Unlike a lot of companies Nintendo is still making plenty of money during this crisis.   I don't see why they would even need a capital infusion.  The only thing going bad for Nintendo right now would be their rollout of their theme park sections in Universal parks and I have a feeling that Universal is taking more of hit than Nintendo on that one.   While they might not need it I guess more cash is good?

I hope that guy that shorted Nintendo last year with millions cashed out recently.

$1 billion in shares is not a trivial amount, but it still only amounts to like a 2-3% ownership stake, which doesn't given ValueAct anywhere close to the authority to force things. They can suggest things and I'm sure Nintendo will take their call and listen, but they can't dictate anything.

I won't get my hopes up, there is no way they have enough influence to make Nintendo a better company.

Brain was misfiring due to just waking up so my post wasn't that well put together.  I read the article or at least Reuters article covering the story and it appears that they are more behind the scenes "activist investor" than the ones that bitch and moan publicly what the company should do.  So this is probably why Nintendo doesn't mind and have met with them.  They have met a few times already and ValueAct stated they liked what Nintendo's CEO had to say about direction he plans on taking the company.  So it appears that they might try and influence Nintendo some but doesn't mean Nintendo has to act especially considering they only have 2% of shares. 

So I was negative at first when reading title to article but now I am positive.  I just don't like those activist investors that scream bloody murder on CNBC, Bloomberg, etc..  Almost like they are more trying to self promote themselves than actually help the company.  I just didn't want to see news articles from this investment group demanding Nintendo to change things how they saw fit and since they are behind the scenes I suppose we will be spared those articles.

Nice to hear that they wanna to make Nintendo big on entertainment business, but using EA and Activision as parameter doesn't smell well. 

 We can all hope that their focus is beyond the console game industry, instead of changing its core. Not that I think that they can possibly change Nintendo's strategy in a radical way, but to at least having constructive ideas during their meetings

Better online services for Nintendo - I'm all for it.
Using EA and Activision as models (as suggested by the company) - HELL NO!

Using EA and Activision tells us one of two things: that they either know nothing of the videogame industry, or they know EXACTLY what's going on in the industry. Neither option is good.

Dead on!!!

If any of this results in Nintendo getting their act together with anything online then all fans should be on board with this.

I have great respect for a Nintendo but we all know their online is stuck in 2004 and them not having a universal online shop of hundreds of their first party games from generations past is a missed opportunity.

I think the title of the thread "want to make Nintendo as fully digital entertainment" is misleading.  I read the tweets and the linked article and couldn't find that phrasing anywhere.  

"Nintendo’s future is bright, ValueAct wrote in its letter, adding there is potential for growth both in the software business and room for the company to transform itself into a broader entertainment company."