So an acquisition of remedy will probably cost at least as much as insomniac if not more, yea safe to say it won't be happening until after they make a game together
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Sony paid $229 million, mainly in cash, to acquire Insomniac Games in November 2019
- Thread starter Kolx
- Start date
Insomniac has always felt like part of Sony to me so this is one acquisition that actually made me happy to see. And it would have been bad if anyone else bought them out instead as they have beloved ips Sony owns and we know they will give them the budget their games deserve. And I especially wouldn't trust anyone else to do Spider-man right, they understand movement feel so well.
I'm pretty sure all sides are pretty happy with this deal.
I'm pretty sure all sides are pretty happy with this deal.
They should have bought Insomniac since the PS2 era, they were always to me the equal to Naughty Dog.
Wiki:
Articles:
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Respawn Entertainment, the studio founded by Call of Duty co-creators Vince Zampella and Jason West, has registered a t…
www.eurogamer.net
Jason West and Vincent Zampella's new call of duty
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digg_url = 'http://www.joystiq.com/2010/04/12/respawn-entertainment/'; We learned on Friday that ousted Infinity Ward co-founders Jason West and Vince Zampella planned to have an announcement "very soon" concerning their "creative future" – and now, at 9am ET the following Monday, they've...
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EA to Acquire Respawn Entertainment | EA Press Room
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) announced today an agreement to acquire Respawn Entertainment, LLC, a leading independent game development studio and creators of AAA shooter and action games including the critically-acclaimed Titanfall™ franchise.
news.ea.com
In their press release for the Respawn acquisition.
OP
OP
In cash means not in stocks, not that they brought that money in bags.
falcom is too proud of it's independence to be bought by anyone, especially with the majority of shares being owned by the company itself and Kato
Seems like a good deal.
Ryan to the mere thought of buying a Japanese studio:
He wouldn't get one for free.
Ryan to the mere thought of buying a Japanese studio:
He wouldn't get one for free.
I think so, public ownership companies always get a boost when there's rumbling that someone wants to buy them.
That's much less than I thought it would be. A sequel to Spiderman can get most of if not all of the investment back.
Yes knowing Insomniac did not have very valuable IP, the payout is big but is logic, a good and very efficient studio.
Great deal. I'm sure their relationship was a big factor here. For a long time I assumed Insomniac was already a part of Sony.
Matt can you share some indicative figures of precedent transactions in order to have just a general idea more or less.
Well respawn had their own successful IP, insomniac ip included fuse and sunset. You basically purchasing talent and history when buying insomniac I think this makes sense
They probably just used the profit from spiderman to buy them , spiderman sold gangbusters
Oh damn, they actually are a publicly traded company. Didn't know that.
Spider-man PS4 is waaaaaaay too fucking important for Sony.
Insomniac and Spidey are a match made in heaven.
Sony losing Insomniac for any reason would be extremely detrimental (honestly, who else could Sony get to take over?).
In all likelihood, Spider-man 2 will probably easily pay off Insomniac price. Nevermind Ratchet and their experience in VR as well.
Insomniac and Spidey are a match made in heaven.
Sony losing Insomniac for any reason would be extremely detrimental (honestly, who else could Sony get to take over?).
In all likelihood, Spider-man 2 will probably easily pay off Insomniac price. Nevermind Ratchet and their experience in VR as well.
Not only that but you need to consider a premium for the shares + the net debt position. Defining a final price for a company is a very long process that is influenced by many many factors.
Yes and EA would have known about Apex and what comes after it. Sony purchased Insomniac to ensure that they continue to make Spiderman and develop the next Sony IP.
I am spamming Jimbo's mail with Kiseki OST, he will see the light of JP studios and listen to me one day!Seems like a good deal.
Ryan to the mere thought of buying a Japanese studio:
He wouldn't get one for free.
It surprised me as well when I first found out.
Thank you for correcting me, I really didn't know that there's a ton of factors to think about when buying a publicly owned company.
It seems like a studio's worth is directly tied to the IPs they own. Pedigree and size are part of it, but IP seems like the biggest factor.
So as of Nov 2019, Sony now owns all its legacy devs:
Insomniac (2019)
Naughty Dog (2001)
Sucker Punch (2011)
Bend (2000)
Guerilla Games (2005)
Insomniac (2019)
Naughty Dog (2001)
Sucker Punch (2011)
Bend (2000)
Guerilla Games (2005)
At first glance it might seem low, but we need to take into account that Insomniac didn't really have any big IPs and no games outside of the PS platform that have sold a lot. They tried to go multi platform but they found very limited success.
Respawn on the other hand, had a lot of multiplatform potential.
Respawn on the other hand, had a lot of multiplatform potential.
They clearly made a much stronger investment in influencer superstar Ninja.
Is that a better question?
You seem to have answered it in the same breath.
If you're making the point that they have different value to different publishers, and a higher value to Sony than to others, then I agree. That's the only value that matters for this transaction, though.
You ignore how relationships work. Who knows how things looked behind the scenes between Microsoft and Insomniac after Sunset Overdrive failed for them. Spider-Man had already sold over 13.2 million copies by July 2019. Insomniac leaving that behind would have been the biggest mistake they've ever made.