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Grand Theft Auto maker calls US-China video game trade unequal
Take-Two CEO calls on the the US government to intervene
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This article originally appeared on ABACUS
The boss of Grand Theft Auto is taking aim at what he thinks is unfair treatment by China.
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The CEO of Take-Two Interactive, which owns the companies behind huge franchises like GTA, NBA 2K and Red Dead Redemption, called it a “completely odd and unequal situation.”
At a conference call with Goldman Sachs, Strauss Zelnick said, “At the risk of being a little bit political, our government actually does need to take a position with regard to our trade with China.”
Zelnick pointed out that Chinese companies are free to buy American companies and publish their games in the country -- something US companies are unable to do freely in China. “We, in order to go to China, have to have half our business owned by a local company.”
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He’s not wrong -- China says that foreign game makers must partner with a local company to access the market.
But it’s also not exclusive to games. It’s also a standard practice in the auto industry. You might see plenty of Volkswagen or General Motors vehicles on the streets of China -- but they’re badged as SAIC Volkswagen or SAIC-GM.
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