Gaming Archives - Page 3 of 16

Virtual Game Assets Gain Attention as Many Blizzard Titles Prepare to Suspend Services in China

When a licensing deal between Activision Blizzard and Chinese game firm NetEase expires on January 24, 2023, many popular games such as World of Warcraft and Hearthstone will suspend services in mainland China.

ByteDance’s Moonton Opens Game Copyright Lawsuit Against Tencent

A software copyright infringement case leveled by ByteDance-owned game developer Moonton against Tencent opened for court sessions in Shanghai on November 29, attracting significant attention from the broader market.

miHoYo Cancels Game Project Led by CEO

Chinese game developer miHoYo on November 24 announced the formal dissolution of Project SH, a game product led by Cai Haoyu, the co-founder and CEO of the firm and producer of Genshin Impact.

Tencent and Blizzard Have Weighed Game License Deal for Over a Year

On November 17, Activision Blizzard suddenly announced that its existing agreement with NetEase will expire on January 23, 2023. Multiple Chinese game developers who are negotiating agency rights with Blizzard Entertainment include Tencent, ByteDance's Nuverse, Perfect World and others.

China Resumes New Game Approvals After One-Month Suspension

China's National Press and Publication Administration announced on November 17 an approval list for new online games this month, showing a total of 70 authorized titles. Tencent, which has not obtained approvals since September, attracted wide attention.

Blizzard Requires NetEase to Pay Two-Year Cooperation Income in Advance, Sources Say

Activision Blizzard, led by CEO Bobby Kotick, reportedly put forward stricter conditions in contract renewal negotiations with the Chinese firm NetEase, including requiring it to pay the cooperation income of the next two years to Blizzard in advance once it completes the contract renewal.

Game Developer miHoYo Denies Rumors of Licensing Deal with Activision Blizzard

Blizzard Entertainment, a leading game developer and publisher based in California, announced that it will not renew its licensing deal with Chinese game developer Netease. Chinese game company miHoYo was rumored to take over the deal.

Blizzard Halts Game Services in China as Licenses With NetEase Expire

Blizzard Entertainment, a leading game developer and publisher based in California, announced on November 16 that it will be suspending most game services in mainland China due to the expiration of current licensing agreements with China's NetEase.

37 Interactive Entertainment Ranks First in Global Revenue List of Chinese Game Makers

On November 15, data.ai, a third-party data organization, published the income list of Chinese game manufacturers in overseas markets for the month of October. 37 Interactive Entertainment surpassed Tencent, miHoYo and other game manufacturers for the first time, ranking first.

Chinese Game Makers See Stock Prices Increase after State Media Recognizes Value

One of China's official media outlets published an article entitled "the opportunity in the gaming industry cannot be missed". The news sent stock prices of Chinese game makers in Hong Kong shooting upwards.

License Deal Between Activision Blizzard and NetEase Faces Expiration

Activision Blizzard, a leading US video game developer, released its financial report for the third quarter of fiscal year 2022 on November 8, acknowledging potential problems with its title publication business in China.

Microsoft Looks to Boost Cooperation With Chinese Game Developers

The R&D strength of Chinese game developers is increasingly gaining recognition among global industry giants. And Microsoft is increasing investment to search for more Chinese game developers.

Facing Pressure in China, Tencent Chooses to Increase Overseas Game Business

Faced with the huge uncertainty of the Chinese game industry, the Internet giant Tencent has recently canceled some of its non-core marginal businesses and laid off employees in China while accelerating its investment in the global game industry.

ByteDance’s Moonton Sues Tencent for Defamation, Compensated $30.8K

A defamation case brought about by Shanghai-based game developer Moonton Technology against Tencent has recently reached a conclusion. Tencent was ordered to compensate Moonton for losses and expenses totaling 220,000 yuan ($30,800).

Look Into ByteDance’s Gaming Unit Nuverse

ByteDance's product launches are highly data dependent, with test results determining which features go live and algorithms determining which videos users see. When it comes to games, however, there are many more than just these factors.

Matching Mini-game “Sheep A Sheep” Hits It off in China, Arouses Controversy

A new pass-through mini game named "Yang Le Ge Yang," translated as "Sheep A Sheep," has become a national online sensation on China's social media in recent days. However, it has aroused controversy over its profitability and game rules.

Former Sony Interactive Entertainment Executive Joins Tencent Games as Adviser

Shawn Layden, the former CEO of Sony Interactive Entertainment's U.S. division and chairman of Worldwide Studios, announced on his LinkedIn account on September 20 that he has joined Tencent Games as a strategic advisor.

miHoYo to Cooperate With ufotable on Animation Project

Shanghai-based game developer miHoYo has announced on September 16 that it will soon kick off its "Genshin Impact" animation project in partnership with ufotable, a well-known Japanese animation production company.

Supercell’s Former Head of Global Studio Jim Yang Joins miHoYo

Jim Yang, the former General Manager and Head of Global Studio at Finnish game firm Supercell, joined Genshin Impact's developer miHoYo earlier this month.

NetEase and Tencent Finally Get Green Light to Publish New Games in China

On the evening of September 13, China's regulator announced a new batch of approval numbers authorizing the release of new online games in the country. The latest list finally includes titles developed by NetEase and Tencent.

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