Chinese Internet company owns 40 percent of Epic Games

so the industries most used engine is now almost half sold to the chinese? how is this good? do they have any control over anything now?

China. Don't. Care

"Independent developer" means a whole lot less when you're publicly traded, Sweeney.

Judgement has come for Epic Games.

It just seems weird they would buy something so random. Asian markets don't usually go for western games like Gears. I don't think they're going to worsen or anything, and they would really only have control if they bump it up 11%

RIP Epic. China does not know a thing about developing and running a game studio. I can't name a single chinese-based game studio that has made an even half decent game. All the games out of China are F2P and microtransaction based MMO's.

@WantYouBad @pimpofdoom The funny thing is, everything you listed also applies to many first world countries, including the US.

I think it is funny since video games are banned in China.

I agree, this is the beginning of the end of Epic being a good company.....

I wonder when the censorship will start.

They're not going to get anything. I mean I would be more scared if it was 51%

In other words, don't expect too much from upcoming Epic games titles.

i dont like this, i would not be supprised if they start going downhill now.

Obviously this move did not go over to well with some of the seniors over at Epic. This concerns me because I really like Epic a lot but if 40% of there share holders are now interested in FB games and Iphone games.. thats not good for the real gamers.

China Blows...

@WantYouBad

The problem is that China funds a LOT of our enemies and doesn't play by the rules. They manipulate their currency (weaken or strengthen as needed to get an advantage) whenever and their "economic boom" is mostly just playing with numbers and cheating. But the main thing is they support nearly EVERY enemy of the US and have a LOT of US blood on their hands. IF you care about that sort of thing.

OMG, TEH CHINESE!!!

so?

@WantYouBad @pimpofdoom What are you talking about?

No-one uses "1st/2nd/3rd world" anymore, it's a dated classification from the era of the cold war.

China is a "developing country"

@WantYouBad @pimpofdoom I know. China's low wages are the ace in the hole that they seem to have that gives the country it's competitive advantage over more developed countries. When you look at GDP per capita China is still behind the Western world but when you look at total GDP China is only behind America.

in the 80's the big fear in America was Japan today the big fear seems to be China. I wonder how this one is going to play out.

could be worse. at least they're now owned by Activision

Wait, so Rod Ferguson and Cliffy B left and sold 40% of Epic? Guess they were just getting tired of Gears.

On the bright side is that the companies will need the government to crack down on piracy. As now it's not hurting US companies, it's hurting Chinese ones as well.

if this keeps going you need to learn mandarin................

They say they're "independent" and they have a board of directors, and have stock. That doesn't sound very indie to me.

"Chinese" company lol.

@libindi @xeoneex66 @Lord_Python1049 yeah, I'm not sure Italy is better off on labor. (cf.gomora for ex)

Well I suppose since I don't technically own any of the games I bought and paid for, somebody has to.

capitalism at work, nothing to see here, move along.. move along....

soon china will own 40% of all thing in the US

Who the **** cares?