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V's patron

be loyal to what matters

One of them could be Jak and Daxter. It's a longshot but you never know...;).

One of them is probably last of us part 3. I'm hoping one of them is a new sci-fi game. They had a couple of cool concepts in their art book.


It's something...;).
 
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Morgan

Well-known Member
Premium
Xen-Ace 2021

Microsoft buys game maker Activision Blizzard for about $70B

The all-cash $68.7 billion deal will turn Microsoft, maker of the Xbox gaming system, into one of the world’s largest video game companies and help it compete with tech rivals such as Meta, formerly Facebook, in creating immersive virtual worlds for both work and play.

For reference, Microsoft bought Bethesda for 7.5 billion dollars and the acquisition became official last year, so between then and now, Microsoft made enough F#ck Everyone Money to buy the equivalent of 9 Bethesdas.
 

Morgan

Well-known Member
Premium
Xen-Ace 2021
Hopefully they can clean up the studio and get Bobby Kotick out of there by the end of the deal next year.
That's what the Wall Street Journal says:

FJZxVAvWUAwVf5p


This supposedly contradicts the statement by Microsoft that “Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth,” but it's still technically true. He will continue to serve as CEO as of now, and then the deal will close, and he won't anymore. The official press release by Microsoft does not specify that Kotick's role as CEO will continue after the deal closes, only that he hasn't been kicked this instant.

What I'm hoping is that this includes the entire board of directors that defended him for so long, but given how large an acquisition this is, there's no reason why they shouldn't get a significant restructuring since they're no longer an independent company (see also: WB getting spun off into Discovery).

Kotick is undoubtedly going to be paid in the hundreds of millions and make more money being fired than this entire forum's family line will make before the planet implodes, but it cuts him off from giving himself yearly bonuses, at least.
 

Dark Drakan

Well-known Member
Admin
Moderator
That's what the Wall Street Journal says:

FJZxVAvWUAwVf5p


This supposedly contradicts the statement by Microsoft that “Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth,” but it's still technically true. He will continue to serve as CEO as of now, and then the deal will close, and he won't anymore. The official press release by Microsoft does not specify that Kotick's role as CEO will continue after the deal closes, only that he hasn't been kicked this instant.

What I'm hoping is that this includes the entire board of directors that defended him for so long, but given how large an acquisition this is, there's no reason why they shouldn't get a significant restructuring since they're no longer an independent company (see also: WB getting spun off into Discovery).

Kotick is undoubtedly going to be paid in the hundreds of millions and make more money being fired than this entire forum's family line will make before the planet implodes, but it cuts him off from giving himself yearly bonuses, at least.

The sooner him and bottom feeders that have leeched Activision Blizzard to its knees are gone the better, major restructuring is needed and for the work force there I can imagine this is all fantastic news.
 

ef9dante_oSsshea

Well-known Member
Premium
Xen-Omni 2020
Think that 2 major publishers is enough company wise. Individual studios wise maybe they should buy the studio behind stalker 2 , or scorn next

Or maybe a japanese one
 

Morgan

Well-known Member
Premium
Xen-Ace 2021
They'll wait until more scandals come out to tank those companies' stocks first, then they can snap them up cheap.
 

Dark Drakan

Well-known Member
Admin
Moderator

Sony buying Bungie for $3.6 billion

Destiny studio will remain multiplatform, able "to self-publish and reach players wherever they choose to play"



There it is. The console arms race continues.

Wonder what Sony are getting from this deal besides an additional revenue cut? Bungie have said they will remain a multi platform and independant studio after the acquisition. Sony have used the words partner and said they will have little hands on involvement.
 

Morgan

Well-known Member
Premium
Xen-Ace 2021
Wonder what Sony are getting from this deal besides an additional revenue cut? Bungie have said they will remain a multi platform and independant studio after the acquisition.
They're not "independent" if Sony bought them, that makes them a subsidiary like Bluepoint and other Sony studios. That's the point of paying for them.
Other than that, they're definitely still multiplatform, and Sony ideally gains as much money as possible from multiple avenues, a pre-built developer of Games-as-a-Service (the thing they struggled to do with Crystal Dynamics and Avengers, but Bungie has no problem with w.r.t. Destiny) plus the inbuilt fanbase of people who buy those things.

They could've tried their hand at buying Square Enix for the same thing (considering the critically acclaimed MMORPG Final Fantasy XIV has a free trial, and includes the entirety of A Realm Reborn AND the award-winning Heavensward expansion up to level 60 with no restrictions on playtime), but Sony is a Japanese multinational conglomerate with a good partnership with SE already, and they're not going to bother buying the cow when they're already getting the milk for free, so I understand their focus on keeping their hold on the Western market by nabbing an American developer.
 

Dark Drakan

Well-known Member
Admin
Moderator
They're not "independent" if Sony bought them, that makes them a subsidiary like Bluepoint and other Sony studios. That's the point of paying for them.
Other than that, they're definitely still multiplatform, and Sony ideally gains as much money as possible from multiple avenues, a pre-built developer of Games-as-a-Service (the thing they struggled to do with Crystal Dynamics and Avengers, but Bungie has no problem with w.r.t. Destiny) plus the inbuilt fanbase of people who buy those things.

They could've tried their hand at buying Square Enix for the same thing (considering the critically acclaimed MMORPG Final Fantasy XIV has a free trial, and includes the entirety of A Realm Reborn AND the award-winning Heavensward expansion up to level 60 with no restrictions on playtime), but Sony is a Japanese multinational conglomerate with a good partnership with SE already, and they're not going to bother buying the cow when they're already getting the milk for free, so I understand their focus on keeping their hold on the Western market by nabbing an American developer.

It was the wording in the following quote in the statement I found strange.

“Sony Interactive Entertainment LLC (“SIE”) announced today that it has entered into definitive agreements to acquire Bungie, Inc. (“Bungie”), a premier independent videogame developer and long-time partner of SIE that has created some of the videogame industry’s most highly-acclaimed franchises, including Halo and Destiny. This acquisition will give SIE access to Bungie’s world-class approach to live game services and technology expertise, furthering SIE’s vision to reach billions of players. Bungie will continue to operate independently, maintaining the ability to self-publish and reach players wherever they choose to play.”

Does look to be more of a technology gain and they want to delve more into their live service infrastructure.
 

Morgan

Well-known Member
Premium
Xen-Ace 2021
Bungie will continue to operate independently, maintaining the ability to self-publish and reach players wherever they choose to play.
"Bungie will continue to operate independently" =/= "Bungie is an independent company". Bungie is going to be a subsidiary of Sony Interactive Entertainment, so while they'll still have their own Board and management team (for now) and can develop their games without micromanagement from SIE, they don't have to worry about funding their own projects.

The same exact wording was used for Microsoft's acquisition of Activision Blizzard:
"Until this transaction closes, Activision Blizzard and Microsoft Gaming will continue to operate independently. Once the deal is complete, the Activision Blizzard business will report to me as CEO, Microsoft Gaming."
 

Morgan

Well-known Member
Premium
Xen-Ace 2021
Sony's Q3 FY2021 Consolidated Financial Results
"Bungie is a private company, the majority of whose shares are owned by its employees, so the payment of the consideration is structured to incentivize the shareholders and other creative talent to continue working at Bungie after the acquisition closes.

"Approximately one-third of the 3.6 billion U.S. dollar consideration for the acquisition consists primarily of deferred payments to employee shareholders, conditional upon their continued employment, and other retention incentives. These amounts will be paid over the course of several years after the acquisition closes and will be recorded as expenses for accounting purposes."
 
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