China gaming giant hits double whammy with Netflix debut, record ...


China gaming giant hits double whammy with Netflix debut, record tourney

The successes have sent Chinese esports stocks surging amid a crackdown on the country’s games industry

Zheping Huang and Vlad Savov

Tencent Holdings pulled off a pair of successes for its League of Legends franchise over the weekend, with a raucous esports tournament that drew more viewers than ever before and the strong debut for a new video series on Netflix. 

Arcane, an anime series based on the League fantasy universe, premiered to an overwhelmingly positive response, garnering 130-million views in China within a few hours and becoming the most searched show on Tencent’s streaming site. Globally, the show — co-created by the Tencent-owned game maker Riot Games — is streamed on Netflix’s service as well as’s Twitch.

Riot’s promotional push around Arcane included a live premiere event in Los Angeles and advertisements posted at bus stops around the city. Epic Games, also partly owned by Tencent, even debuted a League hero in its hit Fortnite game...

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