Tencent Acquires a Minority Stake in Epic Games, Inc
 

It was announced today that the Chinese company "Tencent" would be acquiring a minority stake in Epic Games.

From gamesindustry.biz
This is the same company that has made investments in Crytek and Riot and, as the article mentions, eventually full out buying Riot for $400m after using the same tactic of minority investor. Any bets on how long it will be before Mark Rein and Mike Capps send out their retirement announcements?

Asian companies buying American, one piece at a time.

Welcome to the genuine irony that is capitalism.

"Tencent has joined foces with majority owner, hip-hop mogul Fifty Cent, to form interactive media conglomerate '60 Cent Games'. Pricing for the group's titles is yet to be determined."

Riot(founded by mainly ex-Blizzard folks like how arena.net was formed and bought out by Asian company) was a start-up with not so much capital to begin with, where as Epic's been around and still 1 of the most successful independent studios. I don't see much similarity there or in Epic's future.

Reminds me of the 80's, when Japanese companies were buying up every struggling American entertainment company and the end of the American Way was at hand.

Almost guaranteed to be run by Chinese communist party members...

That thought had crossed my mind until you realize the Japanese wanted to be like us, not. Now if Tawain bought up all of our jobs and shit this would be a different story. It's a shame the brits had to give it back. :(

You're thinking of Hong Kong, and that's a pretty good example of how Chinese ownership doesn't change capitalism. They understand it better than a lot of western countries (Hi Greece!) which is why they've left HK alone.

BTW, Riot was doing plenty well before the investment; if they were "struggling" they wouldn't have warranted the $400m price tag. Besides, I'm not saying their failing at all, just that now Mark and Mike (and Tim) can take their big paychecks and never have to work again. As if that was a problem before, but now it's even LESS of a problem :)

Either you don't understand "irony" or you don't understand "capitalism", maybe both.

There's nothing ironic about being bought out, by anyone, under a capitalist system. If you mean "company from a communist country", that might make a little bit more sense. But, everyone knows that China isn't a pure communist system (anymore than we are a pure capitalist system), as proven by the very existence of private companies like this one.

America does not own the concept of capitalism and being bought-out is one of the best ways to make a profit, which is at the heart of capitalism.

lawl

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