The guys behind Platinum have made some of the greatest games ever.
Okami.
Resident Evil 2.
DMC
Bayonetta.
Viewtiful Joe.
With the right support and budget, they will be a great addition to MS
The guys behind Platinum have made some of the greatest games ever.
Okami.
Resident Evil 2.
DMC
Bayonetta.
Viewtiful Joe.
With the right support and budget, they will be a great addition to MS
Welcome back
Return of the king
Oh Prog your back.
Platinum is sort of like a Japanese Obsidian. Masters of their craft that have never really had the funding and independence to fully own their projects and absolutely nail them.
Platinum joining XGS would be a great move, in my opinion. They want stability and freedom to explore new ideas. Xbox wants Japanese games and constant output for Game Pass.
Make it happen, Phil.
I’m just a big fan of Jades work. Atleast the stuff I’m aware that she had her hands on.
Like a rash you can’t get rid of.
Yep, Bayonetta 1 is in my top 5 games of all time. (2 is good but they changed the gameplay a bit for the worse)
Oh no hes back
I never leave.
Solid financial position to support further growth
After closing of pending transactions, we project that we will have more than SEK 8 billion in available cash and credit facilities to support further M&A. Several of the businesses acquired over the past year have a low capital intensity. With strong organic growth ahead, we anticipate gradually growing free cash flow. Our diversification is increasing and revenues become more predictable. Our belief is that a strong balance sheet is a tool for long-term value creation, as we always act from a position of strength.
The M&A market is busy with activities ranging from mega deals to smaller transactions. Our great business partners Microsoft, Sony and Take Two have all been making large moves lately with strategic logic, a testimony that gaming is a very attractive form of entertainment. At Embracer, we note a growing number of inbound calls to us from a variety of actors. However, we are more selective than ever. The companies we welcome to our family need to have a long-term mindset, bold ambitions, and feel at home. As evidence of this, I take great pride in noting that 106 of a total of 108 entrepreneurs joining us since the IPO back in 2016, are still part of the family. The Groups core strategy to embrace and empower entrepreneurs seems to work.
We expect to keep growing our eco system with more entrepreneurs and creators in the coming quarters and years. We also have conversations with companies that would be financially transformative and could be the foundation for additional operative groups, but the timing on such deals is always difficult to assess.
Record investments in organic growth
The objective of our capital allocation is to drive profitable growth, and the model seems to be working. We believe that the highest potential for value creation is by maximizing long-term profitable organic growth. We have a record 216 ongoing development projects. More than 95% of our capitalized development spend is allocated to the development of upcoming premium games. Our pipeline now has more than 25 AAA development projects planned for release until March 2026 with the potential to drive significant organic growth.
More smoke to the Microsoft x Platinum rumor. ( Microsoft tried to buy them in 2019, maybe they are more open because they want the Activision, Bungie, treatment?)
Xbox should Acquire me! my going price is $20… I can offer a mean grilled Cheese Sandwich
I was just wondering where theyve been lol. Wonder what their next (signifigant) move is. Aside from more small, unknown studios. Probably Farm 51 making Chernoblyte, or Maybe even a smaller public company like Bloober, or a bigger one with People Can Fly, although that one alone would use up like 2/3rds of their budget at least
at that point I don’t think they’d be worth it.
Has anyone other than Brad ever suggested that Xbox was looking into Platonum?
I think I recall a reddit post that turned out to be accurate as far as XSX specs, they mentioned Platinum as a studio that MS was negotiating with.
What’s your go-to cheese? I’m a simple man, white Wonder bread with Kraft singles.
Goofing aside, I do wonder if Microsoft is looking harder at acquisitions or partnerships. Also, as a Japanese person I find it interesting to see that the narrative around “Xbox needs Asian content/acquisitions” really boils down to “Xbox needs Japanese content/acquisitions.” There are so many talented studios out there in other Asian counties. Some could use a budget infusion to take that next step. A game like Xuan Sword VII was so close to being great, but you can see the constraints working against it and I’m sure there are countless other examples on display.
Plutonium you say? Now steady on, lets not bring in nuclear bombs here
You make a good point that most of the Asian acquisition talks mostly go to japanese gaming companies but the truth is it the only place where they can probably do it.
Sout korea has great games and studios but the indie scene is barebones. The vast majority of them are multi billion dollar companies. For example, Krafton is 10 billion dollars or for example Pearl Abyss for 4 billion and is considered one of the indies there.
Taiwan has excellent indie studios but the geopolitical uncertainty there makes it unlikely that they will buy there. They are plenty of examples of China and Taiwan conflicts.
Thus really japanese studios are most likely where they would acquire.