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Ah, ok.
But that doesn't refute the point where "Industry consolidation had existed way before", Microsoft has made 2 billion+ dollar acquisitions in gaming, Mojang and Bethesda. I can't recall any billion dollar purchases prior to these to be honest.
Takes out of touch with reality like this and the complete inability to understand that consolidation in any industry is normal makes me continue to hope for acquisitions from anybody and everybody.
Guess what, consolidation has been happening in gaming for a long time and Microsoft hasn't "fueled" anything. You don't like it, that's your prerogative but stop trying to arbitrarily reframe history in a disingenuous context.
That's simply because the value of game publishers and developers has skyrocketed in the last couple of years.
Embracer has spent nearly $500 million on Saber and EA is closing a $1.2b deal on Codemasters.
They have ties to the social credit system, surveilled foreign consumers and I have attached a video from a Youtuber I admire that goes into more detail than I ever could.
China is building a 'comprehensive system' for tracking companies' activities, report says
The corporate "credit system" that China is launching will require businesses — foreign and local alike — to share more data than ever before.www.cnbc.com
Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home
Chinese internet giant Tencent has been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home, according to a new report.
WeChat Becomes a Powerful Surveillance Tool Everywhere in China
China’s do-everything app, WeChat, has become one of the most powerful tools in Beijing’s arsenal for monitoring the public, censoring speech and punishing people who voice discontent with the government.www.wsj.com
Wow a tech company carrying out mass surveillance and behavioural modification on its users. Thank god US companies would never do this or collude with governments in massive military, AI or facial recognition projects.
Yeah much better to cheer on the Americans buying everything.
Tencent bought Supercell for 8.5 billion and Leyou for 1.5 billion. EA is getting Codemasters for 1.1 billion and spent an inflation adjusted 970 million on Bioware and Pandemic.
make sense tbh if tencent buy them
I wonder if it's Take Two? Big but not EA or ATVI big.
Depends what scale we mean by several billion? Is this tens of or single digit?
Depends what scale we mean by several billion? Is this tens of or single digit?
Zynga still has a market cap of 11 billion? I've been ootl on them for a while but they still seem to be doing ok.
People are making the claim that everything started with MS buying Bethesda, it's clearly bs though; if the argument is that MS is the only game company to buy another publisher, that's not the case. If the claim is that it's the biggest video game company related purchase, I mean, that's not even true either and honestly this point of contention is just kinda moving the goalpost, no offense.
Buyouts and mergers existed way before MS buying Bethesda, I'm not sure the counter argument to that.
I have a feeling that it's not a console publisher, but rather something in the mobile space. The mobile gaming world is extremely lucrative, especially in Asian markets.
I also love how analysts like Zhuge always weigh in on these rumors for the clout of suggesting they have insider info but then offer nothing. Very cool!
I also love how analysts like Zhuge always weigh in on these rumors for the clout of suggesting they have insider info but then offer nothing. Very cool!
take two would get you GTA which just prints money. i have to assume they are more profitable than EA even if they pump out less games.
The use of several (to me) implies single digit and probably on the lower end (but more than 2).
Guys, but what about the American companies assisting with genocide?
Xbox would still get the games so it wouldn't hurt them
But at the same time, I doubt Bungie has any interest in being bought out at this point.
Well just like any console maker who gets new studios you will likely need the hardware to go with it. Were you upset when Sony got Insomniac? Probably not.
You're upset Microsoft can afford to? Here is a list of acquisitions Sony has made throughout the years,
List of acquisitions by Sony Corporation
Psygnosis was also a pretty major deal back then.
I have said this repeatedly, at what point is the Xbox or PC going to become an option for those who have continued to use their Playststion consoles as the default platform for them? Throughout the history of videogames there has always been situations where gamers if they wanted all the best games needed multiple systems. We are also talking about a company who reaped the rewards of making exclusive deals over the decades with third party. So why is it ok for Sony to make their systems more attractive but not Microsoft?
In other words people just want to keep rewarding Sony for all the deals they made and feel they are now entitled to everything.
It's called moving the goalposts to fit your own narrative.
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It's not like fucking Microsoft owning everything is somehow a net positive versus Tencent.
I could see people making the Microsoft comment against Google and Amazon since being forced to stream games people love sounds awful, but Tencent isn't going to do that.
What are you talking about!!! Microsoft is the devil incarnate!!!
Whats even more funny people were fucking celebrating in the latest Nintendo acquisition thread 😂
But here we are in a thread that's not even related to Microsoft and we are back again to the Microsoft is the source of everything evil
Bungie does want to be bought out but they are demanding too much for what they are worth
Several billion isn't enough for those, they would need multi billions
Microsoft bigger than Tencent
like EA bigger than Take two
MS easily can outbid Tencent
It's fans wanting their favorite company to consume even more large publishers/developers and Sinophobia. There is no concrete evidence that Tencent is linked to the CCP. That's a fake concern anyway. The same people calling for MS to swallow everything up don't seem to care about their closeness to the US military and their building of weapons technology for the US Army.
Ugh. I am not okay with this at all because of the way the CCP behaves in regards to censorship. Whichever company they end up buying, I'll have to stop purchasing that company's products. I feel bad for the US or Korean devs but I just can't support the CCP in good conscience.
I actually wish the opposite. Fck 1st party acquisition. With Tencent acquisition at least their games will be available on every platforms.
