• @AngryRobot
      link
      English
      131 month ago

      Tencent owns 11% of Reddit…

        • @AngryRobot
          link
          English
          -11 month ago

          And what DOES Tencent have full ownership of? They dip into almost everything as rich as they need to carry China’s water.

    • @[email protected]
      link
      fedilink
      English
      11 month ago

      More likely they would leave the market. That game isn’t really popular in NA but it’s the most popular non-mobile game in Asia

      • @[email protected]
        link
        fedilink
        English
        41 month ago

        …Are you kidding? LoL has been huge for years in NA. RIOT is an American company that was bought by Tencent. Leaving the market means they lose their entire dev team.

        • @[email protected]
          link
          fedilink
          English
          01 month ago

          RIOT is an American company that was bought by Tencent.

          Sure but it ignores that Tencent gave $20 million to create LoL (first 10 then another 10 to buy out the other investors)

          • @[email protected]
            link
            fedilink
            English
            21 month ago

            Investing 2 years after the game was first playable by the public counts as “giving money to create it”, now? That’s at least 6 years after they’d have started development.

            You’ve ignored reality.

            • @[email protected]
              link
              fedilink
              English
              0
              edit-2
              1 month ago

              They invested before it was released, what are you talking about?

              Tencent paid for it to be made

              Edit: upon research you are talking about when Tencent became the owner. Not their investments to have the game made.

              Not mentioned in a Washington Post article but

              “ Over the summer of 2008, Merrill and Beck’s work seeking funds proved fruitful and the two landed $7 million more in funding from Benchmark and FirstMark Capital venture capital firms.”

              /+ 10 mill from Tencent and prior to launch Tencent gave another 10 mill to buy out those investors

              • @[email protected]
                link
                fedilink
                English
                11 month ago

                You’re probably thinking the “full release” but the game was being played by the public for several years, and was quite popular for over year prior to the “official release”. So, no. They didn’t. Their investment came a full year after I’d already been playing the game.

                The game was made already. They bought an existing product.

                • @[email protected]
                  link
                  fedilink
                  English
                  1
                  edit-2
                  1 month ago

                  I can’t find anything suggesting the game was released prior to 2008

                  Riot released some video at sometime talking about how they had to cram to make the game even playable prior to the sales pitch so I really doubt it was made before that

      • @eronth
        link
        English
        11 month ago

        LoL isn’t popular in NA anymore?

        • @[email protected]
          link
          fedilink
          English
          -2
          edit-2
          1 month ago

          Never was that popular

          COD and Fortnite are much bigger with the latter even making sports radio talk

          The popularity spike was when MLG needed to fill in the Halo Reach spot due to that game’s lack of appeal

          • @[email protected]
            link
            fedilink
            English
            31 month ago

            What? League is consistently the top result of twitch. Even accounting for other regions, league is by far one of the largest games people watch in na. Big na streamers pull in thousands of viewers (doublelift, tyler1 for example)

            • @[email protected]
              link
              fedilink
              English
              11 month ago

              You can listen to Riot themselves

              They aren’t bringing in new players, their playerbase is just getting older

              Which explains why they’ve made it less mechanical demanding and more about positioning over the years

          • @eronth
            link
            English
            11 month ago

            There’s not way you can say that game wasn’t ever popular. Maybe it’s never been the literal most popular, but it’s definitely had a life as a majorly popular game. Large streaming views, tons of players, etc. I have no idea how it’s doing now, but it definitely had a number of years of major popularity.

    • @Batman
      link
      English
      0
      edit-2
      1 month ago

      Already can’t trust kassadin, don’t need an anti trust