SE sold "Eidos Montreal/Crystal Dynamics" because they thought their games would cannibalize sales of the rest of the company (!?)
- Thread starter Raigor
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Were those the exact words or something like a Avengers-like bomb having a impact on their overall profit?
OP
OP
5 games releasing in a couple of weeks is fine.
1 EM/CD title every 3-4 years is too much
It's a very odd statement to parse. I can't really fully understand it either. My only interpretation is if they meant the capital allocation for the CDE games were eating into the content production account of their JP games, because they're always saying those games can't hit the targets they want.
Ahh yes, the well known: "Only buy 1 Square Enix game per year" principle. Makes perfect senseā¦
This is it.
They are saying running CD/Eidos cost too much and didn't generate enough of a return for that to make sense. SE thinks they can make better/more efficient use of that capital elsewhere.
I thought this was more interesting where they'd potentially sell part of their subsidaries/studios to 3rd parties (cough cough ahem cough)
View: https://twitter.com/gibbogame/status/1555397793451163648
View: https://twitter.com/gibbogame/status/1555397793451163648
This thread should be thread marked before this thread turns into something else
The thread is outlandish so it wouldn't surprise me if it isn't a mistake. Square is planning to sell stakes of its studios despite being entirely debt-free and having 1.4bn in cash
I also didn't help them that they released Avengers and GOTG back to back. Probably the final nail the coffin after the "underperforming sales" of Tomb Raider.
Making another Tomb Raider and Deus Ex? probably made SE nervous since those 2 would probably take 3 years min to complete.
Unless I'm missing something here the original tweet (the one the tweet in the OP is quoting) pretty clearly states that SE listed both sales cannibalization and selling to increase capital efficiency as reasons for the sale. Not sure why so many posts in this thread are speculating that it's a mistranslation and they meant the latter when two separate reasonsāefficiency includedāseem to have been brought up.
totally possible there's a miscommunication somewhere but the original tweet does mention two separate reasons
totally possible there's a miscommunication somewhere but the original tweet does mention two separate reasons
This has still less sense than the capital stuff. Only explanation is SE is smoothly getting their shareholders ready for what is coming, a sale of the full company, that bybthe way must be the publisher with bettee ROI over stock price in the world.
Their Results conference call, as noted by David Gibson, who's been regularly covering them for a while.
Is it just tradition at this point to make a thread for every Twitter head-canon about the SE/Eidos sale?
They're cutting the fat so Sony will buy them!
No no, the studios were too expensive to run and the games not successful enough!
No no, the games were TOO successful and cutting in to Final Fantasy's sales because that makes perfect sense!
No no, it's for no reason at all and SE are just incompetent!
The hate boner is real.
They're cutting the fat so Sony will buy them!
No no, the studios were too expensive to run and the games not successful enough!
No no, the games were TOO successful and cutting in to Final Fantasy's sales because that makes perfect sense!
No no, it's for no reason at all and SE are just incompetent!
The hate boner is real.
Yeah the OP could have clarified that instead of post tweets out of context
Nope
Looking to sell more rights of Western titles
I think that is what they are actually getting out, but the way in which they said it is poor
Please go ahead and sell everything western related you have, studios and IPs included, so we can get more games from those.
Biggest one I know is Life is Strange and its current developer
That is so small than reinforce the nonsense of being the basis of their "phase 2".
LiS releases have been steady and Outriders is new, plus just got a full expansion.
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