Support NeoGAF

[odhiex]

Personally, I never take any info from these "insiders" so seriously.

I mean they may not lie about what they have heard from their inside connections. But mostly, the information aren't true nor complete. So, it's good to fuel some speculation but never bet any money on their info.

Anyway, we already knew that the acquisition stories will continue, because Jimbo and Philly have already said they're not done yet lol.

 

[Ass of Can Whooping]

https://www.cnbc.com/2021/05/26/sony-strategic-investments-gaming-entertainment-subscriptions.html
Thats Sony Group investment budget over 3 years (and thats not just PlayStation thats Sony as a whole). 18 billion to 2024, stop posting rubbish for crying out loud.

I thought i told you to sit your ranky ass down? You haven't got a clue how this works to stop posting

$18 billion is purely their own cash, and isn't the only way to make an acquisition, nor is 18$ billion set in stone.

 

[Cyborg]

They have a gap in big (J)RPG for the Asian market (so does Xbox) so I fully expect both of them to target Square, Konami, Capcom, From, and Sega. Also I hope to see a merge between EA/Ubisoft

 

[Negotiator101]

I thought i told you to sit your ranky ass down? You haven't got a clue how this works to stop posting

You're making shit up to fit your simple mind, you're a fool and I don't suffer fools gladly.

 

[Ass of Can Whooping]

You're making shit up to fit your simple mind, you're a fool and I don't suffer fools gladly.

What shit? They made an average of $8 billion in free cash flow in the last 5 years. It's a fact that they can afford to pay for Capcom or Square in a year or so

It's okay to admit you're an idiot

 

[MonarchJT]

That has nothing to do with an M&A-focused budget. They changed to IFRS accounting standards.

IFRS it has a beloved nothing to do with what I wrote.
Like nothing

 

[Negotiator101]

What shit? They made an average of $8 billion in free cash flow in the last 5 years. It's a fact that they can afford to pay for Capcom or Square in a year or so

It's okay to admit you're an idiot

So you ignore the announcement Sony made to investors in the article I posted of 18billion over 3 years? And I'm the idiot?

 

[CertifiedKiwi]

They needed to respond to the MS Activision acquisition, so as to reassure their investors and the market. Their hand was kind of forced in this case

 

[Ass of Can Whooping]

IFRS it has a be lo ovednothing to do with it to do with what I wrote.

Yes it does. $25 billion of that 44$ billion were marketable securities under their financial sector. Under IFRS those are no longer classified as Marketable Securities.

 

[Ass of Can Whooping]

So you ignore the announcement Sony made to investors in the article I posted of 18billion over 3 years? And I'm the idiot?

You're really not grasping this are you? This is about what Sony can afford to do. The board approving $18 billion of their cash for strategic investments is not all Sony can afford to do. Get it yet?

 

[Lanrutcon]

I feel like Sony had to do something. Can't just let MS dominate the news with such a huge move.

But Bungie? I dunno, man. Maybe they were aiming for Capcom and misclicked.

 

[skit_data]

It provides expertise within areas that Playstation are lacking

 

[boomcrab]

I think for Deviation its going to be a wait and see kind of thing for that collaborative project. I'm hoping for Capcom but that's selfishly for megaman. Square Enix would be nice but idk. I want more Japanese commitment from Sony

 

[BlackM1st]

Most i can see is an act of pettiness, honestly.

It also makes alot of sense for them, sure.. but i mean, they literally bought Xbox's mom.

And makers of Phil's favorite game.. pretty hard to not see.

What the fuck ahahah

 

[Negotiator101]

You're really not grasping this are you? This is about what Sony can afford to do. The board approving $18 billion of their cash for strategic investments is not all Sony can afford to do. Get it yet?

No it isn't, you may have decided this in your little world but this is a thread about who Sony will acquire next. Coming up with they can afford a 50 billion acquisition is nonsense. Try to read the thread before posting next time

 

[Ass of Can Whooping]

No it isn't, you may have decided this in your little world but this is a thread about who Sony will acquire next. Coming up with they can afford a 50 billion acquisition is nonsense. Try to read the thread before posting next time

Why don't you follow my comment chain so you don't look like a complete idiot next time?

I was responding to the person who said Sony can't afford to buy the likes of Capcom or Sqaure. Which they very obviously can

 

[azertydu91]

Its will ultimately benifit customers.

There will be a gamepass/xbox app and a playstation app, to play games nativly will require a min spec PC, or linux based sytem maybe (who knows).

Sonu + Microsoft may still make hardware but they wont be closed boxes.

It will basically be like the PC, movie streaming, android businesses.

Customers will be able to subscribe to gamepass or a playstation equivalent or buy content to own via there respective apps.

The great thing about this is people only need to buy 1 piece of hardware, 1 type of controller etc

I would've agreed if we were talking about series or movies.But here we are talking about games that varies greatly from one platform to another and in that all aquisition war fine tuning games or exploiting the hardware to the max will be lost.And honestly there's no good there because in a content war you will be more inclined to create something that sells instead of something unique or bold.

 

[Sosokrates]

I can see Microsoft will stop when they reach about 45-50 teams, because thats what it will take to have a game every month for gamepass.

I wonder if sony has the same goal?
Jimbo has said a couple of times that its all about the games, so I don't think they will want to be the number 2 when it comes to games and thus will need a similar nimber of teams.

 

[RoadHazard]

Neither. It was Sony plugging a hole in their own lineup and expertise.

 

[MonarchJT]

Yes it does. $25 billion of that 44$ billion were marketable securities under their financial sector. Under IFRS those are no longer classified as Marketable Securities.

It doesn't. Not all the cash are invested in short - term liquid securities...and if it is an acquisition that has already been taken into account at 100%, they will not be invested in anything else.

 

[bender]

Still, if you look at Insomniac’s games library they had started spreading out but completely stopped after 2019, same year Sony bought them. Housemarque hasn’t once mentioned PC releases either to my knowledge. If they’re doing PC releases it’ll happen after the PS releases just like I said. And Nixxes were one of the best console to PC port houses, and nothing after the Sony acquisition. I doubt it would be any different with Capcom, Square Enix, Bamco, Konami, FROM, Ubi or whatever they could acquire. They’ve been very clear about Playstation having a higher priority ever since they started doing PC releases.

Insomniac floundered with Fuse, the Gamestop underwater Metroidvania and Sunset Overdrive. Acquiring a developer is different from acquiring a publisher. You are likely to get day and date Playstation exclusives on PC, but they do appear to be coming sometime after. That's why Nixxies was purchased and that's improvement on the PC side. Acquired publishers are a different story until Sony does otherwise and nothing we've heard about the Bungie acquisition points to anything different.

 

[DrJamesOxford]

I don't think adding one of the best fps studios to your portfolio is ever a bad move + the market is ripe for buy-outs at the moment.

 

[SJRB]

Sony: "More acquisitions are on the way"
Microsoft: "More acquisitions are on the way"
Faux-insider: "You won't believe what acquisition is on the horizon. Can't tell you though, but trust me on this bro"

Like clockwork.

 

[Vick]

What the fuck ahahah

Sorry, it's just what i see. Sony is a very proud company, no one familiar with them could deny this.

It's possible to rationalize this purchase, and i surely don't think that's the only reason they bought the developer of course.

But on the other hand.. it's Bungie.

 

[Ass of Can Whooping]

It doesn't. Not all the cash are invested in short - term liquid securities...and if it is an acquisition that has already been taken into account at 100%, they will not be invested in anything else.

Good lord. Here

This is when they were using GAAP

This is under IFRS

The 2,902,438 million yen, which amounted to $25 billion that were under Marketable Securities, are gone

 

[FingerBang]

Most i can see is an act of pettiness, honestly.

It also makes alot of sense for them, sure.. but i mean, they literally bought Xbox's mom.

And makers of Phil's favorite game.. pretty hard to not see.

Yes, this company throws away $3.6B because Phil Spencer likes the game they make. Corporations are, after all, people with feelings and morals.

Sony felt like COD cheated on them with MS so they went directly to their ex-boyfriend and decided to get together. Imagine the angry sex they have.

 

[BlackM1st]

It provides expertise within areas that Playstation are lacking

MAG, Killzone and Socom were great. Hell, I really enjoyed Unit 13 too. Playing it in coop on Vita was Hella fun.

Sony has the expertise , they just can't get their FPS/TPS games connect with a wider audience for some reason.

I don't know why tho, personally I always enjoyed their offerings.

I think PS4 Killzone was the biggest disappointment for me, I just didn't felt anything about it...

I wanted D1 to succeed, bought it Day. But now I have 0 interest in D. D2 now is not what was promised to us during PS4 launch .

 

[Three]

We are moving to services slowly. CoD on playstation and Destiny on xbox. They will be fighting for subscriptions in the future. Console hardware selling at a big loss will no longer happen. It would be like buying an amazon fire stick and watching Netflix on it instead of Amazon Prime Movies. Perfectly doable.

 

[BlackM1st]

Sony felt like COD cheated on them with MS so they went directly to their ex-boyfriend and decided to get together. Imagine the angry sex they have.

 

[Wizz-Art]

It's an enormous ammount of power shown! I know for sure Microsoft is pretty shook that an ex studio of them is joining the competitor.

 

[rofif]

It's not defensive and not reactionary.
These deals take YEARS. YOu dont go "oh no cod, I must get bungie, done"

 

[MonarchJT]

Good lord. Here

This is when they were using GAAP

This is under IFRS

The 2,902,438 million yen, which amounted to $25 billion that were under Marketable Securities, are gone

and ????? i marketable securities are not what you thinthose are . read it . I'll not longer continue this Convo with you is impossible.
Sony cannot invest 60 or 70b for their gaming division faster you accept it faster you will feel better. For this reason they spent 3.6 and not 50

 

[Clintizzle]

Playstation's best reaction is releasing Horizon: Forbidden West and God of War: Ragnarok this year.

This Bungie deal imo is purely a talent acquisition.

 

[Ass of Can Whooping]

and ????? i marketable securities are not what you thinthose are . read it . I'll not longer continue this Convo with you is impossible

You don't understand a balance sheet. It's okay to admit it

 

[Sosokrates]

I would've agreed if we were talking about series or movies.But here we are talking about games that varies greatly from one platform to another and in that all aquisition war fine tuning games or exploiting the hardware to the max will be lost.And honestly there's no good there because in a content war you will be more inclined to create something that sells instead of something unique or bold.

I think it will inevitably happen because theres more money having an app on a billion devices then have a closed garden with an installbase of 100million
People are going to buy uncharted or Spiderman regardless if its on a playstation or steambox like device.

Also im not sure what u mean by the games varrying from one platform to another?
I mean yes theres no gow of TLOU2 equivalent on xbox, but now there portfolios are very similar. Its just a matter of where the devs are, sunset overdrive is an xbox exclusive, it does have some similarities to Spiderman, indiana jones will be like an uncharted, forza is like GT, fable is a similer to GOW.

Yes these games are different but overall the portfolios are getting more similar.
But im confused even if the games were vastly different why would it prevent a one box to rule them all future.

 

[Toots]

What a vulgar display of power

Thanks, tovarich.
I've spent the last half hour in a Dimebag rabbithole instead of working like i'm supposed to...
Here's your virtual beer

 

[Vick]

Yes, this company throws away $3.6B because Phil Spencer likes the game they make. Corporations are, after all, people with feelings and morals.

No, they've spent all those money to get something they were lacking, and ensuring a future on a ground they're not familiar with.

But i also see a message sent.. i'm probably crazy, but just look at what's going on on Twitter and how many jokes are being made. We can pretend these things means nothing.. but they do.

Sony felt like COD cheated on them with MS so they went directly to their ex-boyfriend and decided to get together. Imagine the angry sex they have.

 

[klosos]

It's not defensive and not reactionary.
These deals take YEARS. YOu dont go "oh no cod, I must get bungie, done"

Yep , i was going to say the same thing, this would of been in the making for sometime , just Like Microsofts dealings. I mean you don't spend 3 Billion on acquiring a studio without long term planning.

 

[Graciaus]

If Sony bought Bungie at their peak you could say a show of power. Destiny is nothing compared to Halo even if it is successful. It isn't even the same company.

 

[rofif]

Yep , i was going to say the same thing, this would of been in the making for sometime , just Like Microsofts dealings. I mean you don't spend 3 Billion on acquiring a studio without long term planning.

The company I work for was sold for 4bil... and it took two years.
Of course you have to think that Sony knew years ago also that microsoft is trying to get activision... so probably they could plan the "reaction" back then

 

[ZywyPL]

IF they really want Bungie to continue being multiplatform I can't see any other than financial interest.

Actually it's so weird Bungie being acquired by another company, because they claimed so many time they want to be independent, while they have been already under the same roof of Microsoft and Activision, and now under Sony's.

Weird acquisition imo.

Bungie seems to always need a big publisher's money whenever they start a new IP - Halo=MS, Destiny=Acti, upcoming new IP=Sony, and once the franchise succeeds and brings a lot of profit they start talking about independence once again.

 

[Topher]

Seems lots of folks are calling out Jeff Grubb for his bullshit.

 

[azertydu91]

I think it will inevitably happen because theres more money having an app on a billion devices then have a closed garden with an installbase of 100million
People are going to buy uncharted or Spiderman regardless if its on a playstation or steambox like device.

Also im not sure what u mean by the games varrying from one platform to another?
I mean yes theres no gow of TLOU2 equivalent on xbox, but now there portfolios are very similar. Its just a matter of where the devs are, sunset overdrive is an xbox exclusive, it does have some similarities to Spiderman, indiana jones will be like an uncharted, forza is like GT, fable is a similer to GOW.

Yes these games are different but overall the portfolios are getting more similar.
But im confused even if the games were vastly different why would it prevent a one box to rule them all future.

This all feel like a move toward games as a service to recoup costs and honestly I'm not a fan of those or games filled with microtransactions.

 

[LiquidMetal14]

Remember the guy who got spooked in True Lies and pisses his pants while being held over a ledge?

Sony's got a little sick, it's pathetic.

 

[MonarchJT]

You don't understand a balance sheet. It's okay to admit it

Then you should take the place of whoever wrote that article instead of wearing the PlayStation hat in a forum

 

[Mozza]

I still chuckle at posts like this.

It's like these companies sit in front of a TV channel or gaming forum waiting for something to happen then open their wallets and go developer shopping.

These deals or acquisitions are months if years in the making.


Rare to come across a bit logic in these types of threads.

Can add in these deals don't happen over night as well.

Amazing coincidence in it's timing though.

 

[MonarchJT]

If Sony bought Bungie at their peak you could say a show of power. Destiny is nothing compared to Halo even if it is successful. It isn't even the same company.

this

 

[REDRZA MWS]

Konami. Give Kojima-San back his baby. Solid Snake.

 

[Inviusx]

I'm still scratching my head over why they decided to buy Bungie and spend almost 4 billion dollars doing so. Can someone explain their master plan here?

 

[DForce]

If Sony bought Bungie at their peak you could say a show of power. Destiny is nothing compared to Halo even if it is successful. It isn't even the same company.

In terms of what?

Destiny 2 is on PC, PlayStation, and Xbox.

Halo Infinite is currently sitting at #5 on the most played Xbox games list while Destiny 2 is #10
Halo is not on PlayStation, but Destiny 2 is.

Destiny 2 averaged around 53k players on Steam within the past 30 days while Halo Infinite only averaged 23k

At this point, Destiny 2 is currently the biggest shooter between the two.