StreetsofBeige
Gold Member
Game Pass on PS.
The Apple thing would be kinda crazy and scary... for the current players. But by all accounts Apple has no interest in going after the "hardcore" gamers. According to the Wall Street Journal Apple's operating profits on just games in 2019 were more than Microsoft, Sony, Nintendo, and Activision Blizzard... combined. If you believe their reporting, that fucking insane.It’s either Sony and Nintendo merging.
Or Apple buying Nintendo.
If people wanted to buy each other out they would have done it already not because Microsoft is doing it. This won't kick off anything. Consolidation is good. Means more money goes to developers instead of business overhead. And nowadays we don't really need big publishers to create popujlar games. More and more there's big games are owned by indie game studios that just self-publish their game. You dont' need a publisher to go to digital and you can always hire/contract your own marketing when you need it.I don't want this sale approved. Shit is gonna kick off even more insane consolidation schemes. The AAA industry was already too stagnate as it is.
This wasn't an instant purchase your realize right? Probably took a couple years.Well, lets be real here. Spending nearly $70b is a huuuuuge move.
And arguably an unnecessary one because certainly based on what's already known did MS really need to do this to shore up their position? I mean there's no way in hell that they'd resort to this sort of expenditure to get over on Sony. Its total overkill.
So. The question becomes, what would spook MS so badly that they'd resort to buying ABK? And bear in mind the conditions of the deal is an all-cash buyout. This isn't for stock, which is pretty unusual. Bear in mind that ABK's net revenue at peak has been around $6.6b per year, so they're looking at 10 years before they even recoup the purchase price, and a decade is a long time in gaming (consider where WoW was then compared to now).
This wasn't an instant purchase your realize right? Probably took a couple years.
So. The question becomes, what would spook MS so badly that they'd resort to buying ABK? And bear in mind the conditions of the deal is an all-cash buyout. This isn't for stock, which is pretty unusual. Bear in mind that ABK's net revenue at peak has been around $6.6b per year, so they're looking at 10 years before they even recoup the purchase price, and a decade is a long time in gaming (consider where WoW was then compared to now).
I mean.. honestly... there isn't much that could be bigger.
MS just bought the biggest company out there.
I do wonder if MS was forced into it because Sony is about to do something big.
Something like Sony buying GTA6 Exclusivity could have forced MS to buy Call of Duty.
Maybe Nintendo gonna buy Playstation Japan since they're kinda worthless these days in Japan.You guys are talking about buyouts... but has anyone brought up a merger?
Remember how Sony started off in the gaming industry... maybe they've teamed up again.
Whe on some Game of Thrones shit here... meanwhile I just wanna play botw 2 before dying...pls.
There isn't. I just posted what his tweet was about above LOLI doubt there is something bigger coming.
Sony buys Activison from Microsoft for 2 billion dollars.
What lol. So a couple of weeks then?It most assuredly did not.
That's NOT how deals like this go down. I'd know...I've been a part of them.
So. The question becomes, what would spook MS so badly that they'd resort to buying ABK? And bear in mind the conditions of the deal is an all-cash buyout. This isn't for stock, which is pretty unusual. Bear in mind that ABK's net revenue at peak has been around $6.6b per year, so they're looking at 10 years before they even recoup the purchase price, and a decade is a long time in gaming (consider where WoW was then compared to now).
The Apple thing would be kinda crazy and scary... for the current players. But by all accounts Apple has no interest in going after the "hardcore" gamers. According to the Wall Street Journal Apple's operating profits on just games in 2019 were more than Microsoft, Sony, Nintendo, and Activision Blizzard... combined. If you believe their reporting, that fucking insane.
What lol. So a couple of weeks then?
Capcom and Konami are both about 6-7b market
caps, Sony could do both.
There is no rational. Apple only buys companies to absorb people, IP, patents, and existing technology. Which would mean that they’d have to either 1) Kill Sony 2) Rebrand Sony 3) allow Sony to run independently and share manufacturing, R&D and resources.I see a lot of Apple buys Sony. What’s the rationale here?
You'd be surprised how sudden developments like this can happen seemingly overnight. Just look at AT&T's decision to sell WarnerMedia to Discovery. About a year after their initial deal closed!
Sure, someone at Microsoft may have been thinking about something like this...as most leaders have a list of potential acquisitions ready to go, but when it comes right down to it, it generally boils down to:
American businesses are not these buttoned up, well-oiled machines that are free from human emotion, reaction and overreaction.
- Something forcing one party's hand
- A great offer
- Someone wanting to get out
- Some interest from the board of directors
- Desperation or Hype
I mean, look at when Minecraft was sold to Microsoft. That happened because Notch sent out a Tweet...and it happened really quick.
Since we're in crazy rumor territory. How about Lucas Arts/Disney ends exclusivity with EA and Microsoft buys rights to make all Star War games within Msoft studios or Lucas Arts goes with Ubisoft and Microsoft buys Ubisoft.
The reason I asked is our company got purchased during covid and the paper work alone, financials, discovery, due diligence, etc... Took close to 4 months. Then it was about a month more before purchase. And we had 20 people in the company being bought by a 5 billion dollar company.
I'd imagine 70 billion would require much more oversight. I would think the norm world be longer than that for a large acquisition. Rushing doesn't seem like MS's modus operandi.
Could be wrong of course.
So you are saying they agreed to the deal in principle only right?You're absolutely right about all the paperwork and logistics, which is why this deal isn't expected to close until 2023, per the press release. To me, that says all the work is yet to come.
So you are saying they agreed to the deal in principle only right?
Interesting. Think I learned something new today. Thank you!I think it's a little more than that, but could this whole thing still fall apart? Most assuredly. Just look at Nvidia and ARM. Same thing kinda applies here, but Microsoft has a much better chance of pushing this through because A) they're not as despised as Nvidia is, B) there's probably not enough anti-competitive mojo for the courts to stop this and C) most people will see MS as savior tasked with reforming the toxic culture.
aaaah aaaaahh Sony is dumb, and it comes from a PS loyal fan since PS1, and they show. Who's dumb now, MS or Sony with their micro acquisitions to make great pc ports! They've got nothing to say and nothing to show....Sony is not dumb. Im sure they've got something up their sleeve too. Now bigger than Activision, idk if anything realistically could be done this week to be bigger.
Even adding Activision, MS doesn't have any monopoly in any gaming market or area. In fact they won't even be market leaders anywhere. I don't see why antitrust laws should be applied here.
It depends, does Gaben has enough money or does he want a bit more for his retirement? He may retire soon and I'm pretty sure MS would be interested to get Steam, a VR headset and their portable PC plus some extra PC games and IPs. MS would pay even more for it: they would get basically the monopoly of the PC market, the future of the handhelds and a top tier VR to compete with Sony.
aaaah aaaaahh Sony is dumb, and it comes from a PS loyal fan since PS1, and they show. Who's dumb now, MS or Sony with their micro acquisitions to make great pc ports! They've got nothing to say and nothing to show.
aaaah aaaaahh Sony is dumb, and it comes from a PS loyal fan since PS1, and they show. Who's dumb now, MS or Sony with their micro acquisitions to make great pc ports! They've got nothing to say and nothing to show....
But we're save, they have Abandoned!
Sony does not give a shit. We had multiple reports that they just don't care like at all about big studios.Sony doesn't have the money to do anything about this. They can spin up a bunch of studios and build up new franchises and game series, but that will take time. Microsoft has basically bought an entire audience with their purchase, and there is nobody else in this industry that can compete with that.