Posted by: Sarah Wu on Jul 19 2010

US online game giant Activision Blizzard (Nasdaq:ATVI) has established an R&D center in Shanghai's Zhabei District, Jiefang Daily reported July 19. The company has also formed a Shanghai-based subsidiary named Activision Information Technology, according to the report...

Posted by: Melody Jiang on Aug 24 2009

According to Blizzard Entertainment co-founder and CEO Mike Morhaime, the joint venture formed between Blizzard and NetEase (Nasdaq:NTES) will focus on providing technical support to 3D MMORPG World of Warcraft (WoW) and will not be involved in other aspects of operation, reports Sohu...

Posted by: Megan Ko on Aug 13 2009

Internet and online game service provider NetEase (Nasdaq:NTES) booked net profit of RMB 468.1 million ($68.5 million) for the second quarter of 2009, improving over RMB 438.2 million ($64.2 million) in the year-ago period and RMB 416.7 million ($61.0 million) in the first quarter of 2009...

Posted by: Sophia Fu on Jul 22 2009

China's General Administration of Press and Publication (GAPP) has approved NetEase (Nasdaq:NTES) affiliate Shanghai EaseNet Network Technology Limited to begin closed beta testing of licensed MMORPG World of Warcraft on July 30, reports Sohu quoting an unnamed GAPP executive on July 21...

Posted by: Sophia Fu on Jul 22 2009

According to The9 (Nasdaq:NCTY) President Xiaowei Chen, The9 publicly reported to multiple government departments that NetEase (Nasdaq:NTES) and Activision Blizzard (Nasdaq:ATVI) division Blizzard Entertainment had established a joint venture to operate several Blizzard games, reports Sohu quoting Chen from Shanghai's Seventh China Digital Entertainment Expo & Conference (ChinaJoy) on July 22...

Posted by: Ana Swanson on Jul 16 2009

Online game company The9 (Nasdaq:NCTY) reported full year 2008 net income of RMB 96.84 million ($14.19 million), 72% lower than the amount reported in its February 24 Form 6-K, in a Form 20-F filed with the U.S...

Posted by: Cherry Zhang on Jul 15 2009

Related government departments are "definitely in the process of understanding" the JV between NetEase (Nasdaq:NTES) and Blizzard Entertainment, a division of Activision Blizzard (Nasdaq:ATVI), Shanghai Municipal Bureau of Press and Publication Vice Director Chen Songqing told 21st Century Business Herald July 12...

Posted by: Melody Jiang on Jul 13 2009

An unnamed insider said China's General Administration of Press and Publication (GAPP) has appointed Shanghai's News and Press Bureau to investigate a joint venture established by NetEase (Nasdaq:NTES) and Blizzard Entertainment, a division of Vivendi Games and Activision merger Activision Blizzard (Nasdaq:ATVI), reports china.com.

China forbids foreign companies from operating online games domestically through a joint venture or sole investment; Blizzard and NetEase will be penalized if their JV is found to be involved in domestic game operation, said the report.

According to a recent GAPP notice, China does not allow public display of imported online games that have not received government approval, reports Sina...

Posted by: Gwynn Guilford on Jul 09 2009

This Seeking Alpha article on NetEase (Nasdaq:NTES) by Zhang Xiaofan – a blogger with whom I’m not familiar – brings up the useful point that NTES’s share price tracked closely with the PCU of its blockbuster game Fantasy Westward Journey (FWWJ), until NTES won the rights to World of Warcraft (WoW) in mid-April, sending NTES to its current heights...

Posted by: Sophia Fu on Jul 06 2009

The minimum revenue sharing fee that NetEase (Nasdaq:NTES) gives to World of Warcraft (WoW) developer Blizzard Entertainment for the 3D MMORPG will be no more than $60 million, said NetEase WoW project chief Li Riqiang...

Posted by: Sophia Fu on Jul 03 2009

The9 (Nasdaq:NCTY) President Xiaowei Chen has renewed her contract with the company for another two years, reports National Business Daily quoting an unnamed source close to Chen. A related company chief confirmed that Chen will renew her contract but would not comment on the duration...

Posted by: Sophia Fu on Jul 02 2009

NetEase (Nasdaq:NTES) released the official site for its licensed 3D MMORPG World of Warcraft (WoW) at warcraftchina.com on July 1, reports 17173.com. The Chinese-language homepage for NetEase's "Battle.net" multiplayer platform launched at battlenet.com.cn the same day, the report said...

Posted by: Jessica Jin on Jul 02 2009

Activision Blizzard (Nasdaq:ATVI) division Blizzard Entertainment China confirmed that it has ended its cooperation with public relations agency Shanghai CLICK and entered a new partnership with Ogilvy, reports Sina...

Posted by: Melody Jiang on Jul 01 2009

NetEase (Nasdaq:NTES) said June 30 that it will delay opening server groups for its licensed 3D MMORPG World of Warcraft, due to extra time spent analyzing and testing game data, as well as its wait for government approval.

A General Administration of Press and Publication (GAPP) director said Tuesday that World of Warcraft has begun the regular approval process, reports People.com.cn...

Posted by: Jessica Jin on Jun 30 2009

NetEase (Nasdaq:NTES) confirmed that it plans to open a "Battle.net" multiplayer platform in early July that it will jointly operate with Activision Blizzard (Nasdaq:ATVI) division Blizzard Entertainment, reports qq.com.

Each Battle.net account created under NetEase's new account system will be able to bind with eight existing accounts in NetEase's licensed 3D MMORPG, World of Warcraft (WoW), according to earlier reports...