Tencent news is terrific. Not only do they have HEAVY investments in American apps and video gaming companies, they also have a growing presence in the film industry. Tencent Pictures has helped to produce and distribute films like Wonder Woman, Venom, the new Top Gun, etc https://twitter.com/slasher/status/1291552038455775233
Reminder of why this is an issue: https://www.google.com/amp/s/amp.cnn.com/cnn/2019/07/22/media/top-gun-flags-intl-hnk/index.html
Activision Blizzard, an American entertainment company that Tencent partially owns, required a professional video gamer to forfeit $10,000 in prize money for shouting, “Liberate Hong Kong, revolution of our times” in a post-match interview. https://www.google.com/amp/s/www.washingtonpost.com/outlook/how-china-gets-american-companies-to-parrot-its-propaganda/2019/10/11/512f7b8c-eb73-11e9-85c0-85a098e47b37_story.html%3foutputType=amp
From March 2019: https://www.privateinternetaccess.com/blog/taiwan-to-block-baidu-and-tencent-video-streaming-services-in-name-of-national-security-concerns/
Remember they do business with the NBA.
In Oct 2019 Tencent took the step of suspending its Rockets broadcasts and effectively blacklisted one of the NBA’s most popular teams in China only months after paying billions to extend the deal. https://www.google.com/amp/s/www.wsj.com/amp/articles/the-nba-feels-a-backlash-in-china-after-a-tweet-supporting-hong-kong-11570396236
In Oct 2019 Tencent took the step of suspending its Rockets broadcasts and effectively blacklisted one of the NBA’s most popular teams in China only months after paying billions to extend the deal. https://www.google.com/amp/s/www.wsj.com/amp/articles/the-nba-feels-a-backlash-in-china-after-a-tweet-supporting-hong-kong-11570396236