Level 5 to OFFER themselves up to SONY if WKC SELLS WELL!!!!!

[NJ5]

FilaBrasileiro said:

NJ5 said:

Ari_Gold said:
so sony keeps losing money for every ps3 sold, yet they'll buy Level 5. that doesn't make sense.

To be fair, Sony's behavior in the past years makes it seem like they're a financially strong company, which is why many people mistake them for one. That's what fuels the illusions that the party at SCE will continue through 2009 and beyond.

Well, never say never... it's still possible that the party will go on as it recently has, but it's increasingly unlikely.

Nothing like a good recession to take the water away from the beach. Now we can see who was naked under the high tide.

 

Sony has always been a financial strong company until about 3 years ago what with the buying of MGM and Blu Ray and Cell costs and stuff like that, I know you love hating Sony, but at least be realistic. And I'll bet you that SCE will continue through 2009 and beyond.

 

1-3% profit margins, massive exposure to currency risk and debt almost as bit as their cash base doesn't scream financially strong to me...

As Kasz216 said, I didn't say SCE would be terminated. Just their spending extravaganzas, and even then I may be wrong since Sony could decide that for some reason "the show must go on".