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> without considering Tencent's influence At 5% ownership, Tencent doesn't have the muscle to force Blizzard to do anything it wouldn't have already done of it

> without considering Tencent's influence At 5% ownership, Tencent doesn't have the muscle to force Blizzard to do anything it wouldn't have already done of its own volition.

oarsinsync 7y ago
Activist investors often have less than 10% stakes in the companies they’re trying to institute changes in. 5% is not a meaningless amount to hold.
- tomnipotent 7y ago
  I hadn't thought about the parallel to activist investors, that's a very good point. I've seen the hell raised by folks like Carl Icahn...
- morningseagulls 7y ago
  Agreed, but Epic Games, which is 40% owned by Tencent, is now claiming it won't do what Blizzard did: https://www.insider.com/epic-unlike-blizzard-wont-ban-players-talking-politics-hong-kong-2019-10 https://www.insider.com/epic-unlike-blizzard-wont-ban-player...
tyri_kai_psomi 7y ago
What is going to be more interesting to me is to see what Riot Games, who is wholly owned by Tencent, does when the inevitable Hong Kong protests come in during this years Worlds. There's even a Hong Kong team in the mix, and there's already reports surfacing that Tencent has directed casters not bring up Hong Kong.
- yomly 7y ago
  If I were the caster, I probably would simply not "live"stream it. Seconds delay lets you pull the cord before it goes public and or change feed. Minutes potentially let you omit the footage and do some super rough and ready edits. Not that I want that to happen...
morningseagulls 7y ago
>At 5% ownership, Tencent doesn't have the muscle to force Blizzard to do anything it wouldn't have already done of its own volition. And at 40% ownership, Tencent apparently also doesn't have the muscle to force Epic Games to do anything: https://www.insider.com/epic-unlike-blizzard-wont-ban-players-talking-politics-hong-kong-2019-10 https://www.insider.com/epic-unlike-blizzard-wont-ban-player...

> without considering Tencent's influence At 5% ownership, Tencent doesn't have the muscle to force Blizzard to do anything it wouldn't have already done of its own volition.

oarsinsync 7y ago

Activist investors often have less than 10% stakes in the companies they’re trying to institute changes in. 5% is not a meaningless amount to hold.

tomnipotent 7y ago
I hadn't thought about the parallel to activist investors, that's a very good point. I've seen the hell raised by folks like Carl Icahn...
morningseagulls 7y ago
Agreed, but Epic Games, which is 40% owned by Tencent, is now claiming it won't do what Blizzard did: https://www.insider.com/epic-unlike-blizzard-wont-ban-players-talking-politics-hong-kong-2019-10 https://www.insider.com/epic-unlike-blizzard-wont-ban-player...

tyri_kai_psomi 7y ago

What is going to be more interesting to me is to see what Riot Games, who is wholly owned by Tencent, does when the inevitable Hong Kong protests come in during this years Worlds. There's even a Hong Kong team in the mix, and there's already reports surfacing that Tencent has directed casters not bring up Hong Kong.

yomly 7y ago
If I were the caster, I probably would simply not "live"stream it. Seconds delay lets you pull the cord before it goes public and or change feed. Minutes potentially let you omit the footage and do some super rough and ready edits. Not that I want that to happen...

morningseagulls 7y ago

>At 5% ownership, Tencent doesn't have the muscle to force Blizzard to do anything it wouldn't have already done of its own volition. And at 40% ownership, Tencent apparently also doesn't have the muscle to force Epic Games to do anything: https://www.insider.com/epic-unlike-blizzard-wont-ban-players-talking-politics-hong-kong-2019-10 https://www.insider.com/epic-unlike-blizzard-wont-ban-player...