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NCTY is going to get world of warcraft slammed

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April 15, 2009 – Comments (5)

Apparently a chinese document got leaked on the internet from the president of NCTY saying that blizzard will no longer be using The9 to run World of Warcraft in China.  There goes NCTY's main source of revenue.

5 Comments – Post Your Own

#1) On April 15, 2009 at 10:06 AM, Chromantix (97.66) wrote:

Link please

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#2) On April 15, 2009 at 10:48 AM, kdakota630 (29.73) wrote:

Sorry, no link, but here's the story:

BEIJING, Apr 15, 2009 (SinoCast Daily Business Beat via COMTEX) -- NetEase.com Inc. (NTES) has reportedly won the exclusive operating right of World of Warcraft (WoW) in Mainland China from June 2009.

The company will also obtain the operating right of Wrath of the Lich King, WoW's second expansion pack, according to the rumor. The9 Limited (NCTY), the former licensed operator of WoW in the mainland, was said to have failed in the renewal of its contract with the game's developer Blizzard Entertainment.

Some analysts believe that NetEase.com already aimed to get the operating right when it introduced StarCraft II into the mainland in August 2008, because the latter would unlikely make a profit in China, where there is rampant piracy.

Tencent Holdings Limited (SEHK: 0700) participated in the fight for the operating right, citing a person in the know. The company needs a heavyweight online game to boost revenues and consolidate its status as a leading online game developer and operator.

The9 says that it will not give comments on the news. The company is not afraid of losing WoW, because it is also operating two games, FIFA Online 2 and Audition 2, and The9 Board Chairman and CEO Zhu Jun believes that they will replace WoW in the future.

 

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#3) On April 15, 2009 at 4:57 PM, KamranatUCLA (29.71) wrote:

Hey. Can you tell me how I can invest in Municipal bonds and TIPS and GOs?

In one of your post you said you shorted some municipal bonds. How do you short a bond. I have an online broker sharebuilder.com can I short a bond on their site?

Help please.

Thanks 

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#4) On April 15, 2009 at 4:58 PM, KamranatUCLA (29.71) wrote:

oh can you please post it on my blog..thank you

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#5) On April 15, 2009 at 5:56 PM, KamranatUCLA (29.71) wrote:

thanks for the reply...can you please go to my blog. I don't understand your question.

Many cap members want to give me philosophical advices...but the fact is I don't care investing in stocks and mutual funds.

I have 20,000 I want to invest without tax headache now or later. If you see my blog I explained it there. If you can help I really appreciate it. 

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