Sony had paid $229 Million to acquire Insomniac Games
- Thread starter bitbydeath
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DunDunDunpachi
Banned
Probably for the best. Neither Fuse nor Sunset Overdrive did anything to endear them to the wider gaming market. Sony will at least point them in a good direction, maybe even get them making Resistance 4 for their PS5 (Killzone was a PS4 launch title...)
Moogle11
Banned
Yeah,way lower than I expected.
With how many copies Spider-man sold I imagine they'll already be in the black just from profits for a sequel.
jshackles
Gentlemen, we can rebuild it. We have the capability to make the world's first enhanced store. Steam will be that store. Better than it was before.
EGOMON
Member
Your Tag checks out
sublimit
Banned
You do know that Spider-Man is Sony's best selling exclusive right?
Hendrick's
If only my penis was as big as my GamerScore!
Well considering they don't really own any IP outside of Sunset Overdrive, it seems like a good sale price.
phil_t98
#SonyToo
Great deal for that amount and a decent record of good games
demigod
Member
No need to buy Konami, just buy their IP and give it to Kojima.
DESTROYA
Member
I bet if MS acquired Insomniac you would be singing a different tune.
Any other hot takes because your act is getting pretty lame.
EDMIX
Writes a lot, says very little
I'm saying. I think they just don't have the same amount of talent that they once had. Maybe buying the IP makes more sense.
Vawn
Banned
"Likes to cry about Sony mostly".
Oddvintagechap
Banned
I lowkey want Sony to buy Spyro and/or crash back. But i feel activison needs to run them to the ground first. Crash Racing probably was particularly profitable for them.
EverydayBeast
ChatGPT 0.001
I expect Spider-Man 2 after that yeah you could use some new ideas, clinging onto a franchise doesn't go well.
it_wasn't_me
Banned
LOL! What a bargain.
Almost a little less than half what was Respawn for EA ( over $400 mil. )
Almost a little less than half what was Respawn for EA ( over $400 mil. )
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Jtibh
Banned
Ok Fester.
killatopak
Member
Pls.. less spidey... MORE RATCHET!
Coconutt
Member
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Wesleyalucard
Member
Spider-Man sold close to 20 million already?
Agnostic2020
Member
Sale of spider man 1 and 2 will make up for that . Great get for Sony .
AAA studio that puts out AAA games every 2 years . What more can u ask ?
AAA studio that puts out AAA games every 2 years . What more can u ask ?
TheWanderingOgre
Member
What? The consensus is that Sony got them on the cheap?!
Im one of the biggest Sunset Overdrive defenders you will ever find but its not like Insomniac has strong (commercial) IPs under their belt nor are they doing anything that unique with their (quality) titles.
I guess I just dont follow studio aquisitions enough to know what is expensive in this regard.
Im one of the biggest Sunset Overdrive defenders you will ever find but its not like Insomniac has strong (commercial) IPs under their belt nor are they doing anything that unique with their (quality) titles.
I guess I just dont follow studio aquisitions enough to know what is expensive in this regard.
diffusionx
Gold Member
... but they got paid from Spider-Man as the publisher. The $229 million represents the value they get by owning the studio as opposed to just publishing the games, and I have no idea what that difference is. It's probably worth about $229 million actually.
Romulus
Member
Not a lot of you know about his game from Insomniac. It's called Stormland. The traversal was amazing and thrilling. I play it sometimes just to fly around. It needed more content and slightly more polish to make it a 10/10 game, but holy shit the potential is there.
I hope it gets DLC or a sequel for PSVR2 release so you guys can play it.
I hope it gets DLC or a sequel for PSVR2 release so you guys can play it.
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Stuart360
Member
It sounds a lot of money but its actually a really decent price. Microsoft paid 400mil for Rare 15+ years ago, and yes Rare were coming off their amazing N64 run, but games also sold a lot less back then
A couple of 4+mil selling Insomniac exclusives and their fee will be paid in full.
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Gamernyc78
Banned
It was funny how some ppl were saying Sony can't buy studios at that price because they don't have the cash to do so.
Good grab
Good grab
ethomaz
Banned
So waste that you need only one game to paid for it after that just profit.
It is a really great deal.
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ethomaz
Banned
Actually Sony have some billions in cash without need to use sell asset... anybody that read the financials knows that.
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DeepEnigma
Gold Member
Shit, they will easily make that back 3 fold with the next Spider-Man game, if they have not already.
They could buy 119.5 equivalent sized Insomniac studios with cash on hand without stock swap, and no transfer of other assets.
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Gamernyc78
Banned
OH I know tht but others with narratives dont lol we all know their gaming division is bringing in more profit than others this gen.
VertigoOA
Banned
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ethomaz
Banned
Game Division and the Camera Sensor division (Image bla bla) are printing money for some years already.
But there is issues yet like the Smartphone (Mobile something), TV (Home Entertainment something), Movies (Pictures) and Music divisions.
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PistolGrip
sex vacation in Guam
That's a great deal. Sony should buy one of the larger Japanese publishing houses that owns a lot of IP. With so much development muscle, they can do major damage with Konami, SEGA or capcom franchises. 3-5 Billion is worth it.
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Blood Borne
Member
Obviously I ain't no finance expert or investment advisor but $229 million for Insomniac seems like a terrible investment. I hope it works well for them.