By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Sony Discussion - Herman Hulst confirms that PlayStation is not done with acquisitions yet

brute said:

Square Enix is too big and also it wouldnt make sense for Sony to purchase them when Square releases all its big games with Playstation as the main platform (except maybe DQ but we'll see what the future holds for that).
Xbox has no benefits whatsoever from Square Enix.

Also doesnt Kojima Productions have an upcoming game/deal with Microsoft? I recall hearing something on that around E3.

Sometimes acquisitions take place just to make sure a competitor can't buy the company out from under you.  In a case like that, it could make sense for Sony to buy Square Enix.  But, I doubt we'll see Sony making an acquisition of that size.  It wouldn't surprise me if Microsoft did it though. 



Around the Network
Kyuu said:

Sony buying one huge group like Capcom, Square Enix or Kadokawa is possible if the acquisition craziness continues. It's definitely not something they wish to do (too expensive for them in normal circumstances), but the risk of multiple publishers skipping Playstation platforms in favor of promoting other platforms or services might be high enough and can cause some serious damage to PS5's potential. I doubt Sony likes the sound of this. It's a shitty trend, but the more get into it, the more the established players will want a piece of the pie to secure their future in a world where Google, Amazon, Tencent, and Netflix are part of the game.

I'm in the opinion that they'll be safe and remain quite dominant without any major acquisitions, I think most companies acquired by 3rd parties won't skip Playstation. But a little bit of paranoia could be enough to push Sony in joining this madness. They CAN buy significantly bigger groups than Zenimax, but they have to be very careful about it and be sure the price is worth it.

What needs to be considered is the reason behind any acquisition if it to protect themselves from losing access to 3rd party titles then a full acquisition isn't the only option. they could hold enough stock to prevent a takeover whether that's by owning a 51% stake or make alliances, another strategy would be to lengthen existing publishing deals and for non published content the use of more general contracts based on ensuring future content.



mjk45 said:
Kyuu said:

Sony buying one huge group like Capcom, Square Enix or Kadokawa is possible if the acquisition craziness continues. It's definitely not something they wish to do (too expensive for them in normal circumstances), but the risk of multiple publishers skipping Playstation platforms in favor of promoting other platforms or services might be high enough and can cause some serious damage to PS5's potential. I doubt Sony likes the sound of this. It's a shitty trend, but the more get into it, the more the established players will want a piece of the pie to secure their future in a world where Google, Amazon, Tencent, and Netflix are part of the game.

I'm in the opinion that they'll be safe and remain quite dominant without any major acquisitions, I think most companies acquired by 3rd parties won't skip Playstation. But a little bit of paranoia could be enough to push Sony in joining this madness. They CAN buy significantly bigger groups than Zenimax, but they have to be very careful about it and be sure the price is worth it.

What needs to be considered is the reason behind any acquisition if it to protect themselves from losing access to 3rd party titles then a full acquisition isn't the only option. they could hold enough stock to prevent a takeover whether that's by owning a 51% stake or make alliances, another strategy would be to lengthen existing publishing deals and for non published content the use of more general contracts based on ensuring future content.

I doubt Sony is gonna pay a few billion dollars for something as humble as securing the mutiplats they're already getting. Would make more sense to add a few more billion dollars and gain 100% the revenue and complete control.

"Okay, Capcom no longer supports our platform because [insert platform-holder] bought them to promote their platform (like Zenimax!). We respond by making all of our Square Enix products exclusive."

It's the shit from nightmares, but not entirely impossible. Gaming is arguably Sony's core business now.



In terms of independent studios, I can see Sony being interested in:

- Camoflaj
- Creative Vault Studios
- Ember Labs
- Hello Games
- MiHoYo
- Arc Systems Work

As well as Deviation, Firewalk & Haven, depending on the success & reception of their projects. I wouldn't count out Sony buying a massive publisher like Capcom or Square either. I mean, Sony buying a publisher is a massive undertaking for them, but they're also in the best position financially than they've ever been, and they have the capital to make strategic investments to weather the consolidation storm that is about to hit the video game industry. 

Last edited by PotentHerbs - on 03 October 2021

Tick tock, flip flop.



Around the Network
gtotheunit91 said:
src said:

FF16 - timed exclusive

FF7R - timed exclusive

Forspoken - timed exclusive

Babylon - console exclusive

KH and Nier could also be timed exlcusive.

Pretty much their entire Japanese division is all in on Playstation. How can anyone call this close with Xbox LOL

SE would never sell Crystal Dynamics, they make Tomb Raider an incredibly strong IP.

Sony has $40B in cash. They can buy SE in cash the next day lol

Microsoft could buy Sony and SE the next day, what's your point? lol

This, and the fact that SE is bloated and only has few skillful people left. SE would be a terrible buy, if it weren’t for their legacy IPs, which SE continues to milk and dilute (FF origins lol).

Nothing SE revealed in the last 15 years touches the quality, polish or ambition of FromSoftware or even Capcom games, they’re just not a good third party developer period.



Kyuu said:
mjk45 said:

What needs to be considered is the reason behind any acquisition if it to protect themselves from losing access to 3rd party titles then a full acquisition isn't the only option. they could hold enough stock to prevent a takeover whether that's by owning a 51% stake or make alliances, another strategy would be to lengthen existing publishing deals and for non published content the use of more general contracts based on ensuring future content.

I doubt Sony is gonna pay a few billion dollars for something as humble as securing the mutiplats they're already getting. Would make more sense to add a few more billion dollars and gain 100% the revenue and complete control.

"Okay, Capcom no longer supports our platform because [insert platform-holder] bought them to promote their platform (like Zenimax!). We respond by making all of our Square Enix products exclusive."

It's the shit from nightmares, but not entirely impossible. Gaming is arguably Sony's core business now.

Now neither scenario is ideal but the alternative question is now Ms has started the ball rolling why spend even more billions on one or two companies that you don't really want, only to have things snowball, when you can go a more cost effect route by targeting your resources across a broader number publishers/studios using a range of strategies to secure a larger number titles, especially when you don't know what and where MS may be targeting.



gtotheunit91 said:
src said:

FF16 - timed exclusive

FF7R - timed exclusive

Forspoken - timed exclusive

Babylon - console exclusive

KH and Nier could also be timed exlcusive.

Pretty much their entire Japanese division is all in on Playstation. How can anyone call this close with Xbox LOL

SE would never sell Crystal Dynamics, they make Tomb Raider an incredibly strong IP.

Sony has $40B in cash. They can buy SE in cash the next day lol

Microsoft could buy Sony and SE the next day, what's your point? lol

I like how you actually pointed out that all the TIMED exclusivity making your point pretty useless lol

I'm obviously not meaning in the same way Sony is, but Square has been bringing a lot of unexpected games to Game Pass, which is great to see a partnership in some capacity. It's pretty awesome seeing Xbox embracing more of the Japanese market. 

Obvious

That you know nothing about mergers and acquisitions.

MS could never buy Sony. Not only would Sony never agree but the JP government would bar it as well. Sony is JP's 3rd biggest company and could soon be 2nd, and has a crucial spot in numerous restricted industries (chips, tech, finance).

LMAO the fact is Sony and Square are closer than they have ever been bar PS1/2 days. They have both agreed on exclusivity on nearly all their JP AAA titles.

Not only that but Xbox misses out on a ton of Square games:

  • Secret of Mana
  • Trials of Mana
  • DQ builders
  • DQ Heroes
  • Babylons Falls
  • TWEWY
  • SaGa Frontier
  • FF Chronicles
  • Star Ocean First departure
  • The Last Remnant
  • Chocobo Mystery Dungeon
  • Dissidia
  • Left Alive
  • SaGa Scarlet Grace

Its actually worse. Square does not release their games on Xbox unless MS pays them for it, and even then its only on gamepass.

I repeat, MS now needs to pay Square to release multiplat games on Xbox.

VAMatt said:
brute said:

Square Enix is too big and also it wouldnt make sense for Sony to purchase them when Square releases all its big games with Playstation as the main platform (except maybe DQ but we'll see what the future holds for that).
Xbox has no benefits whatsoever from Square Enix.

Also doesnt Kojima Productions have an upcoming game/deal with Microsoft? I recall hearing something on that around E3.

Sometimes acquisitions take place just to make sure a competitor can't buy the company out from under you.  In a case like that, it could make sense for Sony to buy Square Enix.  But, I doubt we'll see Sony making an acquisition of that size.  It wouldn't surprise me if Microsoft did it though. 

Sony plans to spend $18B on strategic investments in 3 years. SE has a marketcap of $6B. You bet Sony is looking at acquisitions of that size.



mjk45 said:
Kyuu said:

I doubt Sony is gonna pay a few billion dollars for something as humble as securing the mutiplats they're already getting. Would make more sense to add a few more billion dollars and gain 100% the revenue and complete control.

"Okay, Capcom no longer supports our platform because [insert platform-holder] bought them to promote their platform (like Zenimax!). We respond by making all of our Square Enix products exclusive."

It's the shit from nightmares, but not entirely impossible. Gaming is arguably Sony's core business now.

Now neither scenario is ideal but the alternative question is now Ms has started the ball rolling why spend even more billions on one or two companies that you don't really want, only to have things snowball, when you can go a more cost effect route by targeting your resources across a broader number publishers/studios using a range of strategies to secure a larger number titles, especially when you don't know what and where MS may be targeting.

Honestly, it's becoming difficult to tell what is more cost-effective than what in the current state of affairs. If MS and the new giants are serious about this and we hear of a couple more Zenimax-tier acqusitions, Sony is probably going to step up their game and take financial risks because "not taking risks" may be a huge risk in and of itself. And I guess people shouldn't complain because apparently all types of acqusitions are equal and they're better for the consumer than paid deals lol.

Let's hope the majority of reputable studios acquired won't soon get closed or downgraded following the inevitable cases of failure from their new parent companies.



I ask dear colleagues, how much is Capcom worth today? And kadokawa (since buying only Fromsoftware would be nearly impossible), how much would the entire Kadokawa conglomerate be worth?

If you ask me... Capcom > Zenimax / From Software > Bethesda Softworks.



Prediction: In 5 years Nintendo will Lauch a "Core Mario game"  very similar to Astro Bot. That said, many will Ignore Astro Bot existence and say Nintendo created this concept.