the CCP.
It remains to be seen how much Blizzard will actually suffer for this. How many people will cancel their WoW subscriptions? How many will boycott their next big game. I have doubts that it will be a larger impact than the profits they've made in their ventures in China.