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Ehh, when you have a product that's earning you lots of money i see no reason to sell them

Would be stupid of them to do it

You are right that they could still sell them, I just would find it stupid of them to ever do it

Hence why I vaguely said "the right price", which could literally be anything.

The question remains; How long would a potential buyer we willing to wait before they've earned back the investment?

The right price would literally have to be higher than the combined income of the Persona franchise because tbh that’s why Sega has Atlus in the first place.

Sometim3s the right price is 50 million, sometimes it's 500 Million, sometimes a billion

and then proceed to do nothing with him

Big Conglomerate Inc. buys small developer for 2 billion dollars.

Big Conglomerate Inc. makes back that 2 billion on it ten-fold over a period of 10 years.

Competing Conglomerate Inc. looks at that and offers 20 billion dollars to buy small developer from them. Thinking they could probably make even more by deploying their own strategies.

Big Conglomerate Inc. is happy with that since they've made so much money already anyway, and they're not seeing how they could increase those earnings even further. And Competing Conglomerate obviously isn't gonna share their plans, so they decide to take the deal.

This happens way more often than you might realize.

I would argue it happens at least every 3 or 4 months

Definitely several times a fiscal quarter, for sure.

Indeed. Though mostly at smaller scales than my example below.

A 20-billion dollar sell-off of a subsidiary will create headlines.

And like you said while Square isn't the hugest company out there, at least here, that's big news.

Not just for FF, KH, or DQ, they're one of the pillars of Japanese game developers

And I don't know everything about it but I heard Sony really pissed off the Japanese market sometime ago

For the record. Square Enix acquired Eidos (and Crysital Dynamics) for about 104 million dollars.

And now they're selling them for 300 million dollars.

Which is in line with my point above.

I still think 300 million is a low-ball considering how much the video game market has grown in the past decade, but hey. 3x still ain't bad.

Imagine having that on your résumé.

"I singlehandedly pissed off an entire country with 126 million people."

...

"And I'm not even a politician"

also i seen evil dead: dr strange edition

yeah alot of that is he dont care

So like, what'd he do? Not to get political lol but I'm hella curious- there a cliff notes version?

he closed down few japanese studios and pissed those off

I've never understood why companies choose to close down subsidiaries instead of just selling them off on the cheap.

I figured there's gotta be some tax right off kind of shit to it, right?

I don't know a lot so I'm not gonna guess lol

Yes, they can write off losses, but that write off is only a certain percentage of said loss.

Usually, closing down a subsidiary means liquidating its assets. But when factoring in dept that has to be paid off first, those assets usually don't amount to much.

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