Blizzard says China's NetEase rejects proposal to extend partnership for six months

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By Josh Ye

HONG KONG (Reuters) - Activision Blizzard (NASDAQ:ATVI), the U.S. video game giant behind hit franchise Warcraft, said on Tuesday that its Chinese publisher NetEase (NASDAQ:NTES) had turned down a proposal to extend their partnership for six months.

In a statement released on Chinese microblogging site Weibo (NASDAQ:WB), the company's subsidiary Blizzard China said it had contacted NetEase last week with a proposal to extend their partnership for six months which the Hangzhou-based company had rejected.

Blizzard China added that its game services will be discontinued on Jan. 23 in accordance with NetEase' announcement.