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> and the media wouldn't be discussing it at all. But the Chinese government might. And that might be much worse for them.
by romanovcode 7y ago
> and the media wouldn't be discussing it at all.
But the Chinese government might. And that might be much worse for them.
- falcolas 7y agoUnless Activision Blizzard plans to move their HQ to China, having the US government talking about you in a very negative light is likely worse for them.
- deminature 7y agoThe playerbase for some of their games is apparently as high as 70% China-based [1]. We can't verify this, because Blizzard doesn't release that information publicly, but if even remotely true, losing access to the Chinese market would be financially devastating. [1] https://www.youtube.com/watch?v=JSAlh9l-c7Q https://www.youtube.com/watch?v=JSAlh9l-c7Q
- falcolas 7y agoBlizzard does not release player numbers, but as a public company, they do release their financials. Per Activision Blizzard's investor calls, approximately 10% of their total revenue is from China. So, with a profit margin of 25% and profits in the billions, Activision Blizzard is not going to go bankrupt even should they lose all their Chinese income.
- deminature 7y agoWould you be impressed as a stockholder of a company that experiences a 10% reduction in revenue, voluntarily through an avoidable action?
- falcolas 7y agoIf the action is in support of morals I (and much of the US) believe in, absolutely. Money is not everything. I think it's a shame that so many are willing to support a company who will ditch their morals for just a bit more profit. EDIT: This isn't just a hypothetical either, ATVI is on a blacklist of stock that I will not purchase. I hope others will do the same.
- NotSammyHagar 7y agoThey are pretty likely to drop 10% just from us people dropping them.