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TOPIC: ...CHINA, KIDS, PUBG, & A NEW STEAM COMPETITOR

...CHINA, KIDS, PUBG, & A NEW STEAM COMPETITOR 1 month 2 weeks ago #4446

  • -SD-Ninja_Jedi
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Chinese government to restrict video game usage and the release of new games
Tencent, the owner of PUBG and Riot Games, is in China's crosshairs.

August 31, 2018, 8:09 PM GMT

https://download.cnet.com/blog/download-blog/chinese-government-to-restrict-video-game-usage-and-the-release-of-new-games/


SUMMARY

A "..The Chinese government has announced new regulations on how much time children should spend playing video games and on how many video games can be released in China.

B The nation's regulators said the new guidance is intended to fight a rise in nearsightedness among Chinese youth, and to encourage more outdoor exercise and better nutrition.. ..According to China's regulators, 'Allowing your child to spend more time in the open sun can effectively prevent and control myopia,' (lack of imagination, foresight, or intellectual insight.) and parents are encouraged to make sure that their children get at least 60 minutes of exercise per day..."

C "..Only a few weeks ago, Tencent announced the launch of an international competitor to Steam called WeGame, which would include many releases from the aforementioned game publishers and studios. It's not clear yet how the Chinese government's new declaration will impact this project..."



TIDBITS

"Tencent.. ...is the distributor of PlayerUnknown's Battlegrounds, aka PUBG, which remains very popular in China despite the rise of Fortnite. But as CNN notes, the company has not been allowed to collect revenue from the game in China...

According to public filings, Tencent also owns 100% of Riot Games, the makers of League of Legends; 80 percent of Supercell, the makers of Clash of Clans and Clash Royale; 80 percent of Grinding Gear Games, the makers of Path of Exile; plus minority stakes in Activision Blizzard, Epic Games (the makers of Fortnite), Ubisoft, Paradox Interactive, and several other multinational game publishers and development studios..."
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