Tencent nearly triples investment into Remedy Entertainment

[Gizmo_Duck]

Remedy Entertainment Plc: Tencent Holdings Limited's shareholding in Remedy has gone above the 10 percent threshold - Remedy Investors

Remedy Entertainment Plc Stock Exchange Release April 26, […]

investors.remedygames.com

Tencent upped their investment (% of shares) from 5.01% to 14.80%. Seems Finnish law requires notification if one holds over 10% hence the statement.

 

[MeachTheMonster]

RIP

 

[Neuromancer]

fukk Tencent

 

[Animal House]

They had a good run, I hope the next game works out for them because how they handled Alan Wake 2 was a near disaster

 

[Dirty Mcdrawz]

They had a good run, I hope the next game works out for them because how they handled Alan Wake 2 was a near disaster

Didn’t AW2 sell well?

 

[Animal House]

Didn’t AW2 sell well?

I thought it didn’t I’ll have to check

Edit: @Dirty Mcdrawz so apparently it’s their fastest selling game but hasn’t made back its budget. they’re still going to continue the AW/Control universe so that’s all I care about

 

[Gizmo_Duck]

The thing about tencent is they are relatively hands off their investments

 

[Family Lives Matter]

fukk em

 

[Pull Up the Roots]

They recently acquired 100% ownership of Grinding Gear Games after purchasing the remaining shares from the old owners.

 

[daze23]

Remedy Entertainment Plc: Tencent Holdings Limited's shareholding in Remedy has gone above the 10 percent threshold - Remedy Investors

Remedy Entertainment Plc Stock Exchange Release April 26, […]

investors.remedygames.com

Tencent upped their investment (% of shares) from 5.01% to 14.80%. Seems Finnish law requires notification if one holds over 10% hence the statement.

 

[Gizmo_Duck]

You’re just realizing that i copy and paste news from there?

 

[ORDER_66]

Is this because of the ban tik tok bill?!?

 

[Legal]

Is this because of the ban tik tok bill?!?

Yeah, investing in Remedy is gonna make people rethink things.

 

[Nero Christ]

Please don't fukk up the Max Payne remakes

 

[Gizmo_Duck]