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Jeff Grubb: Tomorrow you all are gonna pee out of your freaking butts!

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SlimeGooGoo

SlimeGooGoo

Party Gooper
Borowski_1 said:
i'll cut my balls off if that happens

no way in hell than can happen
Click to expand...
R-Right?

Kermit The Frog Reaction GIF
 
onesvenus

onesvenus

Member
Can someone shed some light on why being the end of fiscal year means an acquisition?

Some counterpoints:
- None of the last acquisitions have been announced just before the end of fiscal year
- These deals take time so it's not like they can really sync them with their fiscal year
- No other acquisition had rumors announcing it
- Would not closing the deal during the fiscal year mean they wouldn't be allowed to keep pursuing it? If not, I don't see the hurry on that

The only reason I can see someone wanting to do an acquisition before a fiscal year ending is to offset bad news when they report fiscal results to investors but I don't think Sony is in that spot
 
supernova8

supernova8

Banned
onesvenus said:
Can someone shed some light on why being the end of fiscal year means an acquisition?

Some counterpoints:
- None of the last acquisitions have been announced just before the end of fiscal year
- These deals take time so it's not like they can really sync them with their fiscal year
- No other acquisition had rumors announcing it
- Would not closing the deal during the fiscal year mean they wouldn't be allowed to keep pursuing it? If not, I don't see the hurry on that

The only reason I can see someone wanting to do an acquisition before a fiscal year ending is to offset bad news when they report fiscal results to investors but I don't think Sony is in that spot
Click to expand...

The only reason I can think it would be announced now/ASAP is if the other company was a listed company. Getting bought out is a big deal (obviously in terms of share price, shareholders because regulators cannot allow a company to keep having its shares traded as usual when it's sitting on the news that it's being bought out).

Thus, even if Sony didn't want to disclose it (and they might not be obliged to if the impact on Sony's own earnings (as a whole, not just Playstation) would not be that large), they would essentially be "outed" by the other side (being forced to) disclose it and so they would jointly agree to make the disclosure.

If you go look at the Sony (again, not Playstation) investor relations news archive, you'll see there was an announcement about their Bungie acquisition, but not the Housemarque acquisition. That would be example of the former having a potentially significant impact on Sony earnings (ie in terms of the acquisition price or earnings from Bungie developed games that will now be booked fully under SIE as part of Sony Group) versus the latter not.
 
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D

DinoD

Member
These types of threads only bring out the worst of fanboy wet dreams. I hope the rumor is based on some resurrected game franchise or a new product. Acquisitions (consolidations) are rarely good. Look what they did to music & movie industry. They will do the same to our games.

Regards
 
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skit_data

skit_data

Member
Not gonna see it coming you say…

PS5 full BC with PS1-PS4 is probably the last thing I expect right now so it’s gotta be that.
 
PaintTinJr

PaintTinJr

Member
If this is something - with an acquisition involved - I think for it to be "end of days" it is probably Fifa license related. Either Sony or Nintendo are buying Konami (for PES, etc) and paying Fifa's license ask, or something like Nintendo buying EA.

Evo having PES(under the Fifa label) would probably be worth the money to Sony - never mind all the other IPs for games and movies. Nintendo buying EA would be on the level of Microsoft getting Activision and would certainly make launching consoles easier without the troubles of support the 3DS had early on, and the WiiU had that killed it.

PES with Fifa License would equally work for Nintendo, but probably ;would give them less return than buying an EA publisher.
 
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DForce

DForce

NaughtyDog Defense Force
onesvenus said:
Can someone shed some light on why being the end of fiscal year means an acquisition?

Some counterpoints:
- None of the last acquisitions have been announced just before the end of fiscal year
- These deals take time so it's not like they can really sync them with their fiscal year
- No other acquisition had rumors announcing it
- Would not closing the deal during the fiscal year mean they wouldn't be allowed to keep pursuing it? If not, I don't see the hurry on that

The only reason I can see someone wanting to do an acquisition before a fiscal year ending is to offset bad news when they report fiscal results to investors but I don't think Sony is in that spot
Click to expand...
Sony announced the Bungie acquisition on Jan 31st, and Sony's fiscal report was released on Feb 2nd. The deal for Bungie was in the works for months. Just because acquisitions are announced, that doesn't mean they finally reached an agreement that same day.

Look at the Bluepoint acquisition. Sony's Japanese Twitter account accidentally posted the picture of Bluepoint joining the PlayStation family at the end of June, and they didn't officially announce it until the end of September.

This doesn't mean an acquisition is happening. Jeff just mentioned the end of the fiscal year.
 
oldergamer

oldergamer

Member
PaintTinJr said:
If this is something - with an acquisition involved - I think for it to be "end of days" it is probably Fifa license related. Either Sony or Nintendo are buying Konami (for PES, etc) and paying Fifa's license ask, or something like Nintendo buying EA.

Evo having PES(under the Fifa label) would probably be worth the money to Sony - never mind all the other IPs for games and movies. Nintendo buying EA would be on the level of Microsoft getting Activision and would certainly make launching consoles easier without the troubles of support the 3DS had early on, and the WiiU had that killed it.

PES with Fifa License would equally work for Nintendo, but probably ;would give them less return than buying an EA publisher.
Click to expand...
Wrong. No gaming company thinks the fifa license is worth paying 2 billion for.
 
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spons

spons

Gold Member
Jeff's fetish is knowing things in advance, then teasing Twitter about what he knows yet not actually saying anything about it.
"Hey dudes there's an awesome announcement coming up tomorrow! I'm not telling you what it is but be excited LOL! *starts twerking*"
And you just know he's stroking his micro-pecker the moment he Tweets his usual nonsense out.
 
SNPlayen

SNPlayen

Member
Faithless83 said:
I thought Greg postponing his podcast just for Spartacus was BS, Shinobi in the other place also pointed that there is something else hitting this week.
"No one seeing it coming" is likely something big that next to no one predicted and likely PS related.
Click to expand...
What did Shinobi say exactly?
 
PaintTinJr

PaintTinJr

Member
oldergamer said:
Wrong. No gaming company thinks the fifa license is worth paying 2 billion for.
Click to expand...
You are making the assumption that Fifa will ask the same of others, when the ask might be less - and Sony are multi-national company beyond gaming, and that price might still be manageable.

$2b doesn't sound unrealistic for Nintendo, either when a competitor is dropping $70billion on a publisher acquisition. Neither Sony or Nintendo need to keep the license, merely just have it long enough to dilute the grip it has on the footy genre and maximise their own marketing by being associated with the license.

Go look at the all-time boxed sales chart thread for the UK. EA since 1993 have sold more Fifa games than any other game franchise, and PES without the license did extremely well in the 8years less sales - with less than half the released games - showing that a combination of both game and license for a short period would majorly impact the footy genre's sales. If that was for Evo, a two year promo of PES under the Fifa license would be $4b well spent if it could establish it as the Evo footy mainstay IMHO, and continue to sell much, much higher after they let the license lapse.
 
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balls of snow

balls of snow

Member
onesvenus said:
Can someone shed some light on why being the end of fiscal year means an acquisition?

Some counterpoints:
- None of the last acquisitions have been announced just before the end of fiscal year
- These deals take time so it's not like they can really sync them with their fiscal year
- No other acquisition had rumors announcing it
- Would not closing the deal during the fiscal year mean they wouldn't be allowed to keep pursuing it? If not, I don't see the hurry on that

The only reason I can see someone wanting to do an acquisition before a fiscal year ending is to offset bad news when they report fiscal results to investors but I don't think Sony is in that spot
Click to expand...
They kinda are right with ps5 lagging behind ps4 sales because of the chip shortages.
 
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