NetEase said Blizzard’s games contributed a low-single-digit percentage to its total net revenue and net income in 2021 and the first nine months of 2022. The games to be suspended include “World of Warcraft”, “Hearthstone”, “Warcraft III: Reforged”, “Overwatch”, the “StarCraft” series, “Diablo III”, and “Heroes of the Storm.”Īccording to NetEase, the recently published “Diablo Immortal,” co-developed by NetEase and Blizzard, is covered by a separate long-term agreement, allowing its service to continue in China. Blizzard said new sales would be suspended in the coming days and players would receive further details. Their agreements are set to expire on Jan. (TCEHY) Holdings in large part due it clinching deals to be Blizzard’s publishing partner in China in 2008 when Blizzard ended its deal with The9 Ltd. NetEase rose to become China’s second biggest gaming company behind Tencent We will make sure our players’ data and assets are well protected in all of our games,” William Ding, CEO of NetEase, said in a statement. “We will continue our promise to serve our players well until the last minute. Shares of Hangzhou-based NetEase slid about 11% in morning trading in Hong Kong, pulling back slightly from a steeper drop following the announcement. NetEase said in a Chinese statement that it was unable to agree on key terms of cooperation and added, in a second statement in English, that the expiration of the licenses would have no “material impact” on its financial results. ![]() ![]() (NTES) ends, prompting shares in the Chinese internet giant to tumble.Ĭalifornia-based Blizzard said it was unable to reach a deal with NetEase that was “consistent with Blizzard’s operating principles and commitments to players and employees.” Blizzard Entertainment said Thursday it will no longer offer games such as ‘World of Warcraft’ and ‘Hearthstone’ in China from next year once its deal with NetEase
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