skit_data
Member
I think the narrative that they have a say in From Softwares next game mostly comes from the fact that both Demon's Souls and Bloodborne were developed with PlayStation, i.e their history of making PS-exclusives.This is the same company in which Sony invested and on which the narrative that they will have a say in the next From game appeared....Seems that From "takes orders" from Tencent now....
FeldMonster
Member
Seems like both a very small stake (as a percentage) and financially. This purchase places the total value of Kadokawa around $3.8 billion, which like something well within the capabilities of Sony or Microsoft.
I remain curious about Tencent's overall strategy. This behavior has become their M.O. Always buying a stake in other videogame companies, but rarely controlling. It is like they simply want their tendrils in everyone, so that if the market does well they profit by doing almost nothing. Either they simply don't know what to do with their prodigious capital (creatively speaking) or they are purposely making themselves indispensable in the gaming market, too big to ignore.
Or perhaps they are simply biding their time, and waiting for some of these companies to struggle and purchase them outright once they are cheap. The initial purchase gets them in the door.
If anyone has any insight to their acquisition strategy, I would love to hear it.
I remain curious about Tencent's overall strategy. This behavior has become their M.O. Always buying a stake in other videogame companies, but rarely controlling. It is like they simply want their tendrils in everyone, so that if the market does well they profit by doing almost nothing. Either they simply don't know what to do with their prodigious capital (creatively speaking) or they are purposely making themselves indispensable in the gaming market, too big to ignore.
Or perhaps they are simply biding their time, and waiting for some of these companies to struggle and purchase them outright once they are cheap. The initial purchase gets them in the door.
If anyone has any insight to their acquisition strategy, I would love to hear it.
DeepSpace5D
Member
I haven't seen the narrative that Sony actually has a say in the games Fromsoft make, only that they formed an alliance to help expand gaming and anime:This is the same company in which Sony invested and on which the narrative that they will have a say in the next From game appeared....Seems that From "takes orders" from Tencent now....
Kadokawa Corporation forms capital alliance with CyberAgent and Sony to strengthen game and animation businesses
Kadokawa Corporation has formed a capital alliance with CyberAgent and Sony to strengthen its game and animation businesses, the company announced in its financial results presentation for the thir…
www.gematsu.com
"To strengthen the Global Media Mix Strategy that primarily aims to expand Kadokawa's IPs worldwide, discuss cooperation with CyberAgent, Inc. and Sony Corporation for mutual exploitation of each other's business, expertise, and other strengths,"
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I thought they were investing in gaming outside of China to be safe since the CCP seems to be cracking hard on gaming and it might start cutting into their revenue.
Their goes folks dreams of Sony buying Kadokawa.
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Lukaku's First Touch
Member
Tencent seems to have unlimited cash, crazy.
Isn't gaming just a small part of their revenue? I thought their unlimited money came from WeChat.
Tencent doesn't make these investments without some say in the company they're investing in.
Bernd Lauert
Banned
It's ancient history, tbh. It was before FROM became the multiplatform beast it is today.
i fix for you ....i.e. history of taking money to exclude other platforms from their games
skit_data
Member
Bloodborne released after their first big multiplatform hit Dark Souls as well as after Dark Souls 2.
Are you trying to argue they are less likely to develop a PS exclusive game because they released DS3 and Sekiro?
Kerotan
Member
They also have more money than they can spend. So why not invest the extra dosh and get big returns compared to interest from a bank.
skit_data
Member
Or got paid and got time to develop the engine used in their biggest commercial releasesi fix for you ....i.e. history of taking money to exclude other platforms from their games
Bernd Lauert
Banned
Bloodborne development started in 2012. As I said, ancient history.
Yes. PC is arguably FROM's biggest market. And when PC is your main platform, you go full multiplatform anyway. Of course there's always a chance of a huge PS moneyhat, but I don't think it's gonna happen.
skit_data
Member
Do we know this is the case? Do we have sales per platform on either DS3/Sekiro?
Its definitely possible, but is it a guess from your side or do you have numbers?
Edit: All i can find is this, 71% of the total physical sales were on PS4 during DS3s opening week in the UK:
Dark Souls 3 sold almost 3x as many physical copies on PS4 than Xbox One in UK
PS4 accounts for 71% of physical launch week sales.
www.videogamer.com
Dunno how relevant that 3% physical PC version is, nobody buys physical on PC.
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OmegaSupreme
advanced basic bitch
Sounds like some commie gobbledygook to me.
hmm. That may be the case, but what company doesn't like more money and if you know you've hit a dead end in gaming in your country why not make money outside of it then. Isn't that pretty much what Sony did with playstation by focusing more on the west?
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yurinka
Member
Jimboo, buy them before it's too late!
Sony didn't invest on it. Kadokawa gave Sony 2% of their shares in exchange for helping bring their games and animes to a global market.This is the same company in which Sony invested and on which the narrative that they will have a say in the next From game appeared....Seems that From "takes orders" from Tencent now....
PS is Kadokawa's biggest gaming market. Dark Souls III may have sold most of their units dirt cheap in PC with stuff like Humble Bundle, crazy discounts, key shops and so on, but I'd bet like everybody else they make most of their money when sold at full price during the first months.
Many gaming companies said Tencent never told them to do anything, and in case like this one where they only have a minority stake can't say too much. In Ubisoft's case they also mentioned that Tencent weren't going to buy more stakes of the company, only their initial purchase. In other cases they bought the whole company. Seems that all Tencent does is to invest in companies that already are doing a good job, keeps them doing that good job, help them grow by helping them entering China and that's all.
From Software isn't a beast. And after their most recent release, their parent company asked Sony for help to bringing their games to a global audience and market and gave Sony 2% of the company.
Tencent only got a very small part, as I remember that protection was against being acquired instead.
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Bernd Lauert
Banned
It's an estimate from steamdb based on trackers and review numbers. There are no official numbers.Do we know this is the case? Do we have sales per platform on either DS3/Sekiro?
Its definitely possible, but is it a guess from your side or do you have numbers?
Edit: All i can find is this, 71% of the total physical sales were on PS4 during DS3s opening week in the UK:
Dark Souls 3 sold almost 3x as many physical copies on PS4 than Xbox One in UK
PS4 accounts for 71% of physical launch week sales.
Dunno how relevant that 3% physical PC version is, nobody buys physical on PC.
Bernd Lauert
Banned
Idk, DS3 sold more than 10m, Sekiro sold more than 5m, and Elden Ring smells like another 10m seller. Other devs can only dream of such numbers.
Kiddo Cabbusses
Member
So, the real estate situation in China (Evergrande's problems, other companies defaulting and going bankrupt) is unfolding in a way that could theoretically cause a Chinese economic collapse, and Tencent is... buying significant stakes in foreign companies at the same time?
I'm pretty curious how much of Tencent's move is motivated by the recent events and the fear it may have caused, and what their plan is.
I'm pretty curious how much of Tencent's move is motivated by the recent events and the fear it may have caused, and what their plan is.
yurinka
Member
Maybe unlike with DS3 they don't include there units sold in Humble Bundles and similar stuff.
MaxwellParrish
Member
TheThreadsThatBindUs
Member
Any sources for those numbers?
TheThreadsThatBindUs
Member
Cheers.
Congrats to From Software. Their games are excellent so their success is well deserved.
BennyBlanco
aka IMurRIVAL69
This is the same company in which Sony invested and on which the narrative that they will have a say in the next From game appeared....Seems that From "takes orders" from Tencent now....
They have a tiny stake and this just further diluted their shares.
Ezekiel_
Banned
Hi Norm
KingGhidorah
Banned
Sony is stupid for not buying From Soft when they had a chance
NoLootBoxDev
Member
SlimeGooGoo
Banned
.
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Vaelka
Member
Funnily enough most Chinese I've come across hate them too and actually frequently warn Westerners about Tencent's influence.
I think that you're looking at it too much from the pov of a gamer and not enough from the pov of corporate greed.
FromSoft isn't THAT big and profitable there are way more profitable studios they could look for.
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Oddvintagechap
Banned
Nobody thought this.
This is the pipe dream folks have.
And this is the reality.
KingGhidorah
Banned
they could've bought From Soft, but instead they bought the studio who remakes From Soft games?!?....ok
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