Christocolus
Member
It's a long read. Find the link below.
https://finance.yahoo.com/news/microsoft-ceo-satya-nadella-says-191000397.html?.tsrc=applewf
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MS CEO Satya Nadella says the Company had the chance to buy Minecraft before 2014
- Thread starter Christocolus
- Start date
It's a long read. Find the link below.
https://finance.yahoo.com/news/microsoft-ceo-satya-nadella-says-191000397.html?.tsrc=applewf
Diprosalic
Banned
Did this turn out to be a good deal for them? I guess it was worth it bringing kids to their platform and not having them grow up only with iDevices/Android.
wumster3000
Member
Ruud_Luiten
Member
I think it was... based on the usage of minecraft in the company.
Before someone comes in and says "They'll never make that $2 billion back" people need to remember they used foreign money that they would never bring back to America due to taxes. That money was literally just sitting overseas, it was nothing to them.
VectorVictor
Member
Ahhh...Don Mattrick, is there anything that he did competently when he was head of the XBox Division?
No...really...was there anything he did competently when he was the head of the XBox Division? Because I'm having a tough time finding something...
FWIW, Minecraft sold something like 22 million in 9 months last year. It was a great deal if for no other reason than keeping MS relevant with kids.
FutureLarking
Member
Worth to $2.5 billion to them? Not even close so far, but they're probably thinking it'll have human generation spanninglegs. It really doesn't do much to drag people on to their platform either considering they've put it on every platform they can, rather intentionally.
Kids don't even know it has anything to do with Microsoft.
BlackBuzzard
Banned
Yeah he made Kinect successful which gave the 360 year on year growth unlike the XB1 which is having its worst year yet.
Dr. Feel Good
Banned
Don was an unbelievable fuck up in the history of Xbox. He nearly tanked the entire brand.
Yearsoflurking
Member
And also alienated the hardcore, sounds like a bad decision to me for the brand
GalacticMouse
Member
Me, yesterday: Interesting that Phil Spencer is being elevated to Nadella's Senior LT.
Me, today: Ah, okay. This all makes more sense.
Me, today: Ah, okay. This all makes more sense.
To be fair, he had great short term success with the Kinect but his record has shown that he was not a great executive.
Steelyuhas
Member
In financial terms, the deal was instantly profitable because Minecraft was already a steady money making machine, much more so than that cash sitting in a bank account collecting interest.
Welfare
Member
Xbox 360 Slim and Kinect in 2010 massively boosted 360 sales and 2011 was even better than that, outselling PS3 and Wii.
TheLegendaryN
Member
Don Mattrick lmao
BocoDragon
or, How I Learned to Stop Worrying and Realize This Assgrab is Delicious
This haha
ambar_hitman
Member
Don Mattrick lol. What a guy.
BronsonLee
Member
If they build it into the next version of Windows 10 as a Trojan Horse for educational computers, absolutely
Even if they don't do that, yes
Dr. Feel Good
Banned
They sold novelty hardware largely at holiday seasons. Big deal. Im convinced the only reason Kinect had moderate success was because the generation had been going for far too long and with no end in sight. Consumers were desperate for anything new. The writing was on the wall across the board about what people thought of it. Software sales were low, third party support was non existent, user engagement tanked, and Nintendos business model was free falling from its abandonment of core gamers. Yet Donny bet the entire Xbox One on it.
Bits N Pieces
Member
Based Satya. Now listen to Phil some more.
Within the next year or so, Microsoft will pass 100M units of Minecraft sold since the purchase of Mojang. Throw in the merchandising and skin purchases, and it's probably earned quite a bit more than you think.
hanspampel
Banned
Minecraft is a fucking gold mine
The Chinese F2P version just launched
Realms is like Xbox Live Gold money just for that game
The game sells roughly 1.7 million copies a month (and that numbers was still growing up to the latest sales data)
The Chinese F2P version just launched
Realms is like Xbox Live Gold money just for that game
The game sells roughly 1.7 million copies a month (and that numbers was still growing up to the latest sales data)
who else?
The new Minecraft Better Together version probably has a Microsoft-logo on every platform(intro-logo). They'll know now.
ALSO I saw on Zhuges twitter that Minecraft story mode surpassed 25 million downloads on IOS/google play
The brand is still ridiculously strong
Idk, I just wouldn't have thought that he could make that huge deal just after being promoted as the Xboss in 2014 but now we know that it took more than a few months for him to process this idea back in the days.
huh it was most definitely worth it
Greigor The Fellhand
Member
I think the minecraft purchase and the revamp of the xbox one since the disatroruous '13 one launch are some of the reasons why Spencer is now on the board.
hopefully that means they get a bit more flexibility
hopefully that means they get a bit more flexibility
Panaphonics
Banned
They did Not give them $2.5 Billion. That Money is overseas. They could Not Just Take it back to the US they would have to pay taxes. So they actualy paid way lass then thst. And its also about the mindset. Xbox = Minecraft. The Brand Minecraft is very valuable.
Liliana Eileen
Member
Nice work, Goofus.
Stay losing, Mattrick. Xbox has been infinitely better without you.
LordBaztion
Member
To be fair, Mattrick probably had other priorities to spend money on before leaving, like on research, development and launch of the X1, aswell as games for it.
Golden Parachute Donny is gone from Zynga too and the company is now apparently on the recovery path. Really makes you think.
ElBoxyBrown
Banned
You can't say he isn't ambitious with some of his ideas.
That was at the cost of core first party games and studios though.
BlackBuzzard
Banned
That was Phil's job. Under Phil Spencer first party output by MS is the worst its ever been.
He made a gamble which ended up backfiring in the future. He had a success with the kinect one but then he bet it all on kinect 2, had it be a mandatory pack in elevating the price, and consolidated the first party studios
Mattrick was the boss. Your employees don't have autonomy to do things the boss doesn't agree with. They execute the broader plan set from the higher ups
Minecraft prints money from the game itself and merch
BlackBuzzard
Banned
Mattrick is still the boss wow that is news to me.
manzoman96
Member
Nice work, Goofus.
We have a system for not buying Mojang on, it's called the Xbox 360.
Kinect was incredibly successful for them. It kept 360 hardware sales going strongly at a time where very little was being invest in first party.
Yui's Empire
Member
The game sold over 70 millions since the buyout. They got tons of money from microtransactions too. It was licensed out for other games, books, a movie is coming. It is a gold mine as far as gadgets, toys and other merchandising go. Streamers still play this insanely much, YouTube presence is as big as ever. It is a cultural phenomenon. It is being used to push technology like crossplay, Hololens and more. It inevitable sells hardware (not only consoles but other Windows 10 devices too), even more so now that Sony decided not to join the Better Together update.
Minecraft is huge, it will probably become the highest grossing game ever despite the low entry price. Anything these guys make after this will have an insane amount of publicity. And guess what, it's a brilliant Z-plan. If all else fails, announce Minecraft 2 as a launch exclusive for the new Xbox and see Microsoft win the console war before it even begins. I think most people don't quite see how big Minecraft is. It is simply insane.
Minecraft is huge, it will probably become the highest grossing game ever despite the low entry price. Anything these guys make after this will have an insane amount of publicity. And guess what, it's a brilliant Z-plan. If all else fails, announce Minecraft 2 as a launch exclusive for the new Xbox and see Microsoft win the console war before it even begins. I think most people don't quite see how big Minecraft is. It is simply insane.
hanspampel
Banned
wtf is this?
this is a personal book
not a pr statement
you tell storys and not everyone is always the good guy in those storys where you can only tell positive stuff about them
i mean you're a prime example of that
"one of those many internet trolls using unfitting bad Trump references"
Night.Ninja
Banned
Only one person on the first page mentions about Phil who kept pushing it (you know bad guy phill) Majority of other people just wanna look at the negative shit to typical neogaf
Never change
Never change