Forum - View topicNEWS: Sony Sells Its Entire Stake in Square Enix
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Toester_Strudel
Posts: 98 |
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Sure this doesn't sound like complete doom for both companies but this doesn't sound like good news for jrpg fans. Still wonder how SE will do business wise in the next 6 months.
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aeris2001x2
Posts: 64 |
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Why do some people hate FFXII????!?!?!? That game is Godly |
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Letthemeatraep
Posts: 161 |
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Best dump it now while it's still worth something. SE are headed for very bad times in the near future thanks to some of the truly idiotic business decisions they made this past console generation (eg. releasing a major MMORPG based on their most popular franchise, Dragon Quest, only on Nintendo platforms... platforms notorious for exceptionally poor online infrastructure and online userbase presence and also releasing a truly broken MMORPG based on your second most popular franchise, FF, that is so unplayable you end up sinking almost your entire company's development resources into fixing it for years.). How the mighty fall. From releasing multiple multi-million selling titles a year during the PS2 days to barely managing to scrape out titles that can sell one million is a sure fire sign of a company on it's way down and out. Sony need the money right now for sure, but selling their stake in SE is definitely one of their smarter sells in recent times that's for sure.
Oh, and I am positively laughing my ass off at GrilledEelHamatsu here also... it's not exactly rare to see an ignorant blowhard try to pass off complete misinformation as being grounded in reality on an internet forum, but to double down on statements like "Square-Enix will not be supporting Playstation in future because of this" and be serious about it is just amazing. Thank you so much for the laugh |
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Cecilthedarkknight_234
Posts: 3820 Location: Louisville, KY |
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Well after reading this I don't have any faith left in square-enix period. Sure bravery default was great game and I really wish that dragon quest 7 would get localized but you know what I don't care anymore. http://www.escapistmagazine.com/news/view/133780-Square-Enix-Says-DRM-Is-Here-To-Stay |
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yuna49
Posts: 3804 |
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I think the game play in XII is terrific, but the cast is a bit boring. Vaan is largely a cipher, and I got really tired of listening to Kari Wahlgren's heavy breathing as Ashe. (C'mon, folks, let's have dual audio and subtitles please.) She's also rather uninteresting compared to heroines like Yuna or Rinoa. I've found the supporting males more impressive of late, particularly Balthier (sorry, but you're not the main character) and Auron. However the game play in XII is much more fun. I wish they had carried over fully-programmed gambits to XIII. I got tired of mashing the X button in that one. As for Squeenix/Sony, it would be absurd for S-E to stop releasing games for the PS platform regardless of the financial arrangements between the two companies.
http://www.forbes.com/sites/davidthier/2014/02/21/ps4-will-pull-further-ahead-of-xbox-one-with-japanese-launch/ I'm more interested in how Sony's financial struggles will play out in the anime arena. With Animax, Aniplex, and A-1 Pictures, along with Sony Music of course, Sony has been a major force in anime productions and distribution. If anything, its role has increased in recent years. A-1 has made a number of well-regarded series of late like Shin Sekai Yori and Space Brothers, and Aniplex has an expanding monopoly on major hits like Madoka Magica and the -monogatari series. |
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doctordoom85
Posts: 2093 |
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Of course there is! They have so many better options! There's Xbox One! The Xbox systems do great over in Japan........right? Okay then, how about Wii U? Tons of people own that system right......oh. (granted, I own one and love it, but I don't represent the majority here) Seriously guys, I highly doubt SE is so stupid as to not continue supporting the currently best-selling console worldwide as well as the one in Japan. MAYBE they could switch to doing 3DS exclusives only but I doubt it. All this doom-and-gloom talk based on wild predictions is once again the Internet being the Internet. |
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GATSU
Posts: 15345 |
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Frankly, I never understood why anyone would double down on a company which cost them a fortune with The Spirits Within. Oh, yeah, it was that late 90s, early 2000s Silicon Valley bubble which caused people to throw money at any stupid idea. [Time Warner/AOL, anyone?] Still not a real excuse though. But if I were Sony, at least I would've jumped ship after I got my money back with the help of Advent Children. No point in sticking around afterwards.
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GrilledEelHamatsu
Posts: 703 |
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They don't need to support PS anymore. The PC business in Japan is healthy and the Arcade market is re-emerging. SEGA's RingEdge 2 and Nu lines have 3rd party support. SE cares more about their domestic market than anything else. |
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AiddonValentine
Posts: 2229 |
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Sounds about right; Sony has been a financial mess for years and no amount of going on about their game business is going to change that. Their electronics is a complete mess; their tvs haven't made a penny in years while they had to sell their computer division. And then there are the headquarters they've gotten rid of. Selling of anything isn't a good sign
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GrilledEelHamatsu
Posts: 703 |
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Cue the delusional fanboys who think SE is doing badly, think they'll continue supporting Playstation when they no longer need to and think that PS4 is leading in Japan when its doing abysmally. You didn't even read the latest sales figures from Dengeki and Famitsu, it is a commercial FLOP out there with barely 13,000 units a week. Console Warriors and their hyperbole. Makes me laugh. Too bad they don't have a clue how business works. |
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Altacia
Posts: 286 |
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This doesn't give enough information to go into panic mode... From poking around Sony didn't even have much/any say in what Squenix did.
Squenix will continue to make games for whatever console/handheld that brings them money. |
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GrilledEelHamatsu
Posts: 703 |
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(Applauds.) Finally, someone else who knows what's really going on and someone who's ignoring the ludicrous hyperbole and fanboy talking points. Sony is nearly $50 billion dollars in red. $15 billion in losses on PS3 and $30 billion dollars worth of capital gone in a decade's time. You don't lose half your entire company capital and expect to be in black. Let's see: In TVs, Toshiba,LG and Samsung outselling and clobbering them 7 to 1. PC Notebooks: Just sold off their division. Expected to gain $3 billion from the sale but still must pay $1 billion of that to stakeholders. Cameras and Camcorders: JVC is beating them. Columbia/Epic Records: Revenue has declined. Sony/Columbia Pictures: Hasn't produced a box office hit in 7 years. Sony Store: Just closed 80% of all its stores in America. Expenditures: Sold off property to pay for PS4. When a corporation rents property they are paying for it through loans meaning, they'll soon be paying creditors back. Credit Rating: JUNK. Meaning 2 years away from bankruptcy. SCEI and its products. PSP: Dead overseas. On life support domestically. PS3: Declining in Japan. Has had overall slow sales overseas during its 7 year lifespan(not helped by $15 billion estimated losses on it. 7 years of R&D+4 years of budget shortfall losses). Vita: Dismal sales worldwide. Modest Japanese software sales but if the product isn't selling, that makes no difference. Vita TV: Bombed in Japan. Despite cheap price. PS4: Got off to a strong start overseas, but completely lacking must-buy software, lackluster software sales and has no exclusives, period. Yield problems causing shortages, still being sold at a loss. Domestic sales, completely abysmal. All of this and their fanboys still think Sony is in black?! |
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GrilledEelHamatsu
Posts: 703 |
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There's little profit left in Playstation domestically as far as SE is concerned. SE is looking at other viable platforms. |
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Letthemeatraep
Posts: 161 |
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Jesus Christ this is just too good to be serious |
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Zac
ANN Executive Editor
Posts: 7912 Location: Anime News Network Technodrome |
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I was about to post a bunch of links that prove this completely wrong but then I thought "why would I bother doing that". Carry on. |
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