DarkArterialGore
Member
It would be hilarious if Sony cancelled the PC port of Red Dead 2.
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Rumor: sony in talks to acquire take-two interactive
- Thread starter SlashBringingHasher
- Start date
KyoZz
Tag, you're it.
Why? You don't want people to play an awesome game?
Yeah, I don't see an issue, on the surface.
1,480,000 million yen in cash and cash equivalent
1,199,000 million yen in liquid securities
This is about $25b in potential funds.
https://www.sony.net/SonyInfo/IR/library/presen/er/pdf/18q3_sony.pdf
$130 per share is about a $13.75b deal, TT has no real long-term debt, around $1.8b in cash so really its a $12b out of pocket deal. Assume a 70/30 cash/stock deal, Sony pays $8.4b in cash out of pocket, rest in stock.
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Make sure you let your wife do the financials in the household, I wouldn't want you broke and out on the street.
bitbydeath
Member
There’s been further updates since in the thread.
JLMC469
Banned
Anything relevant?
Well, you'll have to speak to Sony, they're not my financials, plenty of liquid assets on the balance sheet, in theory....but maybe you can help?
bitbydeath
Member
Nothing official, just a lawyer firm debunking Zhuges comments.
JLMC469
Banned
Keihart
Member
Just wanted to chime in to say that only in the US, AFAIK, people talk about a thousand millions like they were billions...it makes no fucking sense...a billion is a million of millions, jeez...you don't need a new word to say one thousand millions but you do need a new word to say a million millions so it doesn't sound stupid and confusing.
Ok, carry on, sorry to interrupt.
Ok, carry on, sorry to interrupt.
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bucyou
Member
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Stuart360
Member
bitbydeath
Member
2013.
Dacon
Banned
We don't live in prehistoric times anymore
SlashBringingHasher
Banned
idk they think its 2009 or something. anyway
sony is not nearly as big as ms or google obviously. but they have more than enough money to acquire Take two. take two is smaller than the playstation division by a margin. a large margin. and sony is much bigger than playstation alone.
demigod
Member
Armchair analysts that’s where.
SlashBringingHasher
Banned
well take two wouldnt care because that would be sony's problem lmao . they take their money and run away. but yes thats true.
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The link below was basically correct when I pulled the numbers from Sony's financials, assuming the rest of the numbers are correct. Hopefully useful, nite all.
https://www.macrotrends.net/stocks/charts/SNE/sony/cash-on-hand
https://www.macrotrends.net/stocks/charts/SNE/sony/cash-on-hand
bitbydeath
Member
Ignoring all that Sony was in the running to purchase Fox which ended up selling for 68B.
I’m sure they could dig into their couch for 10B-15B.
SlashBringingHasher
Banned
some of us would like to watch the world burn. lol. it'd be fun to see EA acquire them and ruin their ips.
Dacon
Banned
FranXico
Member
Not sure I would call that fun, but point taken.
BusierDonkey
Member
The entire English speaking world refers to 1,000,000,000 as one billion following American English. British English used to call a 1,000,000,000,000 (called one trillion in American English) a billion but adopted the American English figures when referring to numbers.
Linkroo for you
And another for your learning pleasure
HaveButOneLife
Banned
Do people not realize what comes out of acquiring big studios like this? Tons of people leave the company or get laid off, IP's remain dormant, and studios may or may not get closed.
Come back down to reality Kratos. lol
Oddvintagechap
Member
Sony can buy T2 easily. That’s why the market assumed Sony was buying T2. PlayStation is GTA V’s biggest market. Bigger than the other markets combined and then some.
I wouldn’t advise them to buy T2 Tho. I feel like the kid games are their weakest spot. They should be more afraid of Google and Disney than the Mature market.
I wouldn’t advise them to buy T2 Tho. I feel like the kid games are their weakest spot. They should be more afraid of Google and Disney than the Mature market.
Sony could technically afford to buy them, but it would be a really heavy burden to do so.
The article says that Sony is looking to buy with mostly cash. I imagine if this thing was really true, (which it isn't) Sony would probably throw around $10b at them in cash, and make the difference up in stocks.
Sony would recoup some of that cash immediately as TT has almost $2b cash on hand itself which I would assume would transfer right back to Sony.
The whole thing really doesn't make much sense though. Platform companies like MS and Sony would be looking to aquire developers. Absorbing publishers is basically overpaying for little return. Or at least the risk for little return depending on TT's current projects.
The article says that Sony is looking to buy with mostly cash. I imagine if this thing was really true, (which it isn't) Sony would probably throw around $10b at them in cash, and make the difference up in stocks.
Sony would recoup some of that cash immediately as TT has almost $2b cash on hand itself which I would assume would transfer right back to Sony.
The whole thing really doesn't make much sense though. Platform companies like MS and Sony would be looking to aquire developers. Absorbing publishers is basically overpaying for little return. Or at least the risk for little return depending on TT's current projects.
Keihart
Member
I did knew this, yet i feel it's still wrong since it's a murica english thing that slowly expanded, the rest of the world still knows what is a real billion, is just a misunderstanding in the english speaking world. It's right there with the logic of using the imperial units. Just mentioning it because it always seems like a way to make numbers seem bigger when talking about money. yet, linguistically it doesn't make much sense.
SlashBringingHasher
Banned
yeah as i said in update. apparently its all speculation and just random. it would be an equivalent rumor to say ms is acuqiring them.
bitbydeath
Member
All I’m saying is if they can throw their hat in the ring for Fox which they would have offered likely 30-40B then T2 is nothing in comparison.
Mattyp
Gold Member
You don't spend half your liquid assests that you've spent the past 5+ years finally replenishing on one publisher that outputs a couple of games a generation, it to me doesn't make any financial sense on Sony's behalf. Yes they have money to spend but this is a massive amount to them. It only takes a few stupid choices again next gen and the market turns and before you know it you've burned through the last half of the cash reserves you have left and off to selling buildings again. I think they need to stay the course and continue to grow the assets again, spend a couple billion if you feel inclined Capcom etc but half...? Can't see it.
Panajev2001a
GAF's Pleasant Genius
... more believable and as equally mean game disallowing fanboy wet dreamy too you were going to say or would “GamePass whoooooo” be the answer there
?
DeepEnigma
Gold Member
The stock went up before the comment was made. Hence they heard rumblings about that being whispered as to why investors were reacting in such a way buying in, supposedly.
Sony was hiring acquisition managers for the PlayStation division not too long ago. Now I'm not saying it is for this, but there is definitely something brewing from them.
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Stuart360
Member
As a PC gamer, this would suck. Not being able to play any Rockstar games anymore. At least if it was Xbox buying them, i would still be able to get the games.
There are a few studios that i wish were unbuyable (is that even a word lol), Rockstar, Bethesda (the Fallout and Elder Scrolls Bethesda), and a few others, for the sake of gaming as a whole.
There are a few studios that i wish were unbuyable (is that even a word lol), Rockstar, Bethesda (the Fallout and Elder Scrolls Bethesda), and a few others, for the sake of gaming as a whole.
phil_t98
#SonyToo
the assests of fox would repay that 68B easy over a few years, take two would take longer to recall the money back
you console war dweebs are seriously the worst.
almost as bad as SJW's
criminally overlooked as one of the main sources of the toxic stench surrounding console gaming.
Stay on topic please.
bitbydeath
Member
True, I’m just making a point that they can afford it.
Sentenza
Member
Yeah. An absolute knee-slapper!
Still, it's not happening. This is all wishful thinking to fuel the dreams of the Sony cheerleaders.
mrBarrelNut
Member
Brilliant. Censored and SJW approved GTA + RDR sound just wonderful.
Coulomb_Barrier
Member
I dont think this is happening but Sony enjoyed huge profits last financial year and the year before that, they're as wealthy today as at any time in their history outside the Walkman days.
Regardless of this, I think they should invest even more heavily in software to put even more daylight between themselves and MS. A chasm exists already but if they want to survive a world in which far wealthier companies like MS and Google are in town, they will need to make their software superiority unassailable.
Regardless of this, I think they should invest even more heavily in software to put even more daylight between themselves and MS. A chasm exists already but if they want to survive a world in which far wealthier companies like MS and Google are in town, they will need to make their software superiority unassailable.
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