PlayStation maker picks up almost 5% of Chinese video and mobile game company.
Sony making big moves globally! More games full steam ahead!
This doesn't mean more console games for us. All Sony did was buy a minority stake. It says they're looking into potential partnerships for anime and mobile games specifically for the Chinese market. Basically unless you're a mobile gamer in China this doesn't matter.
Gamer in China or anywhere else in the world, it's still more games that can be produced, whether you have access to them or not. Someone somewhere will have new anime or games.
Don't gamers in China matter?
@sasha When did I say that they don't?
Nah. It's about mobile gaming which makes way more profit than console gaming in Asia. Like multiple times over and they want a stake on that.
“The deal is expected to close tomorrow, and will give Sony a nearly 5% stake in Bilibili. The two companies will also explore potential partnerships "within the area of entertainment business in the Chinese market, including anime and mobile games." Well...there goes any hope of anime games being released uncensored anymore.
Its China, stuff is already censored there.
There aren’t going to be any difference in western releases. Games will be catered to the lowest common denominator so Tom they can be sold in all nations. Getting rid of blood and toning down violence will be next. It’s already started actually.
Could they not have used that money to buy a great studio like Level-5 or Cygames/Platinum. Mistake not trying to add one of them to their first party
This is Sony, not PlayStation themselves.
It’s under the same entity. The CFO has budgets for specific divisions of Sony, but overall the money spent on acquisitions is in the same shared pool of funds
So, this company is worth more than 8 billion USD?! Crazy.
Almost, they’re worth between 48-55 billion
ehm, if you can get 5% for 400 million USD, how much are 100%?
My mistake I thought you were referring to Sony’s worth
@ the dude referring to Sony’s market cap I don’t think you know what you’re saying.
I know it sounds crazy but then again... How many years ago has it been since Minecraft was bought for 2 billion dollars lol... Worth a lot more since and thats a single game!!
I get that this is a Sony acquisition and not a PlayStation specific acquisition, but it is still super frustrating to think about all the great ways that money could have been used instead of buying a tiny share of a mobile games studio.
Good thing it's their money and not yours
Oh yeah, for sure. And it very well could be a wise investment-I know very little about the mobile game market in China. It's possible this will result in far more profit with far less effort than a PlayStation-related investment would. I'm saying it's frustrating from a perspective of someone who wants to see more high quality console games; I don't own Sony stock, so as an investor it's possible I'd have a different view.
Oh man, are you a real Sony dicksucker? "GREAT LORD SONY PLEASE BUY MORE MOBILE GAMES"
BTW u would live if they bought Level 5 or TriAce. So I do hope they keep getting games from other devs like Bloodborne
Interesting idea regarding TriAce but ultimately their money would be better spent on a different jrpg studio. They need more japan studios. It’s odd they don’t seeing as how the company is based in Japan.
Jesus. I would love. Not you would live.
Yeah I've had that exact autocorrect typo when using my phone, so I knew that's what you meant. But then I again, I would live if the bought Level 5 or TriAce. So your statement was factually correct.
JEECE - Why would that concern you? Sony has consistently invested in new games and that ain't going to stop.
Yeah I mean I'm sure if the execs there heard me complaining, they'd be like, " come on, we just bought Insomniac basically to target people like you," and they'd be right. I think people are really overreading my comment as legitimate corporate advice rather than just seeing at as a "wouldn't it have been cool if they bought a console-focused studio."
$400m isnt even 5%?? Holy crap, that's a huge company
That's wild $400m for 5%... I know mobile gaming is huge in china but wow.
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