Coinspeaker
Activision Blizzard Announced NetEase Rejected Proposal to Extend Partnership
Activision Blizzard (NASDAQ: ATVI) recently disclosed that Chinese publisher NetEase rejected a proposal to extend their long-running partnership. According to the US video game holding company, NetEase rejected the opportunity to extend their collaboration by six months.
In a statement on the microblogging site Weibo, Activision Chinese subsidiary Blizzard China wrote:
“It is a pity that NetEase is not willing to extend services of our game for another six months on the basis of existing terms as we look for a new partner.”
Blizzard China further stated that it would discontinue its game services in a few days due to the NetEase impasse. However, Activision Blizzard revealed last December that it was in talks with potential partners. The Santa Monica-based video game developer looks to continue offering its hit World of Warcraft game to Chinese end users.
In the meantime, Blizzard China will
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