Closer
Member
Maybe they can convince Nintendo to make games for adults
We don't need more pachinko or another Konami
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ValueAct is securing 1.1$ billion worth of stakes at Nintendo
- Thread starter Agnostic2020
- Start date
- Business
We don't need more pachinko or another Konami
Strife In a Teacup
Member
Kagoshima_Luke
Gold Member
We need Iwata back.
JimboJones
Member
It sounds like Nintendo is pretty happy with it so hopefully they know what there doing and continue with there own style, I don't really like the Activision and EA comparisons, blech, i'd take shitty Nintendo online for another 20 years to stop them ending up like them.
MORJDK
Banned
What is this shitpost? Cant you just be normal?Maybe they can convince Nintendo to make games for adults
Shaqazooloo
Member
Fire Emblem Heroes is actually pretty good and Mario Kart Tour is meh but I wouldn't call it trash..
newtypepilot
Member
MOAR LOOTBOXES!!
GeorgPrime
Banned
I would say they can try t o push their agenda but they have still have to convince a majority
GeorgPrime
Banned
Fire Emblem Lootboxes, boring mobile Animal Crossing,....
Spukc
always chasing the next thrill
Starlight Lotice
Member
$1.1 Billion shares?
Have they not SEEN how much money Nintendo makes and possess in their War Chest?
$1.1 billion to Nintendo is like buying a Candy Bar at the store. These fools are ants if they think $1.1 billion is enough to buy enough Nintendo shares to have any influence.
Especially when someone like EA could easily outbid them 100 fold despite being a crappier Company.
Have they not SEEN how much money Nintendo makes and possess in their War Chest?
$1.1 billion to Nintendo is like buying a Candy Bar at the store. These fools are ants if they think $1.1 billion is enough to buy enough Nintendo shares to have any influence.
Especially when someone like EA could easily outbid them 100 fold despite being a crappier Company.
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Zannegan
Member
My immediate, gut reaction to this news was, "Aw shit."
Nintendo, for all their flaws, are wildcards that make the industry fun to watch. They are the least corporate of the three in all the best and all the worst ways. I am extremely suspect of any outside influence, especially in the days of GaaS, where fully-priced games from EA and similarly corporate-minded publishers release with AAA graphics but phone-game levels of depth... and phone-game monetization strategies too.
That said, if we can take ValueAct at their word, and their goal with their investment stake is to increase Nintendo's value to increase the value of their own investment, and their strategy for doing this is just through prodding Nintendo in the direction of offering better, more logical digital services... then I am tentatively not pessimistic.
Best-case scenario, they convince Nintendo to make all eshop purchases forward-compatible, and to restart the Virtual Console initiative (or something similar) selling their old games on consoles, PC, and mobile clients. Worst case, they successfully push Nintendo's non-phone software development towards GaaS, make a short-term killing, and kill the golden goose in the long run.
Trying to stay positive, but that mention of Activision and EA as examples of what a gaming company should be doing, financially, is terrifying.
Nintendo, for all their flaws, are wildcards that make the industry fun to watch. They are the least corporate of the three in all the best and all the worst ways. I am extremely suspect of any outside influence, especially in the days of GaaS, where fully-priced games from EA and similarly corporate-minded publishers release with AAA graphics but phone-game levels of depth... and phone-game monetization strategies too.
That said, if we can take ValueAct at their word, and their goal with their investment stake is to increase Nintendo's value to increase the value of their own investment, and their strategy for doing this is just through prodding Nintendo in the direction of offering better, more logical digital services... then I am tentatively not pessimistic.
Best-case scenario, they convince Nintendo to make all eshop purchases forward-compatible, and to restart the Virtual Console initiative (or something similar) selling their old games on consoles, PC, and mobile clients. Worst case, they successfully push Nintendo's non-phone software development towards GaaS, make a short-term killing, and kill the golden goose in the long run.
Trying to stay positive, but that mention of Activision and EA as examples of what a gaming company should be doing, financially, is terrifying.
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Hendrick's
If only my penis was as big as my GamerScore!
Do a little homework. This fund is known for using their investment to force their way on the board and they have in the past been able to greatly affect corporations. They even were able to mess with Microsoft.
GeorgPrime
Banned
Nintendo with a service like PSN would be godlike
VGEsoterica
Member
translation - "let me buy a decent stake in this company, make it do what I want, wrench as much profit as I can out while destroying what it stands for, and bail out with my cash on the brink of ruining it"
Mr Nash
square pies = communism
If they get someone on the board, they don't need majority ownership, they'll still have a lot of say in the very least being able to cockblock stuff by voting it down. Depends on the conditions of the buy-in, though.
hyperbertha
Member
I'm gonna buy a share and pressure them into putting all of there resources into kirby.
deriks
4-Time GIF/Meme God
I guess not.
I mean, those are the people who push stuff, because they pay the stuff. Usually they don't use that much money, but yeah...
Let's hope that this is to have freedom of movies and series, not touching in the games itself
EverydayBeast
thinks Halo Infinite is a new graphical benchmark
I’ve always recommended Nintendo invest in graphics.
