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Post by baihu1983 on Aug 18, 2023 19:26:18 GMT
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Post by Jambowayoh on Aug 18, 2023 19:43:43 GMT
Shocked Pikachu face.gif
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malek86
Junior Member
Pomegranate Deseeder
Posts: 3,247
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Post by malek86 on Aug 18, 2023 22:05:24 GMT
I can't believe they bought a ton of studios *before* actually getting that $2 billions deal in the bag. It's ridiculous.
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Post by Jambowayoh on Aug 18, 2023 22:13:41 GMT
I can't believe they bought a ton of studios *before* actually getting that $2 billions deal in the bag. It's ridiculous. Tbf they got a lot of studios extremely cheap. They obviously forgot how expensive it is to run them. |
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Post by baihu1983 on Sept 11, 2023 12:33:23 GMT
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Frog
Full Member
Posts: 7,272
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Post by Frog on Sept 11, 2023 13:07:31 GMT
Gearbox is probably a half decent purchase if anyone has the cash sitting about. Seems weird to sell one of your best money makers though.
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Reviewer
Junior Member
Posts: 4,445
Member is Online
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Post by Reviewer on Sept 11, 2023 13:17:10 GMT
It’s what you do when you have big debts, need a lot of money and they cost a lot to keep going.
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Post by baihu1983 on Sept 11, 2023 13:24:18 GMT
Probably see Gearbox being the only one they can get the type of money they need.
They only purchased them 2 years ago.
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Frog
Full Member
Posts: 7,272
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Post by Frog on Sept 11, 2023 13:38:58 GMT
If you do that though you have to look at what's left to make money, be better off selling some IP
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Post by baihu1983 on Sept 11, 2023 13:44:41 GMT
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aubergine
Junior Member
I must get over myself
Posts: 2,181
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Post by aubergine on Sept 11, 2023 14:53:35 GMT
I didn’t even realise Embracer had Gearbox. That’s Borderlands and the infamous Aliens Colonial Marines? My understanding is Borderlands 3 underperformed.
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Post by baihu1983 on Sept 11, 2023 15:02:44 GMT
Brothers in Arms series though they haven't done anything with it since the 360/PS3 era.  Duke Nukem and Homeworld franchises as well. As for B3, sold over 8M in a couple months and was up to 18m last mentioned but wiki doesn't say if it was seen as a let down. Would many want to take Pitchford on though? |
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Post by Jambowayoh on Sept 11, 2023 16:14:25 GMT
Time to say goodbye to Eidos Montreal as an entity then if they close Volition and now want to see Gearbox. I can almost imagine Crystal Dynamics are on the chopping block too. What an absolute shitshow of a publisher. Who knew that rapidly expanding and buying everything going without actually releasing any games and depending on Saudi Arabia to fund your existence would eventually end up fucking yourself over.
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Post by Jambowayoh on Sept 11, 2023 16:15:30 GMT
If you do that though you have to look at what's left to make money, be better off selling some IP Well they seem to betting everything on the Lord of The Rings IP for some goddamn reason. |
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Ulythium
Full Member
Lily-livered
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Post by Ulythium on Sept 11, 2023 16:28:39 GMT
What an absolute shitshow of a publisher. Who knew that rapidly expanding and buying everything going without actually releasing any games and depending on Saudi Arabia to fund your existence would eventually end up fucking yourself over.
As much disdain as I have for Embracer's behaviour, the bolded bit is the only one I don't actually understand.
Hoovering up every company they could get their hands on? Kind of scummy, but clearly seen as a viable business strategy by some.
Attempting to get in bed with the Saudis? Utterly reprehensible, but money's all these amoral douchebags care about.
Not releasing any games, though? I don't get it!
They could've got their newly-acquired studios to churn out remakes of old Tomb Raider, Deus Ex, and Thief games, or just plain remasters; hell, as we've seen lately from Rockstar and Konami, even low-effort ports would probably have earned them a tidy sum, especially as Deus Ex and Thief fans are so starved for content these days.
Instead, they just sat around and did nothing, while putting all their eggs in a basket held by a journalist-murdering prince. Baffling.
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Post by Aunt Alison on Sept 11, 2023 16:44:29 GMT
Konami aren't much better
They give so little of a shit about their games business that they lost the source code for one of the most beloved games of all time
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Post by Jambowayoh on Sept 11, 2023 16:47:54 GMT
Konami aren't much better
They give so little of a shit about their games business that they lost the source code for one of the most beloved games of all time
Yeah but for Konami games are a side business, and aren't buying IP and studios as an asset strip. |
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Post by baihu1983 on Sept 11, 2023 16:50:18 GMT
They also aren't spending 8 months working with just a verbal agreement
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Post by Aunt Alison on Sept 11, 2023 16:52:15 GMT
Still sitting on some great IPs and doing next to fuck all with them though
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Post by baihu1983 on Sept 11, 2023 17:13:18 GMT
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Ulythium
Full Member
Lily-livered
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Post by Ulythium on Sept 11, 2023 19:12:44 GMT
Oh, Konami sucks as well, no doubt about it; that said, releasing a half-assed MGS compilation is still more proactive than Embracer was with any of the IPs they bought from Square!
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Post by baihu1983 on Sept 20, 2023 11:28:49 GMT
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wunty
Full Member
Pastry Forward
Posts: 6,673
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Post by wunty on Sept 20, 2023 12:06:28 GMT
So they fucking make a big deal of buying all these studios only to start shuttering them down the line? Why the fuck is there not some kind of legislation in place to stop these kinds of buyouts? Or is there? It's pish.
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Blue_Mike
Full Member
Meet Hanako At Embers
Posts: 5,364
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Post by Blue_Mike on Sept 20, 2023 13:55:54 GMT
So they fucking make a big deal of buying all these studios only to start shuttering them down the line? Why the fuck is there not some kind of legislation in place to stop these kinds of buyouts? Or is there? It's pish. They are basically OpCapita. |
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Post by paulyboy81 on Sept 20, 2023 15:41:36 GMT
I still can't believe the price they paid for most of Square Enix's western studios and IP like Tomb Raider etc.
Did Embracer group have some dirt or leverage on SE's CEO or something...
Keep dreading a news story that they're shuttering Crystal Dynamics or Eidos Montreal.
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Post by paulyboy81 on Sept 20, 2023 21:09:55 GMT
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Post by Jambowayoh on Sept 20, 2023 21:25:33 GMT
It's a classic case of spending money that doesn't exist then fucking over the serfs because you know fuck all about basic business. It's ridiculous.
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Post by Jambowayoh on Sept 20, 2023 21:28:04 GMT
I still can't believe the price they paid for most of Square Enix's western studios and IP like Tomb Raider etc. Did Embracer group have some dirt or leverage on SE's CEO or something... Keep dreading a news story that they're shuttering Crystal Dynamics or Eidos Montreal. Well you have a CEO who still believes in the viability of NFTs and all that bollocks and the view that 8 million copies sold is "under expectations"so I'm not surprised they undervalued all that IP. |
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Post by baihu1983 on Nov 6, 2023 13:10:00 GMT
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Post by Jambowayoh on Nov 6, 2023 14:14:26 GMT
It annoys me that these cunts gobbled up these great IP and they've done nothing but fuck up and punishing studios and Devs because of their greed.
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