Sony paid $229 million for Insomniac

[Pemalite]

Jpcc86 said:

Mostly in cash?

It isnt that much tho, is it? I think EA paid over 400m for Respawn back when the only game they had was Titanfall. Whereas Insomniac has been consistently doing great games for decades (as far as im concerned they're yet to make a bad game) and their latest game sold well over 13m copies. 

I think EA was betting on Respawn knocking it out of the park considering that they consisted of Call of Duty veteran developers.

But it is a fairly low price, obviously Insomniac will get more out of it like more resources, technologies and financial support in the future which means they will cost more than the raw numbers might otherwise imply.

twintail said:

Sony doesn't own Spiderman. They never have and they never will.

They have the licensing rights for movies and then Disney now has merchandising rights which means Sony has less stake in the property.

Marvel and Insomniac have both stated that the gaming deal came because Marvel approached Sony to make a game on any IP. Sony went to Insomniac. Insomniac chose Spiderman.

It's that simple.

This.

Sony own the film franchising rights, everything else, video-games included is all Disney/Marvels.

Mr Puggsly said:
That seems like a lot to me given they didn't get any notable IPs.

It clearly a talented studio, maybe they have other projects we don't know about.

They get a developer with a very solid track record... And chances are will continue to make solid titles.

I mean they did bring us:
* Spyro.
* Ratchet and Clank.
* Resistance.
* Sunset Overdrive.
* Spiderman.

I think they have proven themselves, because all those games were enjoyable as heck. Sunset Overdrive for instance is *still* one of the best Xbox One exclusives. (Even if it was inspired by Jet Set.)

twintail said:

Azzanation said:
Considering how much money Sony and Xbox earn via Subs, i am suprised they havnt brought the whole industry out.

The price for Insomniac is dirt cheap however curious to know why the price was that low when compared to Mojang whose value was $3b for basically 1 IP while Insomniac would have afew IPs and a incredibly successful Spider Man game.

Their most popular IPs belong to Sony. SM isn't theirs either.

Maybe MS overpaid for Mojang. Maybe not.

Simple really. 

Minecraft is a massive franchise. It's the best selling game of all time at 180~ million copies sold.
Has almost hit 500~ million users, has over 100~ million active users... Has also extended into more forms like a ton of Merch, Novels and so forth... And as a developer, they have low overheads as it's a relatively small team.