More Reviews
REVIEWS Borderlands: The Pre-Sequel Review
Borderlands: The-Prequel promises the moon, but does it even get off the ground?

The Evil Within Review
Developer Shinji Mikami wishes for the survival-horror genre. Does The Evil Within make a case?
Release Dates
NEW RELEASES Disney Fantasia: Music Evolved
Release date: 10/21/14

Call of Duty: Advanced Warfare
Release date: 11/04/14

Far Cry 4
Release date: 11/18/14

Dragon Age: Inquisition
Release date: 11/18/14


LATEST FEATURES 7 Problems With Kingdom Hearts HD 2.5 ReMIX [Hands-on Preview]
For the last time, Aqua, NO I will not go out with you! (Yes, yes I will, actually.)

Xbox Downloads October 2014 - Updating Each Week
Microsoft's Xbox One console continues an Xbox Live revolution started over a decade ago. Here's hoping Summer of Arcade makes it to the platform next year.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
I Don't Want to, but I Have To...
By oblivion437
Posted on 10/20/14
Well, Gamergate has spilled over into the mainstream media and the coverage appears to be nearly uniformly dreadful. Take " What is Gamergate, and What Does It Say About Gender In Video Games? " by David Konnow as an example.  It appears that the writer has done little to no...

GAMING NEWS

Chinese Telecom Tencent Pays $330M For 40% Stake In Epic Games

Posted on Friday, March 22 @ 12:00:00 Eastern by

In financial reports from the company, Epic Games has revealed that the (as reported) "minority" investment made last June in the company by Chinese telecom Tencent totaled $330 million for a grand 40% stake in the maker of the Unreal Engine.

When the deal was originally made, Tencent put two of its own on the Epic board of directors, but the amount of money exchanging hands remained indisclosed. Speaking with Polygon, Epic founder Tim Sweeney said that the company is "thrilled to have a world-leading partner in Tencent, who gives Epic unique access to the Chinese market as we head into the next chapter of our 21-year history as a leading independant developer."

40% ownership is quite the stake though! How independent do you stay when nearly half of your building is owned by a foreign company? After the deal close in June, Rod Fergusson left Epic in August for Irrational Games, Cliff Bleszinski in October, and Mike Capps in December. Seems pretty clear why now, doesn't it?

I'm just saying if I shared a house with a Chinese company and they were like "Dude, 40% of this house is mine," I'd probably leave and screw them over on the rent too.
Related Games:   Gears of War: Judgment
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution