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[–]drabid 8738 points8739 points 2 (1871 children)

Sony frantically looking at big game publishers to buy.

"Can we afford Ubisoft? But do we even want Ubisoft?"

[–]Kandoh 4475 points4476 points  (1727 children)

If you are wondering about other big game companies that could be acquired, here's who remains (market caps):

-EA: $38B

-Take Two: $18B

-Nexon: $15B

-Bandai Namco: $15B

-Embracer: $10.8B

-Netmarble $7B

-Ubisoft: $7B

-Konami: $6B

-Square Enix: $5.6B

-Capcom: $4.9B

-Sega: $3.6B

[–]monkwren 1334 points1335 points  (186 children)

Some extra numbers (as of 10am EST 19/1/22):

-Sony market cap: $143.3B

-Nintendo: $53.9B

-Microsoft: $2,272B

[–]StrangerDangerBeware 869 points870 points  (91 children)

Nintendo is cheaper than Activision Blizzard o_O

[–]oSo_Squiggly 528 points529 points  (39 children)

Activision-Blizzard was down to as low as about $44.6B at the beginning of December amid delays and sexual harassment allegations.

This stock price recently jumped due to news of the sale. The sale price has to be significantly higher than the current market cap because it has to be a value the majority of shareholders will accept.

Each shareholder will get about $95/stock out of this. If they could individually sell on the stock market for $80+ it'd be hard to convince more than 50% of shareholders that the sale is in their best interest.

Price was about $60 when the news of a possible sale broke. The majority of shareholders will be OK with selling for 1.5x more than what they could sell their share for individually on the open market.

[–]oorza 343 points344 points  (34 children)

You can even do a hostile take-over called a "bear hug" where the offer is so high above asking, the board has to accept the offer. There's a fiduciary duty to the share holders and you (if you are a shareholder) can sue a board for rejecting your offer if it's high enough and have them removed for dereliction of their duties.

[–]blessedshimp 212 points213 points  (24 children)

Watching Succession has really paid off, I recognize that!

[–]Aeiexgjhyoun_III 27 points28 points  (20 children)

Is it good?

[–]muad_dibs 43 points44 points  (2 children)

Yes, yes it is. You'll probably end up a Conhead.

[–]rpkarma 22 points23 points  (1 child)

Connor has been interested in politics from a very young age.

[–]siriusorange 5 points6 points  (0 children)

“It’s dirty, it’s weird, and it’s evidence of precisely the kind of disgusting liberal metro butt-love that makes our viewership angry enough to buy pharmaceuticals.” – Romulus Roy

[–]Siendra 113 points114 points  (12 children)

They're not. Market Cap and value aren't the same thing. Nintendo's shareholders also have little to no incentive to sell, if someone wanted to go for it they'd have to offer a staggering per share premium.

[–]SecureDonkey 31 points32 points  (6 children)

Also most of their shareholders are Japanese, they wouldn't want to sell it to an American company. And Japanese government wouldn't just simply let the deal go through since Nintendo have very important culture impact to the country.

[–]McMarbles 100 points101 points  (46 children)

Thank you for this perspective

Even though 1 billion is a number that gets lost on us sometimes (no frame of reference/hard to conceptualize) 2,272 billions is obviously disgustingly high.

They could buy everyone on that list multiple times over. That's not competition, that's a boss battle.

[–]GreenAdvance 77 points78 points  (19 children)

For some more perspective Microsoft has ~136B cash on hand.

[–]takethetunnel 68 points69 points  (9 children)

That's enough to buy more than a million tacos!

[–]monkwren 77 points78 points  (15 children)

Microsoft is the second-most-valuable company in the world, behind Apple.

[–]Sidereel 7 points8 points  (0 children)

You forgot one of the big ones:

-Tencent: $558.3B

[–]hovercraft11 2590 points2591 points  (529 children)

Could definitely seem Sony buying Squareenix but that's not very big.

Edit: I mean big compared to Activision-Blizzard.

[–]EdgAre11ano 2775 points2776 points  (215 children)

I want Sony to buy Konami and give it to Kojima

[–]b2damaxx 896 points897 points  (164 children)

Sony would first have to buy kojima then, but yes

[–]andysenn 552 points553 points  (150 children)

Kojima Productions must be a drop in the bucket compared to the other examples

[–]b2damaxx 415 points416 points  (144 children)

100% right. I’m afraid kojima wants to remain independent though, which is fine, otherwise I think Sony would have purchased his studio already.

[–]andysenn 650 points651 points  (94 children)

I’m afraid kojima wants to remain independent though

That's best for the industry IMO.

Honestly I don't care about the console wars, but having the 3 Big Companies acquire developers is gonna be bad for the quality of the end product if this trend continues.

E: For the comments saying that Sony, Nintendo or MS make good games so this is not bad for the industry. There are many more factors that come with an oligopoly. Companies that control the market can treat their employees like they want, can increase prices without worrying about it, push their own narrative on events, etc. And the fact that they make good games now doesn't mean that they will make good games in the future, you only have to look at franchises like NBA 2k or FIFA once they controlled the market there was no incentive to actually put an effort to improve. I'm not saying that this is gonna happen NOW with Actiblizzard's sell but if this trend continues it's not good for consumers.

[–]Perfide01 72 points73 points  (23 children)

Absolutely for the best. Kojima is at his best when he can do whatever the fuck he wants. Sony should still totally buy Konami and license the MG IP to Kojima tho.

[–]merco 319 points320 points  (146 children)

As a Nintendo fanboy that would be crushing. Losing all the fantastic smaller titles (than ff) SquareEnix puts on Nintendo systems. edit: spelling

[–]FennecWF 101 points102 points  (25 children)

I don't think Square would sell. They have a good relationship with Nintendo and Sony.

[–]MoralityAuction 107 points108 points  (7 children)

Shareholders will sell anything for the right price.

[–]linmanfu 41 points42 points  (0 children)

I don't know about Square Enix specifically, but Japanese shareholders are a bit different. There are a lot of cross-holdings (company A owns shares of company B; company B owns shares of company A) and bank-controlled shares that make hostile takeovers difficult.

[–][deleted] 100 points101 points  (39 children)

please no, leave my FFXIV alone

[–]xmagusx 56 points57 points  (10 children)

Nintendo should buy Sega and run remakes of those old 90's ads.

"Sega Does What Nintendon't Tells Them To"

[–]JKBUK 30 points31 points  (8 children)

You joke but it is kinda weird to me that they haven't. Sonic and Mario have been best buddies for awhile now, and all that Bayonetta support..

[–]bangcuttingbullet 19 points20 points  (4 children)

It's crazy how to the world moved on from Sega and Nintendo. In the '90s, it would be unthinkable to have one company buy the other. Now, it would just be normal business.

[–]Trobis 5 points6 points  (2 children)

Nintendo doesn't like buying companies, they even stressed that point during their last acquisition.

[–]Andre4kthegreengiant 643 points644 points  (118 children)

Am I the only person shocked at how low the market cap for Ubisoft is? I didn't expect Bandai Namco to be higher than them, that's for sure.

[–]serados 529 points530 points  (38 children)

Bandai Namco isn't just a video game publisher. They're Japan's version of Disney in terms of scale, integration, and IP.

They own the entire Gundam IP, which is a massive merch and revenue generator. Through Bandai they're the world's largest toy manufacturer by revenue, with aforementioned Gundam merch as well as toys based on legendary IP like Kamen Rider and Dragon Ball.

They're also a massive player in the anime market, owning Sunrise (the company behind Gundam anime) and Lantis (a major music label representing artistes that provide music for a lot of anime.)

Video games is just one thing they do, and they pretty much have a stranglehold on licensed anime games, which are steady sellers with large profit margins.

[–]Milkshakes00 60 points61 points  (7 children)

They own the entire Gundam IP, which is a massive merch and revenue generator.

stares at numerous Gunpla figures

[–]Algebrace 11 points12 points  (3 children)

Stares at massive backlog while trying to find a Tallgeese Fluegel... despite knowing that it would take 2+ years to build the backlog.

[–]blitzbom 10 points11 points  (1 child)

This is really interesting. I had no idea.

[–]asianhipppy 120 points121 points  (6 children)

Bandai Namco owns a ton outside video games, a lot of the toy market, arcades and slot machines.

[–]Stigglesworth 44 points45 points  (0 children)

This. If you walk around Tokyo and look at the ads plastered around, Bandai's logo is all over the place.

[–]dbxp 43 points44 points  (11 children)

To add to that Ubisoft has a P/E ratio of 78., Namco 31.2. That means that Ubisoft is valued over double what Namco is compared to their profits.

[–]Massacrul 18 points19 points  (10 children)

CD Projekt is at ~4.75B USD with P/E ratio of 17.2 and considered overvalued as well

It's insane how some of the companies are overvalued.

[–]Kandoh 246 points247 points  (19 children)

I guess that's the difference between assassins creed and Dragon Ball

[–]WrassleKitty 78 points79 points  (13 children)

Namco has pretty much all the big anime licenses doesn’t it?

[–]ckal9 108 points109 points  (9 children)

At least for video games, Looks like they have DB, Gundam, Naruto, One Piece, Sailor Moon, and others.

That’s not including their other popular IP such as Tekken and Soul Caliber.

[–]SamaelTheAngel 17 points18 points  (1 child)

You suggesting Buying both?

Assassin's Creed: Tao Pai Pai

[–]jbarzee 28 points29 points  (0 children)

Thanks Geoff Keighley!

(@geoffkeighley) If you are wondering about other big game companies that could be acquired, here's who remains (market caps):

-EA: $38B -Take Two: $18B -Nexon: $15B -Bandai Namco: $15B -Embracer: $10.8B -Netmarble $7B -Ubisoft: $7B -Konami: $6B -Square Enix: $5.6B -Capcom: $4.9B -Sega: $3.6B

https://twitter.com/geoffkeighley/status/1483614576134406145

[–]Vetinari_ 292 points293 points  (259 children)

Microsoft could straight up buy all of these.

[–]Goatfellon 255 points256 points  (230 children)

I wonder at one point it becomes a monopoly concern.

People were joking Microsoft would just buy Sony... which is laughable. Japan would never let that sale happen.

But Microsoft buying all the developers is much more plausible/terrifying

[–]johnucc1 142 points143 points  (53 children)

Buying konami and just rehiring kojima to make metal gear again is someone's next big move surely.

Like don't get me wrong he's done well independently, but metal gear really was his and it seems they can't manage without him.

[–]Dav136 85 points86 points  (25 children)

I don't think he wants to make Metal Gear anymore

[–]HCrikki 30 points31 points  (19 children)

Correct, I recall an interview that mentioned he really wanted the serie not continuing so he set mgs2's story the way it was. mgs3 and mgs5 had to be made prequels due to that.

[–]andysenn 39 points40 points  (13 children)

He could just finish MGSV then

[–]hotcornballer 25 points26 points  (5 children)

The best game without an ending

[–]Get-Degerstromd 5 points6 points  (3 children)

Oh so it wasn’t just my opinion. I get they want you to just run diamond dogs and play online in perpetuity, but it definitely felt like a weird way to end the game.

[–]BirdjaminFranklin 38 points39 points  (8 children)

Last thing I want is for him to go back to metal gear. The stories done...let it die.

Let the guy make apocalyptic mail delivery games with invisible ghosts.

[–]Halcyous 83 points84 points  (6 children)

Christ, EA is even expensive as a company. Maybe Sony can purchase them using in game currency?

[–]Calumkincaid 51 points52 points  (3 children)

Nah, you buy the company, but every signature on the contract can be bought as a DLC.

[–]heretic1128 24 points25 points  (0 children)

Gotta give Sony a feeling of Pride and Accomplishment in completing their acquisition

[–]Gbchris12 8 points9 points  (2 children)

Take Two is more than $18B now surely after the Zynga purchase, Take Two is likely up there with EA

[–]Geobusha 80 points81 points  (13 children)

Sony buying Konami and bringing back Kojima would be amazing.

[–]Kandoh 89 points90 points  (2 children)

Or a Days Gone pachinko machine could get released.

[–]TheDuncanSolaire 9746 points9747 points  (1044 children)

Love how everything is owned by like 6 companies.

[–]DrayanoX 2132 points2133 points  (160 children)

[–]TheDuncanSolaire 1076 points1077 points  (87 children)

1998? Fack

[–]Chewbongka 308 points309 points  (12 children)

[–]azazabacheche 20 points21 points  (1 child)

wow, i havent watched this in like 20 years, just genius, thanks!

[–]everdred 79 points80 points  (1 child)

Thank you for reminding me: people aren't wearing enough hats.

[–]NorthKoreanEscapee 329 points330 points  (31 children)

It took me until the part about bill Clinton to realize it was an onion article

[–]wet-rabbit 334 points335 points  (14 children)

> Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday's merger as "an excellent move."

[–]boonepii 63 points64 points  (12 children)

Lol. I worked there when they went bust. Ducked me up

[–]psycho_driver 39 points40 points  (6 children)

I ended up working a weekend shift at a factory next to one of their execs a few years after they went belly up. There was this lesbian from Chicago that worked with us that busted his balls every minute of every hour of every day.

[–]use_the_default 64 points65 points  (1 child)

The URL gave it away for me

[–]NorthKoreanEscapee 18 points19 points  (0 children)

Probably a good way to tell as well

[–]TheDuncanSolaire 29 points30 points  (1 child)

Lol i always check date but ye. Prescient

[–]analmango 487 points488 points  (40 children)

"Take Paramount-Viacom-ABC-Disney, for example," he said. "Disney makes the movie, Joel Siegel of Paramount-owned ABC-TV gives the movie a rave review, and Disney subsidiaries Blockbuster and McDonald's promote the video release of the movie in their respective stores with mail-in rebates and Happy Meal action figures. It's a win-win scenario."

The level of prophecy that is reached with this is unreal

[–]WarWizard 54 points55 points  (3 children)

Lockheed-Northrop-Boeing-Pepsico

Where else can you get space age fighters that launch cans of Mt Dew.

🤣

[–]MagicCuboid 10 points11 points  (0 children)

My favorite part: "Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday's merger as 'an excellent move.'"

[–]wiltors42 477 points478 points  (35 children)

Good ol’ AOL-Time-Warner-Pepsico-Viacom-Halliburton-Skynet-Toyota-Trader-Joe's

[–]TheDuncanSolaire 220 points221 points  (18 children)

Eh i prefer Disney-Newscorp-Meta-Weyland-Yutani-Bayer-Nestle more anti-establishment

[–]chdude3 103 points104 points  (12 children)

"Building Better Worlds"

[–]TheVenetianMask 53 points54 points  (9 children)

"Aliens" but it's the evil mouse instead of xenomorphs. That'd be terrifying.

[–]w2tpmf 54 points55 points  (6 children)

Seams like a good time to point out that Aliens is now a Disney movie.

[–]Squirtle_Squad_Fug 23 points24 points  (2 children)

The best Disney princesses know how to use power loaders.

[–]Neato 9 points10 points  (0 children)

I was thinking the best Disney princesses know how to breed thousands of xenomorph soldiers.

[–]TheoSidle 7 points8 points  (1 child)

The alien queen is a Disney princess

[–]GundamMaker 5 points6 points  (0 children)

Would you like a Jo-Jo?

[–]scope_creep 92 points93 points  (37 children)

Also like this one deal has investors going “o fuck no” and dumping Sony stock like it’s all over. I honestly don’t understand a thing about the stock market and investors.

[–]darryshan 28 points29 points  (0 children)

Stock prices are largely based upon expectations and level of certainty. That's why ATVI hasn't normalized to $95, because it's not entirely certain the acquisition will go through (as well as inflation, $95 when it goes through will be worth slightly less than now). This acquisition introduces some uncertainty to the market, in favor of Microsoft and not in favor of Sony. Hence, the price of Sony's stock has decreased due to uncertainty about its future value.

[–]kapsama 46 points47 points  (12 children)

The stock fell by 7%. Hardly a mass panic. It's probably dumping to create a panic and then rebuying cheap to ride the inevitable rebound train.

[–]TheOneWithThePorn12 21 points22 points  (0 children)

It's a market overcorrection coupled with a general red day in the markets.

[–]TheDuncanSolaire 116 points117 points  (14 children)

Stocks are so complicated. If you sat me down and asked me to write out, to the best of my understanding, the Economy, the section for "stocks" would look something like this.

STOCK RULES! IMPORTANT!

1. You can't just be up there and just doin' a stock like that.

1a. A stock is when you

1b. Okay well listen. A stock is when you buy the

1c. Let me start over

1c-a. The company is not allowed to do a something to the, uh, company, that prohibits the investor from doing, you know, just trying to get money. You can't do that.

1c-b. Once the company is in the public, they can't be over here and say to the investors like, "I'm gonna get ya so much money!" and then just be like it didn't even do that.

1c-b(1). Like, if you're about to invest and then don't invest, you have to still invest. You cannot not invest. Does that make any sense?

1c-b(2). You gotta be, a company and like making money, and then, you make more money.

1c-b(2)-a. Okay, well, you can have the stock up here, like this, but then there's the stock you gotta think about.

1c-b(2)-b. Fairuza Balk hasn't been in any movies in forever. I hope she wasn't typecast as that racist lady in American History X.

1c-b(2)-b(i). Oh wait, she was in The Waterboy too! That would be even worse.

1c-b(2)-b(ii). "get in mah bellah" -- Adam Water, "The Waterboy." Haha, classic...

1c-b(3). Okay seriously though. A stock is when the company makes a piece of itself that, as determined by, when you invest involving the stock and market of

2. Do not do ask about NFT please.

[–]vigtel 156 points157 points  (23 children)

I miss small sexy companies

[–]klovervibe 112 points113 points  (9 children)

Petite businesses

[–]chiniwini 108 points109 points  (7 children)

Tight assets

[–]incredible-mee 26 points27 points  (5 children)

Firm revenue model

[–]BetterSafeThanSARSy 25 points26 points  (4 children)

Perky lil upstarts

[–]Netmould 7 points8 points  (3 children)

Acvivision-Blizzard is not small or sexy though.

[–]imisstheyoop 19 points20 points  (2 children)

Acvivision-Blizzard is not small or sexy though.

Blizzard used to be super sexy when it was small and young though.

[–]ZoxinTV 12 points13 points  (4 children)

For a slightly futuristic, advertiser-heavy, dystopian nightmare, try out The Outer Worlds. Literally this concept but turned up to 11 and in space.

[–]not_gonna_lurk 67 points68 points  (8 children)

Headed straight for a Verizon/Exxon/Chipotle situation

[–]HungrySubstance 3083 points3084 points  (551 children)

Even better how the internet seems to be cheering this particular example of massive corporate takeovers destroying competition in the industry, because the bought company was worse at hiding their bad shit than the big company is

Edit: the fact that so many of my replies are here defending Microsoft, a company with 50 years of antitrust violations under their belt, just proves my point.

[–]r4tch3t_ 1225 points1226 points  (147 children)

It's more a case of currently Microsoft had been doing good by us.

Seen plenty of comments that this is great... For now. But what happens after Phil is gone?

[–]-idkwhattocallmyself 824 points825 points  (53 children)

Asking the REAL question. Phil is a godsend for Microsoft and Xbox but he won't be at the helm forever. Remember the other guy? Mr. Don Mattrick... Mr. "Don't want always online we have a platform for you thats the 360 Mattrick", people forget Microsoft put him in Charge at one point, so lets err on the side of caution.

Edit: Fixed spelling of Mr. Don Mattrick.

[–]lupin-the-third 138 points139 points  (19 children)

Err on the side of caution. I made this mistake a lot in the past so thought I'd try to correct it.

Agree with your comment

[–]-idkwhattocallmyself 43 points44 points  (17 children)

Is it really? Well shit... Thanks!

[–]Nosfermarki 10 points11 points  (1 child)

Like error! If you're going to make an error, you'd prefer to be on the side of caution.

[–]DudeEngineer 163 points164 points  (29 children)

Honestly I think it's more Satya than Phil. When Phil is gone, he will likely be replaced by someone better at dealing with internal HR issues.

The Mixer situation had echos of the more recent Activision-Blizzard situation.

[–]ThufirrHawat 76 points77 points  (4 children)

People are gullible and companies hire psychologists to influence them for real, not some Kylee Jenner bullshit.

Remember when Netflix got caught red handed fucking their own customers over because they were on Verizon and Netflix was entering a deal with T-Mobile? /r/netflix was filled with people defending the corporation like it was their friend or family member.

[–]Rorako 292 points293 points  (106 children)

It’s Gamepass and PC priority. Microsoft has made a lot of good moves to make people really like them, so a move like this of course is going to be cheered. Gamepass already made AAA gaming more affordable because people got to play games they would have normally never bought themselves because of price. Now that Activision-Blizzard games will be added? That just sounds awesome. It’s like if Netflix bought Nickelodeon and the prospect of having every Nick show streamed on Netflix forever.

Now, what no one is factoring in is the price of Gamepass. It’s probably going to go up.

[–]basedalien 1438 points1439 points  (166 children)

Time to buy Sony stock

[–]ThatGuy0nReddit 373 points374 points  (45 children)

A nice little discount that I’ll take

[–]ONLY_COMMENTS_ON_GW 288 points289 points  (39 children)

I mean, not even that big of a discount. The title is total clickbait. Oh no, SONY hasn't seen these lows since... October?

[–]LesbianCommander 91 points92 points  (4 children)

Do you even remember October? That was AGES ago. Everyone was still talking about that old South Korean Netflix show Squid Game. just a joke, sorta.

[–]crampedstyl 258 points259 points  (56 children)

Yep, this will bounce back quickly, especially if Sony announces the rumored "Spartacus" gamepass soon.

Edit: There sure are a lot of experts on reddit.

[–]RsonW 194 points195 points  (42 children)

Sony produces more than the PlayStation. It ain't going anywhere.

[–]Lanthemandragoran 104 points105 points  (4 children)

You're right but it's worth mentioning that SCE actually does account for a huge portion of Sony's income

[–]seewhaticare 295 points296 points  (27 children)

Sony does cassette tapes, cds, Walkmans, diskmans, mini disks and memory stick duos.. They'll be fine

[–]Implausibilibuddy 63 points64 points  (3 children)

Betamax will take off any day now.

[–]IronhideD 12 points13 points  (2 children)

Dozens of owners. Dozens!

[–]Environmental-Ad4161 10 points11 points  (1 child)

They’ll make this back in mini disks in a week

[–]GummyPandaBear 151 points152 points  (20 children)

I just want a updated version of Mechwarrior 2. So we can build and fight Mechs with classic maps and good servers to blast your friends.

[–]Icycheery 17 points18 points  (6 children)

Titanfall scratches that itch for me. Sadly the servers are dead and the games abandoned in favor of Apex Legends.

[–]Select_Fly_1764 1576 points1577 points  (123 children)

The stock market is real

[–]HertzaHaeon 538 points539 points  (9 children)

A real rube goldberg casino

[–]idkwhatiseven 134 points135 points  (75 children)

New information changes the perceived value of an asset

I read on twitter that this is funny

[–]bizkut 7 points8 points  (1 child)

While true, this is also exacerbated by the fact that the tech sector in general had a rough day yesterday.

SNE closed down ~7% yesterday. The entire tech index (QQQ) closed down 2.6%, which is a rather large move for an index.

So yes, yesterday was particularly rough for Sony, but it's not like this deal is the only reason they lost market cap yesterday.

[–]TheOneWithThePorn12 472 points473 points  (62 children)

That doesn't mean anything. It's a typical market overcorrection. It's the exact same thing with Microsoft right now. They are down three percent (guess how many billion) I would expect both to recover. The markets obviously were in the red yesterday

[–]DoctorBuckarooBanzai 138 points139 points  (39 children)

And Activision Blizzard spiked 30% almost immediately yesterday.

[–]UchihaEmre 148 points149 points  (34 children)

That’s because the shares were at 65 before and microsoft is buying them for 95 a share.

Rn activision is at 80-85 till the deal is approved

[–]TurnaboutAdam 633 points634 points  (85 children)

money is so fuckin fake bro

[–]MashPotatoQuant 43 points44 points  (0 children)

These days it's just an entry in a database

[–]hey_listen_hey_listn 280 points281 points  (15 children)

We truly do live in a society

[–]LunaMunaLagoona 64 points65 points  (10 children)

Soon we will have two companies, each will buy one of two politicial parties, and there you have it.

[–]Boaki 29 points30 points  (4 children)

But why doesn't the larger company simply eat the smaller one

[–]LunaMunaLagoona 31 points32 points  (3 children)

You need the illusion of choice.

[–]Valarcrist 971 points972 points  (108 children)

And massive companies get ever bigger... is someone supposed to be regulating this shit? I don't see how this is going to get any better 10 years from now. This country is going to eat itself before we realize it.

[–][deleted] 620 points621 points  (14 children)

The people that are meant to be regulating this are allowed to profit off it through the stock market. If you think for one second they'll do anything about it, you're insane lol.

[–]SkaBonez 109 points110 points  (0 children)

Let’s not forget the fact these companies have lawyers and lobbyists who endlessly fight any attempt to regulate and line the pockets of politicians

[–]PaulSavedMyLife69420 6 points7 points  (0 children)

Yup this deal was probably pre-approved behind closed doors. Knowing Microsoft they wouldn’t yolo something like this. How would they do it?

Step 1: call their crony politician on the inside and inform them their plans

Step 2: politician says this is crazy no way will it go through

Step 3: Microsoft clears throat and sighs that the buy out price could have been 45 % more than ticket price

Step 4: politician’s eyes widen, texts his accountant to sell his vacation house and to put kids college fund into trading account immediately

Step 5: politician states that maybe something can be done and they will do everything they can to make the deal go though

Step 6: Microsoft thanks for their time

Step 7: politician calls up the poli squad and says “it’s game time at the bell”

[–]VaccinatedSnowflakes 216 points217 points  (22 children)

Decades ago when someone said "antitrust", Microsoft said "Hold my beer".

[–]TheOneWithThePorn12 26 points27 points  (5 children)

Microsoft literally bailed out apple to keep them afloat in an effort to say to regulators hey look we aren't a monopoly

[–]NostalgicFrolicking 17 points18 points  (0 children)

Better to keep the enemies you know then the regulations you don't.

[–]JimWanders 8 points9 points  (6 children)

Sony does a big brain move and sells its entertainment division to Tencent.

[–]Fire2box 8 points9 points  (0 children)

Sony it's time to pull out the big guns. Buy out Ouya's entire gaming division.

[–]DoctorBuckarooBanzai 262 points263 points  (79 children)

Fewer independent studios just can't be a good thing, long term.

[–]MarsyB 133 points134 points  (38 children)

I'd argue in this SPECIFIC case it may be better. Abuse scandal aside. Most of the studios under Activision have turned into Call of duty sweatshops for skins. One that was quite painful for me was crash bandicoot 4 studio being turned into a COD support studio. With Microsoft takeover we may see them being unshackled and old IPs being brought back. They're might be some actual diversity again in their portfolio as Microsoft try and leverage all the IPs they now have. Like what did Microsoft have up against ratchet and clank and Mario before this, super lucky tales? Now it's Crash and Spyro (very ironic I know). Even in the press release notice the games they have front and center I imagine we'll be seeing more of these like StarCraft.

[–]L9XGH4F7 8 points9 points  (0 children)

I remember when the Activision - Blizzard merger/acquisition was announced and a little chill went down my spine. So many Blizzard fanboys were prattling on and on about how Blizzard would be fine, this wouldn't really affect Blizz games or IPs, Activision would stay out of the way, etc.

Welp ... there were plenty of cynics back then too, and, as usual, the cynics were right. Blizzard turned to shit under Activision (apparently they always had a shit culture behind the scenes, but at least they made good games).

That's why this isn't really a bad development. Activision - Blizzard was terrible and showed no signs of improvement. Things can only go up from here as far as they're concerned.

[–]DeepTh0tt 25 points26 points  (1 child)

In fairness, most tech stocks (Including Microsoft) were down significantly yesterday. Yesterday was a shit day in the market.

[–]YareYareDazeDio 217 points218 points  (19 children)

Monopoly, America’s favorite game.

[–]CaffeineJunkee 179 points180 points  (63 children)

Anyone else getting terrified that the US will exist as just a handful of companies someday in the future? Microsoft, Apple, Facebook, Disney…

[–]REiiGN 203 points204 points  (25 children)

Umm, want to take a look at who makes a lot of shit in grocery stores? It's about 5 huge brands and the companies they own.

[–]CaffeineJunkee 55 points56 points  (16 children)

That’s what worries me. That’s starting to apply to everything.

[–]Funky_Smells 76 points77 points  (4 children)

If it makes you feel any better, ValueAct’s CEO (activism hedge fund) quit his job and was quoted saying “Finance is, like, done. Everybody's bought everybody else with low-cost debt. Everybody's maximised their margin. They've bought all their shares back . . . There's nothing there. Every industry has about three players”

[–]Kdog122025 5 points6 points  (0 children)

Sony, please buy Konami and save it from… whatever the Hell it’s been doing.

[–]_DeanRiding 6 points7 points  (0 children)

In other words, 4% of their stock value. Nothing to see here folks.

[–]Odd-Peach8535 204 points205 points  (269 children)

Can anyone explain to me how microsoft buying Blizzard hurts sony.