And if they do, I hope they get the same arguments from the CMA and have the same process as to what META and Microsoft went through.
Report: Sony "to secure an additional $8 billion-ish dollars for proactive Merger & Acquisitions"
- Thread starter John Elden Ring
- Start date
Please let it be true!
Would be a good acquisition for gaming but I think Witcher has been juiced already in the cross-media area.
Heisenberg doesn't know anything BTW. He was part of our discord for a long time.
It's...kind of @Yurinka 's schtick at this point.
I would agree to the idea that Sony aren't going to, say, make an acquisition today or this week, or this month for that matter. However "short-term" doesn't necessarily have to mean a few years, it could be as little as 2-3 months out.
Granted I also did not see Hiroki's quote above until now; from the GAF thread on this I thought it would be more about buying shares & making investments in various 3P companies, which could still be the case in addition to a larger acquisition or two. But yes it does seem he is very much more accepting of the idea of making larger acquisitions which, considering PlayStation's importance to the company, would obviously be in relation to that area (at least in large part).
That is your assumptive read, but you are not Hiroki Totoki, are you? You're also not a mind reader, so for all we know mid-term could be within the next 3-6 months. It does not have to specifically mean a year, even in a corporate context.
Financial Times: Sony Considers Partial Spin-Off of Insurance/Banking Arm To Bolster Aggressive Merger & Acquisitions
Article is behind a paywall, but the gist of it is below. Sony is thinking about spinning off its financial arm that deals with things like life insurance and banking to secure an additional $8 billion-ish dollars for proactive M&A. https://www.ft.com/content/0e89cc9c-531a-489b-b6ed-678c135fd318
www.resetera.com
Gay Bowser is on unhealthy levels of copium and salt lmao
Does he think Sony is supposed to just sit there and watch while Xbox attempts to decimate their third party support?Financial Times: Sony Considers Partial Spin-Off of Insurance/Banking Arm To Bolster Aggressive Merger & Acquisitions
Article is behind a paywall, but the gist of it is below. Sony is thinking about spinning off its financial arm that deals with things like life insurance and banking to secure an additional $8 billion-ish dollars for proactive M&A. https://www.ft.com/content/0e89cc9c-531a-489b-b6ed-678c135fd318
Gay Bowser is on unhealthy levels of copium and salt lmao
They won't get rid of their semiconductor side and will still retain 20% of the financial services business after divestment. But yes, they are seemingly "going lean" and honing in on their strengths, which may be risky, but also smart.
It's possible that they could in fact announce an acquisition or two this year and be looking to spin off the financial services unit to put that money towards paying the acquisition(s) off after they are approved, which depending on the size & type could be "relatively" quick or take more time, upwards a year or slightly longer.
Also, these M&As can be paid for in ways besides simply cash. Mixtures of cash, stock options, loans etc. can be used. The money they seek with selling off 80% of the finances unit could be rolled into an ongoing M&A strategy and simply cover part of the payment options for those.
Financial Times: Sony Considers Partial Spin-Off of Insurance/Banking Arm To Bolster Aggressive Merger & Acquisitions
Article is behind a paywall, but the gist of it is below. Sony is thinking about spinning off its financial arm that deals with things like life insurance and banking to secure an additional $8 billion-ish dollars for proactive M&A. https://www.ft.com/content/0e89cc9c-531a-489b-b6ed-678c135fd318
Gay Bowser is on unhealthy levels of copium and salt lmao
He is trying VERY hard to think Sony would not use some significant portion of this for growing PlayStation, their single-most important unit financially. Quite obvious he does not want to consider that option when it has a higher probability than this primarily being for Sony Pictures.
Not saying it is exclusively with PlayStation in mind; it'll most likely be spread along their various units including film/TV, music, subscriptions, image sensors, semiconductor, and smartphone. But you better believe the largest portion is probably going towards PlayStation.
And again, M&As don't have to rely on simply cash. They can be a mixture of that, stocks, loans etc. Sony won't be limited to simply the funds raised through selling off most of the financial unit.
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In a future fiscal year maybe, but Sony said they leave the acquisitions for mid to long term and reduced the related budget to $140M.
Not because they didn't have money or because they have to pay with this budget. They reduced the budget because prefer to spend now that money instead on their image sensor division and servers, and leave acquisitions for later (mid to long term) once market conditions are more favorable and taking their time to do it with the best timing and making better valuations.
And yes, they can pay acquisitions in multiple ways but Sony prefered to it during the current 3 years period that ends in March paying only with the money they did put in this budget.
They can change their plans in the future, specially in future years, but a few years ago they explained to their investors and market analysts their plans for the current fiscal years and are the ones I explained.
I'm not Hiroki Totoki, I'm only a person who is quoting what Hiroki Totoki said when showing their fiscal report a few years ago, where they also explained where they were going to allocate their money this fiscal year and where they show that only have around $140M for investment + acquisitions + stock repurchases this FY.
And provided the link to the sources in the other thread including screenshots of the numbers and direct quotes.
There isn't a rule, but in corporate strategy typically short term means around a year or less, mid term often refers from around over a year to 3 or 5 years. And long terms often refers beyond 3 or 5 years.
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Fair would be Sony being able to purchase a publisher to answer back MS buying Bethesda. If the Activision deal doesnt go through than it will be all fair and square. No need to purchase after that.
The "Consolidation in entertainment has been happening and Sony doesn't want to be left behind." quote from the article isn't from Totoki or anyone else from Sony. It's from David Gibson, an analyst from MST Financial.
Yes. According to Sony they spent most of it and reduced the remaining one for this year to $140M because want to leave acquisitions for mid to long term and spend now that money instead elsewhere.
But some people here prefers to don't believe Sony and trust instead a random Twitter user who says -without providing any source- that they plan to spend there $8B.
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I think they are still putting effort into Cameras.
So many outside of Playstation, Music, Pictures. Cameras, Walkman and Phones.
What else do you think they should be involved in? Have they stopped Laptops? What else did they use to do?
Yeah that would be ideal/justice but Im just going with no special wishes coming true
A lot more than that. All kinds of Electronic products: Blu-Ray Player, Sound Systems, TVs, Monitors, Beamer, Professional Camera Systems for Film Studios, in the near future E-Cars, sensory business and even space.
Got a good point, an eye for an eye but still they have been fighting for this to be blocked, now they want to buy companies, and you know what I hate Xbox right now but I hope when it does happen I hope to God that they do exactly what Sony did and fight this in Supreme Court in America. I would 30% agree with you but when Sony has been complaining to the government about the "unfairness" of Xbox buying Activision. It's very hypocritical.
Sony only talked about CoD, they never said anything about any other MS acquisition.
Right now, there's no way Sony isn't buying something big. I even expect some big steps in the gaming area from Sony. The only question is what Sony will buy. There are gaps in the Rpgs area
