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Is NetEase suing Activision Blizzard King for damages?

Is NetEase suing Activision Blizzard King for damages?

The Chinese tech giant wants to withdraw a smaller amount from the publisher Microsoft is looking for for refunds for games that are no longer supported.

Earlier, we also reported how NetEase and Activision Blizzard King in China separated after fourteen years, so access to World of Warcraft and Overwatch 2 (licensed and accepted by Chinese censors) officially ended, for example, the second largest country in the world. in terms of population. (After all, India took first place.) NetEase is now claiming compensation for unsold merchandise (T-shirts, mugs, etc.) and refunds for discontinued games and services. 300 million RMB/yuan, that’s what the rumors are about, and it’s approx. It is equivalent to $43.5 million, 14.73 billion forints.

Chinese Sina Technology It was one of the first media outlets to report on the trial. Blizzard allegedly did not abide by several licensing agreements, and the balance was tilted completely in favor of the foreign company with unequal deals. There was also talk of betting agreements, as well as larger deposits from NetEase to insulate the publisher from risk. Blizzard allegedly failed to honor its commitment to refund, and NetEase did not receive any commission that should have been paid in connection with the shutdown of the Chinese service. The Chinese tech giant has talked about 100 million RMB/yuan and has already compensated 1.12 million Chinese users alone.

There is even talk of a “one-sided clause” between Activision Blizzard and NetEase. This includes the requirement that NetEase make a large payment to Blizzard in order to provide multiple games to its partner. Blizzard did not pay the deposit involved, because nothing came of developing the games in question even after the deterioration of the relationship between the two companies.

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So Activision Blizzard can count on another lawsuit. I wonder what Microsoft was thinking when it looked like such a publisher? If they owned the company, they’d have a lot of work to clean up.

source: WCCFTech

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