![]() ![]() "China is probably two-thirds of that (approximately $520 million). "Asia is 12% of Activision revenues, or around $800 million," said Michael Pachter, equity research analyst for Wedbush Securities. US game companies such as Blizzard, which is a subsidy ofīlizzard, have been working to penetrate the market by partnering with Chinese game companies to release their games. The country is expected to reach $75 billion by 2024. The Chinese video games market is worth $36.5 billion, second only to the US as of June 2019, according to a report from research firm Newzoo. What is Blizzard's relationship with China? Chung."Ī similar letter was also sent to Apple CEO Tim Cook after the company removed a Hong Kong protest app from its App Store. "We urge you in the strongest terms to reconsider your decision with respect to Mr. "As China amplifies its campaign of intimidation, you and your company must decide whether to look beyond the bottom line and promote American values - like freedom of speech and thought - or to give in to Beijing's demands in order to preserve market access," the members wrote. Tom Malinowski, a Democrat from New Jersey signed the letter calling Blizzard's decision to ban Blitzchung "disappointing." Mike Gallagher, a Republican from Wisconsin and Rep. Alexandria Ocasio-Cortez, a Democrat from New York Rep. Marco Rubio, a Republican From Florida Sen. Tom Cotton, a Republican from Arkansas Sen. Several members of Congress sent a letter to Activision Blizzard CEO Bobby Kotick Friday regarding the controversy. Implications of this will be felt long after everyone in U.S. China using access to market as leverage to crush free speech globally. ![]() ![]() People who don’t live in #China must either self censor or face dismissal & suspensions. ![]()
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