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

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Eternal_Wings

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And to acquire Nintendo + SE + Kadokawa + MiHoyo + Capcom (who most likely wouldn't want to sell or could be blocked by regulators) would cost way more than $26B.


SIE/PS already outperforms Nintendo, doesn't need acquisitions to continue outperforming them.
Who on earth was talking about Nintendo? ☠️
 
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Neversummer

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  • PS+ Premium includes Sony Pictures Core and Crunchyroll content, they could add Paramount content there
  • They could use Paramount/Nickleodeon/MTV/CBS/etc IPs to make games
  • Paramount/Nickleodeon/MTV/CBS/etc could make movie/animation/tv show adaptations of SIE IPs
  • Sony would get a giant influx of revenue they could use to partly reinvest it on PlayStation
More reason for Sony to increase PS+ from $80 to 100$ yearly by adding mid & another mid subscription service that being Paramount+

Great! Ty Sony for making PC the best platform to play PS games & invest
 

Neversummer

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Doubt any of them except maybe square would be open to an acquisition right now & there's no point in aqauring them
Right. Sony don’t acquire Capcom & Square Enix let others like MS or Saudis who shown to be interested in both to acquire them & Sony further loose control in gaming

Great strategy
 

Etifilio

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And to acquire Nintendo + SE + Kadokawa + MiHoyo + Capcom (who most likely wouldn't want to sell or could be blocked by regulators) would cost way more than $26B.


SIE/PS already outperforms Nintendo, doesn't need acquisitions to continue outperforming them.


Sony had a budget for investments + acquisitions + stock repurchases to be spent in a 3 years period that ended this March. They assigned almost everything to different things.

As part of this budget, Sony Pictures was going to acquire the Indian giant Zee for $10B but that acquisition failed. So Sony Pictures has $10B in cash to spend, not counting extra money Sony Pictures could also get from the budget of the 3 years period that started in April (we still don't know its size).

This acquisition would be made by Sony+Apollo, meaning Sony wouldn't pay $26B. Maybe Sony only pays $10B or a bit more. Let's say the half, $13B. It's fair to assume that Apollo's plan is to help Sony acquire Paramount, and then wait to see Sony reducing the costs and redundancies highly improving its profitability, and maybe also their revenue thanks to many possible synergies, making Paramount way more valuable than it's now. Once achieved, Apollo would sell their part of Paramount to Sony, for a higher price than the one they'd pay now as part of these $26B.
but don't you think for IP purposes that it would be good for Sony to acquire Square Enix? they could add 2,5B of revenue and own Final Fantasy, one of the biggest IPs in Japan
 
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Yurinka

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You think Sony doesn't care about their number 1 cash cow?
Here there are several gaming flatearthers who say Sony is broke, PlayStation is doomed and that Sony and Playstations has no games. When the facts say clearly the opposite.

but don't you think for IP purposes that it would be good for Sony to acquire Square Enix? they could add 2,5B of revenue and own Final Fantasy, one of the biggest IPs in Japan
Yes, I think Sony would be happy to acquire Capcom, Square Enix, Kadokawa, Bandai Namco, etc. And that they would be a great business that would benefit PS/SIE.

But the thing is that none of them seem to want to sell, and none of them is on a position where they need to sell. Plus also strategically for both sides is better to wait a year or two due to several reasons. And well, PS/SIE are in a market leader position with a great growth, don't need huge acquisitions now.

Regarding Paramount Global is a very different story: Sony Pictures has the very rare opportunity of make this acquisition, which for them would give them a huge amount of IPs and content and would put them for the first time -as I remember- regarding revenue share as market leaders. They also have the cash ready from a recent huge failed acquisition.

Paramount Global is in a position where is a good moment for them to sell and want to sell. They just fired their CEO. Paramount has a debt Sony can address, and some ugly costs since 5 years ago that are eating their profits that Sony can remove.

And well, acquiring Paramount doesn't mean they won't acquire in gaming: Sony said last year they'll continue doing so but not in short term due to different reasons. Make sure they'll continue acquiring for gaming once they consider it. Maybe later this year or more likely late next year once they sell their banks stuff.
 
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xollowsob

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Is this a 4D chess move by buying up IPs, stopping MS, EA, Acti and Ubisoft from making third party tie in games and forcing them to only make first party titles?

I would imagine there's a few quid to be made from movie tie in games. Insomniac seems to be good at it.
 
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Eternal_Wings

Eternal_Wings

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Is this a 4D chess move by buying up IPs, stopping MS, EA, Acti and Ubisoft from making third party tie in games and forcing them to only make first party titles?

I would imagine there's a few quid to be made from movie tie in games. Insomniac seems to be good at it.
Woohoo. MS is trembling in fear losing TMNT
Howie Mandel Wtf GIF by America's Got Talent
 
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Right. Sony don’t acquire Capcom & Square Enix let others like MS or Saudis who shown to be interested in both to acquire them & Sony further loose control in gaming

Great strategy
Capcom isn't fucking selling how many times do you need to be told if they start looking for buyers Sony will know & I've no doubt they'll make an offer , Microsoft would be blocked from buying square & 'the saudis' don't outright buy game publishers they invest in them which they already are invested in a bunch of them 🤷🏻‍♂️
 

Neversummer

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but don't you think for IP purposes that it would be good for Sony to acquire Square Enix? they could add 2,5B of revenue and own Final Fantasy, one of the biggest IPs in Japan
Imo acquiring Square Enix only makes sense if Sony can acquire the Dragon Quest franchise as a whole so they can make DQ animation, movies, tv shows something DQ hasn’t expanded to & combining cross media & games together making Sony & PS simultaneously a better player in Japan if they made DQ exclusive to PS console & PS moved away from the traditional box to a hybrid handheld
 

BroodCorp

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A Japanese company buying an American giant is wild.

Mind you, I don’t care, they’re all just corporations, but it’d be strange to see happen.
 
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Vertigo

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Less to do with PlayStation. More about media expansion. Sky is not falling lmao
 

Yurinka

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they can make bigger acquisitions than that, when this man said Sony would not get left behind in the acquisition war from entertainment he was not kidding, but we were expecting game publisher acquisitions due to the recent years
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Yes, but the "medium to long term" (normally means aprox. over around 3 years or more) is important here, specially in the context where he was talking about acquisitions in games. He also said that didn't expect to make acquisitions in the short term (which normally means around 1 or 2 years).
 

mibu no ookami

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They also were going to spend $10B on acquiring Zee for Sony Pictures but that acquisition failed. So maybe they plan to spend that money now instead to get their part of Paramount Global.

You continue to disappoint me with what you don't know/understand.

Zee was a 10B dollar joint venture with Sony Pictures. It was never an acquisition. This wasn't a cash deal. The new company Culver Max was going to be worth 10 billion.
 

mibu no ookami

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The Boys is co-owned between Amazon and Sony Pictures.

No one has made a game out of The Boys. Why because it would be a tough game to make first of all and second, it probably wouldn't be worth it.

Someone brought up Ghostbusters earlier and this is a similar one. It's not really worth Sony making a Ghostbusters game. Sony Pictures is just RECENTLY trying to increase the profile of Ghostbusters and they've been fairly unsuccessful in doing so.

Same can also be said of Men in Black.

When they had the rights to Bond, it was also complicated and made more sense to license to EA, multiplatform and they weren't the sole owners of the rights.

The only movie properties Sony would want to make a movie out of is Spider-Man and again they don't own the rights here, Marvel does. They didn't need Da Vinci Code because they had Uncharted. The reality is that Sony Pictures doesn't have a lot of great gaming IP, which would definitely change with Paramount.
 

Loy310

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Either a major film production or a major video game publisher, either one works for me because they will guarantee that sony remains a force to be reckoned with in all of entertainment.