they were in financial trouble and trying to sell some assets to reduce their massive debt. i don't see why tencent would want to sell their assets.
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Brad Sams: ''There's a lot of money flowing around gaming companies right now, several getting multiple bids''
- Thread starter Jimmy1984
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Dude they literally bought the company a couple of weeks ago lol
With Gamepass and how much they are spending on acquisitions it seems they don't care. Xbox is getting support from the MS top executives like never before. They treat it like an long term investement for the cloud future which MS as a whole is pushing.
Brad Sams only covers MS business. For him to have any sort of insight into any of this it would have to be coming from sources he has covering MS. Its not that complicated. Is it speculation, sure. But it is generally informed speculation.
Yeah, i think with an end in sight for dedicated hardware (for the masses) in the long run (10 years?) , and how streaming is won with original content,
i asume that a lot of them realized that they need to start investing in studios to a) buy the ips they already have and b) have studios that they can count on to produce exclusive content for their platforms (and licence out to other platform holder?)
Microsoft started it in the last years, but they also are the ones that are pushin the most for a streaming service. Sony is next, and nintendo i asume will start buying studios simply cause they dont want to be caught in a situation where sony or ms buys studios like NLG, that produced for nintendo?
i asume that a lot of them realized that they need to start investing in studios to a) buy the ips they already have and b) have studios that they can count on to produce exclusive content for their platforms (and licence out to other platform holder?)
Microsoft started it in the last years, but they also are the ones that are pushin the most for a streaming service. Sony is next, and nintendo i asume will start buying studios simply cause they dont want to be caught in a situation where sony or ms buys studios like NLG, that produced for nintendo?
They bought the company that owns them, doesn't mean they wouldn't be willing to part with SD for the right price.
EDIT: or wait, did they purchase them directly?
Embracer Group also seem to be regularly tossing money around for different IPs and such. Didn't they recently table a few billion for further acquisitions?
I definitely agree this is what it's about.
Depending on how serious these companies are in entering into the video game industry to try and add value to their existing ecosystems and develop streaming platforms, Microsoft, Google, Apple, and Amazon seem like the obvious players and the companies which could justify massive acquisition deals while also having the infrastructure to develop streaming platforms and use it as a channel to support the rest of their business.
Why not specify it on the tweet than?
Why just make it so vague with a "might or might not happen" type of tweet?
Also the tweet seems to talk on plural.
Look at his Twitter. The last month is literally: Teams, One Drive, Azure, Power Shell, Windows, Xbox, Game Pass, Office 365, Surface, Flight Simulator, Microsoft ARM chips, etc.
The plurality of the tweet is in reference to multiple companies being bidded on, not multiple companies putting out bids for gaming companies.
Companies expect streaming to broaden the AAA market exponentially, and content is king.
Microsoft has been ahead of the game on this expansion, Phil saw the opportunity and Satya signed off on it.
Great leadership.
Microsoft has been ahead of the game on this expansion, Phil saw the opportunity and Satya signed off on it.
Great leadership.
Is Tencent's total acquisitions even equal to MS's purchase of Zenimax? And that's not even getting into all of the other studios MS has relatively recently purchased.
If Microsoft wants to throw money around to get games onto GamePass day 1, by all means, please do so. No more acquisitions tho :( ** You could argue that Microsoft needed to do something about their first party situation, as they had not accomplished enough organically. But after Zenimax/Bethesda's acquisition, along with Double Fine, Ninja Theory, Playground, Obsidion, inXile etc (this is already a long list), do they need to keep going?
It's annoying enough seeing Sony lock down countless titles as year + exclusives. This all feels like it's just going to keep escalating
** Edit: Unless of course a studio is really looking to be bought. Can't really be too upset with that one.
Why not just Day 1 GamePass from here on out? Skip exclusivity.
It's annoying enough seeing Sony lock down countless titles as year + exclusives. This all feels like it's just going to keep escalating
** Edit: Unless of course a studio is really looking to be bought. Can't really be too upset with that one.
more day 1 gamepass games the better
Why not just Day 1 GamePass from here on out? Skip exclusivity.
Maybe I'm reading it incorrectly, but definitely the Twitter thread seems to be that multiple gaming companies are getting many different bids (i.e. multiple companies are bidding on numerous companies, with many of these bids overlapping i.e. for certain gaming companies they have received various offers from many different buyers).
Even if his contacts are primarily in Microsoft, if their offers need to be revised because of other companies are also bidding, it's possible he would have an awareness (I don't know much of his credibility or history, so this of course is also dependent on that).
fine with me
i actually prefer MS strat of just buying talent as opposed to sony paying to keep things off other platforms for a year
It is clear he is not talking about MS only but also google, amazon, facebook and apple.
Tencent owns 40% of Epic Games and all of Riot, among much, much more, such as 5% of Ubi.
In terms of dollars spent? Maybe not. In terms of value these days? Absolutely more.
I'm not going to argue over this, I'm going to take your word on it. I admit I don't follow him.
I just reading the tweet it did not appeard MS as opposed what the title said.
It was not my ittention to derail the thread btw.
They must be happy with flight sim and here I thought they had a 10 year contract with asobo for it. 🤷♂️
With regards to the tweet, he mentions IP being expensive. Bluepoint don't really have any IP as they focus on remakes/remasters.
That's true. I would love to see what Tim Schaffer could do without having to beg for money
I think everybody is trying to catch up to the two of the biggest gaming companies in the world (Tencent and Sony). I think I will look out for these two to do some damage since some other smaller players were more active in the past years.
Note: Tencent spent $8.5bn on Supercell and $1.5bn on Leyou.
Note: Tencent spent $8.5bn on Supercell and $1.5bn on Leyou.
tencent purchased supercell (clash of clans dev) for 8.6 billion dollars. that's a dev that most people here probably don't care about but they got money to spend.
Tencent spent 8.6 billion on Supercell
Not even including the fact that Tencent has major shares in Epic Games, Activision Blizzard and Ubisoft.
Now that you mention it I apologize, you are right, I thought multiple bids meant multiple companies bidding not MS bidding on multiple companies.
And yeah, bidding like that to me sounds like more than the regular talks companies have in the business and more like a concerned effort by MS to aggresively expand their first party.
Angie22 my previous reply to you was a misunderstanding on my part.
well.. Brad Sams is a Microsoft insider - he pretty much only talks MS related stuff (corporate including xbox)
Sony needs to buy square enix, to make up for Microsoft buying Bethesda
let's face it, there's a competition between companies now for buying other companies and Sony and Nintendo need to get more serious about it
Wonder when Sony buying the big Japanese power houses. SE and Capcom.
People will be trying to dig out of Sony has no games pile.
People will be trying to dig out of Sony has no games pile.
Several companies getting multiple bids means that there are several companies getting multiple bids. You can't read that as Microsoft is bidding on multiple companies. It doesn't say Microsoft getting ready with multiple bids (although they no doubt are). There are probably a lot of companies who will be throwing money around as the industry continues to consolidate.
he only reports MS news, yes
so MS is 100% involved in some way at least
.
As a fan of Square's output on Switch, I'd be fucking pissed.
As a fan of Square's output on Switch, I'd be fucking pissed.
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