Forum - View topicNEWS: Chinese Internet Conglomerate Tencent to Invest in Kadokawa
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09jcg
Posts: 537 |
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I hope I'm being paranoid, but this will probably be bad for creative freedom.
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mangamuscle
Posts: 2658 Location: Mexico |
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IMO this is a "All your base are belong to us" moment.
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karyuudo0127
Posts: 143 |
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They barely own anything at this point. Now if it was 50-60% of the company that would be another story. Also Japan is very protective of their companies and % of shares that foreign investor's buy into. |
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Zynurosa
Posts: 7 |
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this is the beginning of the end for the free anime industry.
we are all so fucked. |
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CastMember1991
 Posts: 866 |
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Keep in mind, this is only a minority stake. Still, I have a feeling the Chinese government is gonna go after Tencent much like they went after Wanda Group (the former owner of AMC) for having so many foreign investments.
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crazieanimefan1
 Posts: 413 Location: Auburn, AL |
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Is this the same company who put out Mo Dao Zu Shi?
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Series5Ranger
Posts: 44 |
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The scary part is if they start limiting and or Censoring content to please their Chinese Investors, that's what I'm most afraid of, as Kadokawa has it's hands in almost all aspects of the Anime / Manga / LN Industry in Japan
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Ryuji-Dono
 Posts: 1239 |
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Guys, cool it with the doomsaying. This is merely a minority stake and as the user mentioned before, Japan is very protective of their companies from most foreign purchase, so at least for now, this is just mere investments and not the beginning of China dominating the anime industry.
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Touma55
Posts: 243 |
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Ikr? I swear some people love to live in fear of everything.
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Erufailon4
Posts: 200 Location: Finland |
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Chinese companies have been investing in anime for years now. These overreactions are a sign of ignorance, nothing more.
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09jcg
Posts: 537 |
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https://deadline.com/2021/10/last-week-tonight-with-john-oliver-mocks-john-cena-apology-china-1234861606/ It's things like this along with NBA/Hong Kong scandle in 2019 and the Disney Mulan scandle that have people worried. The PRC and it's state run media have already flexed and forced foreign business (media and entertainment businesses in paticular) to take the knee. Being concerned is nit unreasonable as these things are already happening |
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Connor Dino
Posts: 352 |
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The China of today is radically different than the China from 10 years ago. Especially when it comes to media censorship. If a Chinese company in the early 00s bought a minor stake, I would be more inclined to agree with the people shrugging their shoulders. But we don't live in that world anymore (and haven't for a long time). Any movement on this front is newsworthy and I would argue that there is a far greater harm in under-reacting then over.
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vampiyan
 Posts: 64 |
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Don't all you have to do is not call Taiwan a country? That's what the Kiryu Coco and John Cena controversies were about. |
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Ryuji-Dono
Posts: 1239 |
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@Connor Dino
What makes you sure of that? @09jcg What you showed were western examples. We haven't see something from Japan yet, so that part doesn't count. And Hololive in particular is a moot point given that they've stopped doing business in China because of the harassment. |
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09jcg
Posts: 537 |
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@vampiyan
And what about the other two controversies I listed? If a nuclear superpower and gets bent out of shape because one c-tier actor calls Taiwan a country than yes, I think that's something to be worried abut. That whole freedom of expression thing. @Ryuji-Dono That's a fair point and I sincerely hope that remains the case. I'm not going to act like its a nothing burger though. Its certainly news worth reporting and monitoring and the fact that the PRC HAS weaponized its economic clout to encourage censorship and dissuade freedom of expression should always have people concerned. |
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