Tencent: The Company That Owns The Games Industry

So basically Tencent is the BlackRock of the gaming industry

Tencent's growing position is going to lead to a lot of horrible problems in the future. The average users who are aware and rightfully concerned over this are powerless to do anything about it, and eventually the companies who sold themselves out to Tencent will be put in just as powerless a situation. This isn't good.

You cant operate any company in China without agreeing to give unrestricted access to your data, your customers data and anything else the CCP wants access to. So ANY Chinese company, especially that big, will at least have one government representative in the company, whos job it is to make sure the company is reporting everything they know to the CCP. This includes any data collected abroad, no matter if its "stored abroad", copies of it are sent back to mainland China. The CCP dosent need a "court order", they just need to ask for the data. This is a good thing to be aware of.

In addition: they not only own video games but also Hollywood. Tencents Hollywood devision (tencent pictures) owns stakes in any major Hollywood production. With a few notable examples of: Kong skull island; wonder woman; venom and many more.

Me: This video must be about tencent. Kira: This video is about tencent. Me: I'm the greatest.

Knew this was going to be about Tencent from the video title, but didn't know much about their background / origins and how far their reach has spread in the industry. I've started seeing their logo pop up on movies now as well (though I can't remember the last time it happened off the top of my head). Great video Kira, thanks! Edit: the thumbnail has changed since I posted this comment, there was originally no mention of Tencent!

One would have to live under the rock to not know that Tencent have their tentacles everywhere.

Tencent feel like one of those companies that just seem perfectly cool right up until they decide to activate a trap card. Which they could easily do at any time, no matter what game it is. Path of Exile looks pretty good right now, because not being Diablo 4 is a legit selling point. They know how marketing works.

I said "Tencemt." I knew it. They own pieces of so many companies in the industry. They're sneaky.

Tencent only worries me because while they seem benign for now, that could change in an instant. No one man should have all that power, as they say.

I was so upset when they got their fingers in the Norwegian game company Funcom. This should be a huge red flag for everyone, because they're not only doing this with gaming companies. Chinese companies are reaching their fingers into many levels of many countries and companies.

I'm glad you briefly brought up Saudi Arabia at the end. While Tencent has seemingly been relatively hands off, the royal family... has not. And they now seem keen on getting in on buying or investing largely on game publishers as well.

The only company they've got their hands on that makes a product I use is discord, but with eight years of chat logs I'm horrified to know that

Tencent isn’t really unknown nowadays. Many gamers are aware of it, as it has been featured in other videos and news articles. Its participation in Epic Games in which it could potentially censor games sold on a platform used by the west on behalf of the CCP has always been troubling.

Since Baldur's Gate 3 is popular atm, prob nobody would noticed that Tencent owns 30% of Larian Studios as an private investor.

i remember feeling a part of my soul dying when i heard the news about tencents investment into from software Edit: I'm not talking about me dredding some change in gameplay, but rather that From Software is now another avenue for Tencent to try and creep data off of me from.

Excellent video. I've been avoiding Tencent staked games for years and years but it's getting nearly impossible nowadays since they are starting to have stakes in almost every publisher.

The Blitzchung incident is the straw that broke the camel's back for me with Activision/Blizzard's games and made me uninstall WoW and never log back in. Now fast forward to today and they had or are currently in a lot of trouble for various employee mistreatments like sexual harrassment, STEALING FUCKING BREASTMILK from a nursing employee, and general crunch conditions! Also, look at how heavy the state of microtransactions are in their games (Hi, Diablo Immortal and Overwatch 2.)

It's a shame that a lot of people I talk to don't care about companies like Tencent, which are under the CPP, knowing everything that they do because they use things they own

"Name the biggest game companies in the world" Me: Probably Tencent. I feel like the only people that don't know Tencent are just hyper casuals.