CD Projekt Red Hires Modders
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After the announcement yesterday, on the crack down on under 18 gamers in China, shares in the biggest gaming companies in China also felt which you can understand why. Tencent who is the biggest gaming company in China, publisher behind such massive games as PUBG Mobile, their shares fell 11% yesterday after the news. But it's part of a wider range of actions being taken by the Beijing and Chinese authorities to combat certain things against education generally. It's not just only targeting gaming. For example, they have forced a lot of companies which provide, for example, after school tutoring to become nonprofit and things like that. But I'm not really going to delve into that because that goes outside the scope of gaming news. But just so you know that again, these announcements do have consequences. And the unfortunate side is we're not going to really see the true impact of these measures for like 10, 15, 20 years when the kids now who were targeted by it grow up and are educated and lead future companies. Let's just wait 20 years and see.
The next bit of news for today is CD Projekt Red have hired a group of modders to help with the back end of The Witcher 3 and Cyberpunk 2077. The group of modders are run together in a company called Yig Soft. And basically, it's nice that CD Projekt Red is working closely with effectively true fans of the games. These people care about the game so much that they're prepared to mod it, fix it, and so on. They're trying to bring the expertise in house, which makes perfect sense because we've seen it time and time again when developers, for example, recreate old games in modern engines because they just have such a passion for the games that they're playing. I would say good for CD Projekt Red. I'm hoping to see great work. I personally I'm still waiting to play Cyberpunk 2077 for reasons I've explained many times before, but we will see what happens.
And then the last bit of news for today is DrLupo, who was one of the biggest Twitch streamers, has now signed an exclusive streaming deal with YouTube Gaming. He will be moving over to YouTube Gaming, I think literally from today. Back in 2019, he did actually have an exclusive streaming deal with Twitch, but I guess it's expired since then and he has released reasons as to why, but I don't really want to get into it. It's just a case of he's been offered a good deal. He's massive on Twitch, but he's also big on YouTube. On YouTube, he has like 1.7 million subscribers already. Good for him. And these exclusivity deals, they don't last forever. At the moment, it seems like people are only being signed for one or two years maximum. There's nothing to stop him eventually coming back to the Twitch in the future, if he wishes. But we'll see. For now, he's going to be on YouTube Gaming. I do, like DrLupo, because of the charity work has done. He has raised millions for charities and with the help of so many other people. And I like public figures like that, that use their influence for good.
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