Blizzard to suspend game services in China as NetEase licences end


Source: reuters.com reuters.com

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Nov 17 (Reuters) - Activision Blizzard (ATVI.O) said on Thursday it would suspend most Blizzard game services in mainland China once its current licensing agreements with NetEase (9999.HK) end in January. Blizzard Entertainment said it had not reached a deal to renew the licenses with the Chinese Internet and gaming giant that was "consistent with Blizzard's operating principles and commitments to players and employees." NetEase's share price slid about 14% in morning trading in Hong Kong following the announcement. Hangzhou-based NetEase said in a statement that it was unable to agree on key terms of cooperation after lengthy negotiations, adding,...