Sony Pictures reportedly in talks to buy Paramount. |UP|Sony Makes $26 Billion All-Cash Offer for Paramount.

Gediminas

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It's because they have exhausted all possible scenarios for movie telling. Modern movies are nowadays totally boring or disappointing. See the newest Batman movies, they are a shadow of their past self...
The era of AAA Hollywood blockbuster is over. Hence why Sony wants to focus on more cost efficient markets like Japan, Korea, China for future game productions.
it didn't exhaust. just that they following the same copy paste or woke nonsense gated shit.
all hollywood is filled with these nutjobs woke people who has no talent, that's why film quality drastically dropped.

Batman is nazy apparently :D

i started to watch S.Korea films and series and it is fresh air in this fucking smelly dump.
 
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Nhomnhom

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It's because they have exhausted all possible scenarios for movie telling. Modern movies are nowadays totally boring or disappointing. See the newest Batman movies, they are a shadow of their past self...
The era of AAA Hollywood blockbuster is over. Hence why Sony wants to focus on more cost efficient markets like Japan, Korea, China for future game productions.
So they'll buy Paramount to help with Japan/Korea/China?

Sony Pictures has no idea about what they are doing and the proof is Madame Web.

Why do they want to follow a model that is already outdated? Eerly reminiscent of their obsession with following Xbox moves after they already have been shown to all wrong.
 
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Zzero

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Consolidation in gaming is significantly riskier than consolidation in the movie business.

Paramount has been in business for over 100 years.

Right now Sony Pictures needs more size and can't really directly compete with Disney, Amazon, Apple, Warner Discovery, and Netflix. Missing out on the Fox purchase really hurt them not to mention losing MGM and really the only reason they're still in business is because they bought the movie rights to Spider-Man.

They'll want to buy Paramount and trim down the duplicate functions that they already have to save money and better address the debt that Paramount has. It's a pretty solid business plan. You put out the next Top Gun basically as Sony Pictures and that's a significant boon. If you can manage a couple of these movies performing anywhere close to the 2nd movie which would be difficult, and it could put you in a really good position.

If Sony can bring Star Trek back to the forefront, that's also a major boon. If they can manage to bring back Chris Hemsworth for Star Trek 4, it could help the franchise out. They could also do a reboot movie of TNG with James McAvoy once again doubling as a young Patrick stewart. A popular Star Trek live service game could also make Sony significant monies.

Buying Square Enix isn't a good buy. The company is floundering and their most popular IP wane in popularity. Taking their games off of Switch would have a major impact on their profitability. Kadokawa is a bubble and could burst. Paramount has to replace Tom Cruise, but Sony could probably make Tom Holland the new Tom Cruise. Hidetaka Miyazaki on the other hand could leave at anytime. Koei Tecmo isn't worth anything.

The only Japanese companies really worth buying would be Capcom or Sega.

Buying Paramount helps ALL of Sony. Buying a game publisher helps mostly just SIE with few exceptions. If Sony owned Paramount the likelihood of them trying to buy Sega would go up substantially.
The Paramount name has been around for 100 years but the actual "business" aspect has been merged, purchased and divested many times. Disney it ain't.

Looking at it from my perspective I just don't know. As far as I can tell Sony has stayed out of the streaming wars so far so in theory they could use Paramount+ as their vessel but so much of the entity is made up of withered assets, CBS, Nickelodeon/MTV/Comedy Central, Star Trek, SpongeBob etc. And then a lot of stuff they don't actually own like Top Gun and anime liscenses. There's value there but I wouldn't want to pay up for it. And Apollo probably wants to cut all unprofitable assets for a pump and dump, we saw how well that worked for WB after their merger.

The buyer should be Netflix or a Chinese company (Wanda tried a few years ago but the PRC told them not to over-leverage themselves through foreign acquisitions.) I don't think any others make sense. Or theycan go the MGM route: wither away to a husk and then purchased for next to nothing by (in that case) Amazon.
 
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Eternal_Wings

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So they'll buy Paramount to help with Japan/Korea/China?

Sony Pictures has no idea about what they are doing and the proof is Madame Web.

Why do they want to follow a model that is already outdated? Eerly reminiscent of their obsession with following Xbox moves after they already have been shown to all wrong.
I was referring to Japan/Asia for Gaming not Movie department. But yes I do agree. Their movies are mostly more miss then hits. Sony Pictures are confused. They desperately tried to copy Disney all these years along. Only to end up as a woke Hollywood producing entity.
 

Jim Ryan

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The issue is that it's a great buy from a movie perspective but not many of the properties carry full rights. So you can't make a Transformers game unless you license it from Hasbro anyway for instance.

So there are a few drawbacks that need to be considered.

But they could use the movies as leverage to control the gaming releases somewhat.
 
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So to stay in business they need to buy Paramount a busted studio that is collapsing in a market that is going down impressively fast? Complete idiocy, specially now that it easy to see that consolidation didn't actually work out for Disney, Amazon or Warner at all.

Big movie studios clearly aren't the way to go.
Paramount is a good asset to have under the right leadership , if they're flat lining now it's down to bad management & obviously the change from cinema to streaming plays a part
 

Zzero

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Paramount is a good asset to have under the right leadership , if they're flat lining now it's down to bad management & obviously the change from cinema to streaming plays a part
Its not that Paramount is poorly run, its that the whole industry is taking a beating through streaming with the exceptions of Universal (buoyed by Comcast's internet service revenues), Netflix (who don't own much in the way of actual studio infrastructure) and up and comers like Legendary, Annapurna and A24 who have legitimately talented heads directing them.

Anyone who doesn't have a sugar daddy or an auteur at the helm is in the shits. Disney is in trouble, Sony Pictures is in trouble, WB and Paramount have credit ratings comparable to Zimbabwe, MGM is gone and Fox might as well be too. Hollywood is going to be a meat grinder for at least the next ten years.
 

Neversummer

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I was referring to Japan/Asia for Gaming not Movie department. But yes I do agree. Their movies are mostly more miss then hits. Sony Pictures are confused. They desperately tried to copy Disney all these years along. Only to end up as a woke Hollywood producing entity.
WB is almost in the same spot as Paramount there quality has drop no one cares about DC compared to Marvel & outside of Batman & Joker & Aquaman there DC movies been flops.

Even in gaming outside the Hogwarts game WB failed to translate DC into gaming. It’s been rumored that WB will sell & if Sony wanted 21st center fox back in the day they should look at WB instead of Paramount especially if the rumor of Apple buying Disney become true in the future Sony can make Marvel & DC films. Imo WB holds better ip & are double the price of Paramount while also being much less then 21st century fox.

WB franchise

Mortal combat
DC
Looney Tunes
MonsterVerse
Wizarding World/Harry Poter
Mad Max
Gremlins
Beetle Juice
The Matrix
Games of Thrones
Tom & Jerry
Scooby Doo
Flint Stones
Cartoon Network/ Ben 10, Adventure Time
Adult Swim/ Rick & Morty

Overall a better set of ip that can translate to story telling in movies, tv shows & gaming. Sony could get Mortal Combat & add there mature characters from ips like GOW, GOT, The Boys (which there already doing) I still think they should buy Arc Sustem Work who’s more popular in EVO over MK. WB also owns the studio behind Multiversus & could make a PS allstars 2 for EVO using WB, PS & Sony ip including Anime characters.

If Sony buy Paramount they won’t even own the Transformer ip they would have to spend more money to acquire Hasbro which is more hassle & doesn’t allow for full exploitation of the Transformer ip so your really only looking at TMNT, Avatar, Star Trek which are eh at best kids don’t care about Star Trek & Avatar has some potential. I’d just wait for WB to sell who’s also in a dire spot in the movie industry & has re structure WB just has better ip & a better subscription that’s somewhat profitable w MAX then Paramount who’s the smallest & has no place in the subscription world.

WB does has a bunch of debt but I think w the ip alone the movies, tv shows & games Sony could make exclusive to PS & further push hardware & bring those old & new demographic into PS console. Sony can easily if handle properly loose all that debt in 10-15 years I mean DC exclusive games, Hogwarts, Games of thrones, Looney Tunes platformer, Ben 10 platformer can all be interesting games for both mature & younger crowd then tie it to cross media.
 
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Its not that Paramount is poorly run, its that the whole industry is taking a beating through streaming with the exceptions of Universal (buoyed by Comcast's internet service revenues), Netflix (who don't own much in the way of actual studio infrastructure) and up and comers like Legendary, Annapurna and A24 who have legitimately talented heads directing them.

Anyone who doesn't have a sugar daddy or an auteur at the helm is in the shits. Disney is in trouble, Sony Pictures is in trouble, WB and Paramount have credit ratings comparable to Zimbabwe, MGM is gone and Fox might as well be too. Hollywood is going to be a meat grinder for at least the next ten years.
I mean netflix definitely aren't doing good they started off by loaning millions & I'm pretty sure they're still millions in debt & now hemorrhaging users while raising prices & making ads mandatory 😂
 

ethomaz

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Yearly revenue:
  • Paramount Global: $29.65B
  • Nintendo: $15.08B
  • Take 2: $5.39B
  • MiHoyo: $3.84B
Paramount doesn't only have one or a handful very rare super seller exceptions, they have a super huge catalog (it's 100 years old) of top seller and highly rated movies, distribution rights and IPs.

Plus have many more revenue sources other than movies like tv channels, streaming platforms, etc.


There are several games that made over $2B, being CoD one of them:
https://www.gamedeveloper.com/business/-i-call-of-duty-i-made-3-billion-for-activision-in-12-months

Regarding Sony, their top grossing game it's this one:
https://gameworldobserver.com/2023/...counting-for-over-80-of-total-player-spending

Being more specific about SIE, their top grossing game must be Destiny 2, which must be over $2B too counting since release.

Yes, the successful AAA make way more money than successful non-GaaS due to the recurring payments you mention. This is the reason of why all big publishers are pushing GaaS.
Your links shows all CoD available to buy selling $3b in a year.
We are talking about a single game.

Destiny is GaaS with expansions every year.
It is like a new game entry every year.

Single game only doing what GTA does is only GTA.
 

ethomaz

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It's because they have exhausted all possible scenarios for movie telling. Modern movies are nowadays totally boring or disappointing. See the newest Batman movies, they are a shadow of their past self...
The era of AAA Hollywood blockbuster is over. Hence why Sony wants to focus on more cost efficient markets like Japan, Korea, China for future game productions.
They are not.

You find pretty great and innovative movies.
That doesn’t mean that everything should be that… there is place for new takes in old story, reboots, remakes, etc.

You talk about Batman but few years ago they released a movie that is probably the best in the Batman universe called Joker.

So the best Batman related movie happened 4 years ago… and not in the past 🤷‍♂️
 

Nhomnhom

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Its not that Paramount is poorly run, its that the whole industry is taking a beating through streaming with the exceptions of Universal (buoyed by Comcast's internet service revenues), Netflix (who don't own much in the way of actual studio infrastructure) and up and comers like Legendary, Annapurna and A24 who have legitimately talented heads directing them.

Anyone who doesn't have a sugar daddy or an auteur at the helm is in the shits. Disney is in trouble, Sony Pictures is in trouble, WB and Paramount have credit ratings comparable to Zimbabwe, MGM is gone and Fox might as well be too. Hollywood is going to be a meat grinder for at least the next ten years.
Its also that Sony Pictures itself is poorly run.
 

Zzero

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Yearly revenue:
  • Paramount Global: $29.65B
  • Nintendo: $15.08B
  • Take 2: $5.39B
  • MiHoyo: $3.84B
Paramount doesn't only have one or a handful very rare super seller exceptions, they have a super huge catalog (it's 100 years old) of top seller and highly rated movies, distribution rights and IPs.
Now do yearly profit.
Now do total head count.

There's reasons that Paramount's market cap is so much lower than those other examples you listed.
 

Yurinka

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Your links shows all CoD available to buy selling $3b in a year.
We are talking about a single game.

Destiny is GaaS with expansions every year.
It is like a new game entry every year.

Single game only doing what GTA does is only GTA.
Being that cherrypicking, you could also say GTAV shouldn't be counted because it's also a GaaS with new content every year, and that also had different remasters and that only the original PS3 and 360 should be counted.

Now do yearly profit.
I already did it in that post. In any case, it isn't the same 300M of profit with a $30B revenue than with $3B. It's way better and more valued the option with $30B revenue, because having a big cash flow open the door to several things.
 

ethomaz

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Being that cherrypicking, you could also say GTAV shouldn't be counted because it's also a GaaS with new content every year, and that also had different remasters and that only the original PS3 and 360 should be counted.
It is a single game… GTA V on PS5 or PS4 is the same as GTAV on PS3.

What you are talking about being GaaS is GTA Online that is not GTAV.
 

Yurinka

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It is a single game… GTA V on PS5 or PS4 is the same as GTAV on PS3.

What you are talking about being GaaS is GTA Online that is not GTAV.
No, it was remastered with improvements and included stuff like first person mode, as in the PC version. And GTA Online is a part of GTAV.
 

Zzero

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I already did it in that post. In any case, it isn't the same 300M of profit with a $30B revenue than with $3B. It's way better and more valued the option with $30B revenue, because having a big cash flow open the door to several things.
That isn't how investing works. You much prefer 300 million on 3B because that means that you have 27B left that you can invest in other things. Big, bloated and barely breaking even is investment kryptonite.
 

Zzero

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Most of these IPs havent produced a new movie in decades.
They also declined to point out that some of them aren't even owned by Paramount anymore or never were (Indy, GI Joe, Transformers, etc.) At least they didn't list the Dreamworks stuff...
 
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Box

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They also declined to point out that some of them aren't even owned by Paramount anymore or never were (Indy, GI Joe, Transformers, etc.) At least they didn't list the Dreamworks stuff...

Not sure why people think they own Spongebob as well when its a Nikelodean IP