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

Not sure if this is credible or not or if sony can even afford to acquire more studios right now.



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Dallinor said:

Didn't Sony spend close to 3 billion this year alone investing in other companies, acquiring stakes, and even buying out a digital music company?

You seem to bring this topic up quite a lot (Sony's finances) so I presume you've done a lot more research then me (which is virtually none) and you're probably more buisness minded.

So why would a company in such trouble still be on a spending spree?

 

 

The problems which are affecting them are really recent, both the economic crisis and the ensuing currency fluctuations. They're just exacerbated by their previous weaknesses (which are for the most part not specific to them, but kind of general among electronics companies due to high competition).

Haven't you noticed how much more tame and silent they've been since then?

 



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Dallinor said:

Didn't Sony spend close to 3 billion this year alone investing in other companies, acquiring stakes, and even buying out a digital music company?

You seem to bring this topic up quite a lot (Sony's finances) so I presume you've done a lot more research then me (which is virtually none) and you're probably more buisness minded.

So why would a company in such trouble still be on a spending spree?

 

 


Besides buying out BMGs shares on Sony BMG (600 million out of pocket, 900 million total), I can't really think of anything else they've acquired this year.

 

 



FilaBrasileiro said:
Comrade Tovya said:

 

I'm sorry, but you are wrong. MS likely did ship as many units as they did, but they did not sell as many to customers via their distributors as they implied.

Secondly, it's absolutely not illegal to say you shipped more than you did. It is quite embarassing for a company to wrong however.

It would be illegal for MS to say that Sony stole their technology if they don't have the proof to backup the claim. An accusation requires proof or a civil suit can be brought against you for defimation of character at the very least.

Saying you sold 30 million copies of a game you only sold 300,000 copies of is not illegal, it's just embarrassing. You don't know anything about law... which is understandable, because not a lot of people do.

It is immoral, don't get me wrong, but it's by no means illegal. If you think it is, just look up civil code and prove me wrong. Better yet, don't waste your time, I've been sued for similar things before. A judge won't even look at the case unless you can provide undeniable proof that a companies misinformation had direct consequences on your products' bottom line... and even then a judge is likely to throw it out.

Thinking about it, you might be right, it's illegal to put wrong information on the quaterly financials, i.e. what I said would be illegal if Sony put on their earning releases to investors that they shipped 40 million PS3s and made 1 billion on their gaming division. Since companies rarely put games shipped on their earning releases, then they can get away with that. Still I can't think of a time where a company said they shipped 2 million when they really didn't as you suggested.

 

Spot on brother, it is REALLY illegal to be even a dollar off on quarterly financials... I've been audited too, so I know you are right :)

As for for misinformation, that happens everyday.. like Toshiba and HD DVD back during that fight.  Everyday, either Sony or Toshiba was claiming a victory here or there.  That's just part of PR... there is not a single industry that doesn't do it.

It's only illegal when either you lie on IRS filings (as you stated), SEC filings, or shareholder reports, or worse off when you provide documents to a court of law that provide false information (either in pretense or by complete accident).  For civil suits it can be illegal as well... for example...

"We sold 300,000 copies of our game because our competition Sony's version will infect your console with a virus that will render your hardware useless"

Okay, the truth is you only sold 200,000 copies, but that's not what is going to get you in trouble (though it will be embarrassing should the true sales numbers come out).  You better hope to god that their version of the game really does infect their console with a virus and renders it useless or you are going to have a serious judgement placed against your company for defaming their product with undo cause.



MarioKart:

Wii Code:

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1697-4391-7093-9431

XBOX LIVE: Comrade Tovya 2
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Level 5 can remain loyal to Sony and miss out on making more profits on MS and Nintendo systems.



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I would like to see Level 5 be Sony's, but I want my Professor Layton on DS too.



Something does not seem right here.

Level 5 has as many games under development for the DS as Sony systems.

The rumor is found in a little known blog -- with no apparent confirmation on any of the mainline gaming sites.

It took three weeks for a thread to start on it.

I say someone made a funny.

Mike from Morgantown



      


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mike_intellivision said:
Something does not seem right here.

Level 5 has as many games under development for the DS as Sony systems.

The rumor is found in a little known blog -- with no apparent confirmation on any of the mainline gaming sites.

It took three weeks for a thread to start on it.

I say someone made a funny.

Mike from Morgantown

 

I agree completely.  Plus SCE is flat broke, so it's definitely bogus.



MarioKart:

Wii Code:

2278-0348-4368

1697-4391-7093-9431

XBOX LIVE: Comrade Tovya 2
PSN ID:

Comrade_Tovya

if it actually happened, then it would be a swift kick to SE's coconut-sized Balls.



A company with a succesful game gets acquired? Usually doesn't it not work that way haha. Usually if a small company hits it big it stays indepdent becauses it has the ability. Maybe in current times that'll change up, but usually that's not how it works. Oh well I suppose.