I don’t think Capcom or Sega have a matter on what say on publishing if they got acquired they are public company and they will need to accept highest bidder for the company shares.
Ubisoft is close to Capcom and SE Market cap right now, premium price for them could be cost 10B-20B
What makes people so sure Nintendo wouldnt jump into the acquisition fray over Square Enix. They are important to Nintendo and the 3rd party that supports them most. They also are financially in a much better situation than Sony. A smaller company, yes, but in terms of debt plus cash on hand they are doing very well.
for now nothing than just game partnership, btw aren’t they just for heavy lifting ? imagine all of PD game core gameplay and design and story done by The initiative, they hired them because initiative didn’t have enough team and hiring is slow at this period.
I imagine Square would be the target. They have always had a close relationship with Sony. Also they have a big MMO that is growing in FF14 that would bring in big revenue annually and is the kind of game that would get people to subscribe to Spartacus.
If Sony was to go for one of them, id definitely prefer it to be Square
They’ve already moneyhatted FF and their other games from the Japanese side are a coin flip on whether they come to xbox or not, if xbox were able to get CD while Sony got the rest of Square I wouldnt really care tbh, they are from their prime Squaresoft days
I wouldn’t doubt MS/Xbox has some “wait until Acti/Blizz goes through” agreements with a dev or two that might get them heat if they acquired them beforehand. Feel like the Sony x Bungie move will make Xbox even more aggressive in targeting content for the Gamepass model.
I fully expect NR to join Xbox eventually too. Idk why but I have a hunch.
As far as publisher acquisitions? I think they eventually go after T2.
Cash on hand isn’t the only means of paying for commodities for companies like Microsoft, if push came to shove there’s other liquid assets that can be pulled and loans could also be incurred (Apple has done this plenty of times even when cash-flush because debt is cheap, and MS has a remarkably low amount of debt - especially compared to Sony’s). Ultimately though, with inflation essentially diminishing the value of that cash in the bank (inversely so, compared to interest gained), spending cash on what are essentially sure bets is ideal right now. Also, assuming that it took til June of next year, that would essentially be enough time for Microsoft to make all $70 billion back (extrapolated across the next six quarterly periods compared to the most recent quarterly net profit).
On another note, I don’t know if any publisher-sized acquisition would occur before the closure of the deal (or at least until the FTC review is passed - which is normal for a purchase this size btw), but as plenty of experts (with actual legal backgrounds) have mentioned smaller acquisitions are fair game.
Oh for sure but just kinda saying it due to people floating around that amount as if its just money for the xbox division when thats probably a number for all of Microsoft to make moves too.