Misk Foundation
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Games Done Quick announces and then quickly cancels SNK-sponsored stream because of company's Saudi ownership
Games Done Quick (GDQ) cancelled a sponsored stream celebrating Metal Slug's 30th anniversary due to backlash over SNK's ownership by the Saudi-owned Electronic Gaming Development Company. GDQ stated they would not accept funds from the sponsor and apologized for failing to conduct a thorough review of the partnership, citing their commitment to human rights and inclusivity.
Games Done Quick apologizes for partnering with Saudi-owned studio SNK
Charity speedrunning event Games Done Quick (GDQ) cancelled a sponsored stream with Japanese studio SNK due to concerns over the company's ownership by a subsidiary of the Misk Foundation, which is linked to Saudi crown prince Mohammed bin Salman. GDQ organizers apologized for failing to conduct adequate review and pledged to strengthen their sponsor evaluation process, stating the partnership conflicted with their values of supporting human rights and inclusivity.
Saudi Investment Firm Acquires A Significant Number Of Capcom Shares
Saudi Arabian investment firm Misk Foundation, through its Electronic Gaming Development Company (EGDC) branch, has acquired a 5.03% stake in Capcom. The firm, owned by Crown Prince Mohammed Bin Salman, stated the acquisition is for 'pure investment' purposes. This news comes as Capcom celebrates the success of Resident Evil Village and prepares to release new content for Street Fighter 6.
