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ATVI

Activision Blizzard

$54.69 /

-0.91 (-1.64%)

15:44
10/18/19
10/18
15:44
10/18/19
15:44

U.S. lawmakers urge Activision Blizzard to reverse 'Hearthstone' player's ban

U.S. Senators Ron Wyden and Marco Rubio, as well as representatives Alexandria Ocasio-Cortez, Mike Gallagher, and Tom Malinowski, have sent a letter to Activision Blizzard (ATVI) CEO Robert Kotick expressing "deep concern" about the game maker's decision to make pro "Hearthstone" player Ng Wai Chung, also known as "Blitzchung," forfeit prize money and ban him from participating in in tournaments for a year after he voiced support for pro-democracy protests in Hong Kong. "This decision is particularly concerning in light of the Chinese government's growing appetite for pressuring American businesses to help stifle free speech," the letter reads, adding that the company benefits from China's growing market for esports, along with an investment from China's Tencent (TCEHY). "As China amplifies its campaign of intimidation, you and your company must decide whether to look beyond the bottom line and promote American values--like freedom of speech and thought--or to give in to Beijing's demands in order to preserve market access," the lawmakers said in the letter. "We urge you in the strongest terms to reconsider your decision with respect to Mr. Chung. You have the opportunity to reverse course. We urge you to take it." Reference Link

  • 18

    Oct

  • 07

    Nov

ATVI Activision Blizzard
$54.69 /

-0.91 (-1.64%)

10/18/19 Piper Sandler
NPD video game sales down 6% for Q3, says Piper Jaffray
10/15/19 Citi
Activision Blizzard price target raised to $55 from $47 at Citi
10/14/19 Cowen
Activision Blizzard player boycott impacting Hearthstone revenue, says Cowen
10/11/19 SunTrust
Activision Blizzard price target raised to $59 from $56 at SunTrust

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