Frank Zhu, former head of Chinese animation studio Pearl Studio, has joined Tencent-owned Riot Games as MD for Riot Games’ China Entertainment. He reports to Shauna Spenley, global president of ent…
as MD for Riot Games’ China Entertainment. He reports to Shauna Spenley, global president of entertainment.
The newly-formed entertainment division is intended to expand Riot’s existing IP through film, television, music, consumer products, and live experiences. Zhu was CEO of CMC-owned Pearl Studio since 2016 and in 2020 was executive producer for the animated feature “Over the Moon,” a co-production with Netflix.
Riot Games is wholly owned by China’s social media, games and video conglomerate Tencent Holdings. Under the Donald Trump administration the Committee on Foreign Investment in the United States opened talks with Tencent with a possible view to forcing the giant Chinese firm to divest Riot and its stake in another developer Epic Games.
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