ATVI - Blizzard Entertainment NetEase suspending game services in China

• Blizzard Entertainment, a division of Activision Blizzard ( NASDAQ: ATVI ) said that it will be suspending most Blizzard game services in mainland China due to the expiration of the current licensing agreements with NetEase ( NASDAQ: NTES ) on January 23, 2023.
• Certain games will no longer be available at end of license with NetEase on January 23, 2023, which includes World of Warcraft( R ), Hearthstone( R ), Warcraft( R ) III: Reforged, Overwatch( R ), the StarCraft( R ) series, Diablo III( R ), and Heroes of the Storm( R ).
• Diablo Immortal( R ) co-development and publishing is covered under a separate agreement between the two companies.
• Blizzard Entertainment has had licensing agreements with NetEase since 2008, covering the publication of these Blizzard titles in China.
• Upcoming releases for World of Warcraft: Dragonflight, Hearthstone: March of the Lich King, and season 2 of Overwatch 2 will proceed later this year.

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