Embracer Group may need bagged itself a bargain however hypothesis suggests {that a} Sony Sq. Enix acquisition remains to be a risk and much more so now that the writer has offloaded its non-profitable Western improvement enterprise. Sq. Enix has evidently struggled to make the likes of Crystal Dynamics and Eidos Montreal worthwhile in recent times, reportedly making losses of as much as $200 million between Marvel’s Avengers and Marvel’s Guardians of the Galaxy alone. Now, journalist and insider Jeff Grubb means that with the latest Embracer Group deal, Sq. Enix primed itself for an eventual sale.
Why there’s speak of a Sony Sq. Enix deal
Bear in mind the massive PlayStation Studios acquisition rumor that a number of insiders claimed to have heard final month? In keeping with Grubb, it was a Sony Sq. Enix acquisition. Nevertheless, contemplating that all these talks are often extremely categorized data, there’s no technique to verify if this rumor is true.
OK. I’ve mentioned this a thousand occasions, however there’s all the time somebody who’s listening to it for the primary time: We by no means actually hear sufficient to report on acquisitions with any certainty. Sony buying Sq. was the massive rumor. However I CANNOT affirm that. And I proceed to not know. pic.twitter.com/5ZKJruszCE
— Jeff Grubb (@JeffGrubb) May 3, 2022
Don’t get hung up on the blockchain stuff. It appears to me that Sq. CEO is fixated on it as a result of he thinks it helps him in negotiations and earnings calls — however potential consumers can see by it. pic.twitter.com/wJBXIktMRy
— Jeff Grubb (@JeffGrubb) May 2, 2022
Whereas it’s believable that Sq. Enix is priming itself for an eventual sale by shedding its liabilities, who baggage the writer is one other matter. Sony does have historical past of carefully working with the corporate (it additionally beforehand held a stake in Sq. Enix), and it simply so occurs that the likes of Remaining Fantasy and Kingdom Hearts alone would make for a profitable deal, with Remaining Fantasy XIV partially satisfying Sony’s renewed urge to develop its dwell service portfolio. As for why Sony didn’t snag these IPs that went to Embracer Group, profitability is a serious concern and it’s attainable that they don’t match into the corporate’s imaginative and prescient for the longer term. In addition to, Sony already has a solution to Tomb Raider in Uncharted.
That is all hypothesis, after all, however an attention-grabbing state of affairs nonetheless. All eyes shall be on Sq. Enix’s subsequent transfer.
In different information, Prince of Persia: The Sands of Time remake seems to be in development hell, and Marvel’s Avengers’ future is now uncertain.
