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TenCent has a stake in Epic but Tim Sweeney still is the majority shareholder

• zepto 6y ago
  Epic has a 40% stake, and controls Epic’s access to the Chinese market. There may be other rights attached to their share. Sweeney may technically still have the majority vote, but he can’t do anything they seriously oppose, or not do anything they are strongly in favor of without facing serious consequences.
  • ocdtrekkie 6y ago
    This is entirely false. Because while Blizzard, the NBA, and every other "American" company was busy sucking up to China in the last year, Tim Sweeney blatantly stated players in his games should feel free to support Hong Kong. Epic didn't bow to China like other American companies did. And Epic didn't even stay silent. Epic made a clear statement in opposition to China. That should've put to bed any of this silly "it's controlled by China" nonsense. Tencent just likes having a good stake in a company that prints money.
    • zepto 6y ago
      If there is any part of what I said that is false. I invite you to point it out. Support Hong Kong? How is that in opposition to China? Hong Kong is part of China, and I’m pretty sure the Chinese government thinks of itself as supporting Hong Kong. All Sweeney actually did was make some carefully worded statements about free speech and said that they wouldn’t filter messages on their platform. He made no statement encouraging support of any particular political stance.