Unless SE is looking to be bought in which case those Western studios add to the overall valuation. That said, they let IOI go. So who the hell can tell what SE wants to do?
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They should just sell them, pleaaase.
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CD is practically on their knees as well as Deus Ex devs.
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Luminous Productions is making Forspoken and is a Japanese studio…
I’m not sure how Guardians did financially given it was half off quick and didn’t have a lot of hype, but word of mouth seemed strong. However, Square always has pie in the sky expectations and I’m sure it being a Marvel IP they would’ve expected billions in return. The IP probably didn’t come cheap either.
Square could find themselves in a ZeniMax situation where a lot of flops lead to a sellout but they are publicly owned so I imagine that complicates some things.
They either will need to:
- take a hit and sell/close off assets like studios to trim the fat
- keep them around to inflate their valuation for a sale.
As we know from the Insomniac purchase a talented studio isn’t worth extreme amounts on their own and it’s the IP that costs money. Nobody would factor in extreme value on Eidos or CD as it’s not like they own the Deus Ex IP themselves as a studio.
In the event Square needs to make some hard decisions, I think the best scenario for the folks at the studios is being sold off to a good company to avoid downsizing and closure.
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Yes…
They absolutely see it as a failure based on how they treated past titles with similar or better performance. SE hasn’t provided numbers, but GotG on Steam has a lower 24-hour concurrent player peak than every Eidos Montreal game that came before it. The Marvel experiment has been a disaster for Square Enix.
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The sad thing is that game is actually really good from the get-go. Perhaps Avengers hurts it as they may see it as a bad rep or could be SE is doing something wrong.
In all honesty, SE would sell their western division before offering the whole company for sale lol. They let IOI go so they will let the other western devs go as well.
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I know we are all console or PC gamers, but T2 buying Zynga was a really smart move because the cell phone game market is bigger than the console market.
That market isn’t for me, but gamers will benefit from this acquisition too, because T2 can now use the Euphoria Engine to make their video games.
For people who don’t know that is a physics engine that before Zynga bought it was one of the best ones out there, so future T2 games will be better from this.
Just so you know, too NaturalMotion is the team that makes great tools like the Euphoria Engine, so this a great purchase for T2.
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yeah you forget JRPGs and more cinematic games
they could take nice $4B-$5B with all IPs if they think it’s failure just sell it and refocus on mobile market and eastern devs
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Crystal Dynamics is such a talented studio to be honest, completely mismanaged by SE. Eidos Montreal just have proven their ability to create great games once again as well with Guardians of the Galaxy. If SE really sees their western division as a “failure”, then someone please rescue these studios.
I feel good about Perfect Dark with Crystal Dynamics on it as well.
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manifest
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tbh SE could get couple of billions if they Sell IPs with it. someone would pay premium for TR and studios
So Kadokawa? 
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imo a lot higher chance Sony will get that if they ever go on sale. Not only is Kadokawa home to Fromsoft (historied Playstation partner) but also all the anime/manga stuff that Sony already does.
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Somebody is gonna take Klob’s post and take it as a confirmation that Microsoft is targeting X studios.
Stray Bombay may be one to watch. Supposedly Anacrusis is a surprising critical hit. Grubb seems to love it.
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Don’t forget Spike Chunsoft!
Daganronpa, AI: The Somnium Files, Nonary/Zero Escape are cult hits.
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Very good point. Also, according to yahoo finance Sony has 2.09 trillion dollars in debt broken down 6773.29 billion of which is longterm debt, and 1.32 trillion in current debt as of august 21st 2021 date of the article Source: A Look Into Sony Group’s Debt | Benzinga
In contrast, Microsoft has 50.07B in debt in 2021. Microsoft also has enough cash on hand to pay off there debt if they so choose too. Where Sony doesn’t. So while yes Sony can do an acquisition, yes sony coudl take on some debt to make something happen. The capacity they have to do so is much more limited in comparison to Microsoft. Sony also has a much lower ceiling of what’s reasonable based on the current financial situation they are in.
It’s very doubtful they would be able to buy a square enix for example. Just from the standpoint of having to pay over what square is worth, plus taking on all the staff, property, etc. Plus square would be worth significantly less just making first-party sony games, and mobile games than they would being a multi-plat publisher. This is not saying it may or may not still be profitable just saying you can’t take the income square makes right now and then just say well this is what it would make under Sony.
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