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Something is going on at Nexon HQ from news

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  • KensamaofmariKensamaofmari
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    Other news, Comcast is trying to sell its Hulu stake to Disney.
    https://www.cnbc.com/2019/04/25/comcast-is-pondering-a-sale-of-its-minority-stake-in-hulu-to-disney.html

    Disney looks like a popular choice the last few years to make asset sales to.
    Darkpixie99
  • Darkpixie99Darkpixie99
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    edited April 25, 2019
    Other news, Comcast is trying to sell its Hulu stake to Disney.
    https://www.cnbc.com/2019/04/25/comcast-is-pondering-a-sale-of-its-minority-stake-in-hulu-to-disney.html

    Disney looks like a popular choice the last few years to make asset sales to.

    Popular, but never too entirely wise.
    Buy too many companies in one year, and the monopoly police will have their eyes glued on you.
    If Comcast loses Hulu, and Disney bounces out of Netflix partnerships, both streaming flagships will either burn or slowly drown.
    It's not a very friendly look to shake hands for a few years, then suddenly go, "We're launching an app, we don't need you any more."
    In all seriousness, Disney has no idea what they're getting into with Nexon.
    The company is said to be in debt (as all companies are) and games like Mabinogi need serious cash money to revamp.
    Disney has done enough buying for one year, it'd be stupid to buy Nexon without knowing how to turn a profit.
    (*cough* EA and Star Wars Battlefront *cough*)
    In all likelihood, Disney buys Nexon, Disney shuts down Mabinogi and other low earning games the moment Peria Chronicles reaches completion.
    You tear down all of Nexon's currently established and poorly aged games after buying out, and the whole place goes down with a giant boom like Jenga blocks.

    I say pray that Tencent wins, so they can incorporate their comics/videogames/ect and bolster the global media economy. (Even just a smidge.)
    Adding more trade war mechanics to the trade war won't solve any political arguments, it only makes the civilians feel blockaded on all mediums. (But then again, China communism doesn't care. It's probably just normal to them at this point.)
    If Tencent wins Nexon, Chinese and Korean artists will have more visibility on more than just Mabinogi.
    They could probably have Nexon JP and Tencent team up with some company like Line Webtoon to deliver some of the webtoons Nexon KR has been spotlighting.
    If we understand what the other communities like about Nexon and Mabinogi, then we're that much closer to understanding one another.
    (Unless we remain at our current square of nothing happening between Nexon branches and global communities.)

    Kim definitely shouldn't rush this sale.
    You need to find some sort of global balance in this, and I don't think an instant sellout to favoritism is ever a good idea.
    As the KR economy gets worse, the more pity party companies with visible political leaning will add more value to it.
    Politics is the last thing a video game company needs to be involved with in the current year.
    Also by his country's standards, the more the company value will decline if he doesn't do something.
    The competition all have deep pockets, it's not an auction that should be rushed. Go for too long, and the outbids will slow down.
    Yet the longer the bidding period and higher strain on the economy, the more likely the company value will explode with more high valued bidders entering the ring.

    I agree that it's a tough choice for both him, and his country.
    We as consumers come here for videogames, not the complications of politics and trade wars.
    Disney can be good, but they don't always have control of their employees.
    (Look no further than the complaints about the current starlet as Captain Marvel.)
    Amazon is mysterious, but most well known for hosting a trade platform. They will always be making back any investment as a profit.
    It all depends on which company outbids in the end, but I sincerely hope that Mabinogi remains standing after the crossfire.
    It's indeed a unique game that deserves to be polished for generations to come.
    Regretfully, everything depends on who ends up with Nexon in the end, and how they decide to handle it.
  • KensamaofmariKensamaofmari
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    According to Comcast's CEO, they'll still feature their content on Hulu sale of their stake or not, but having a stake where they don't have any say into decision making is not something they want to do long term. Preparing for their own NBC Universal broadband streaming service is what they're aiming for in a couple years. I wouldn't be surprised if they tried to stream content they have acquired globally on the new platform.

    As for Nexon, not sure if they're in a ton of debt. They had losses in the previous quarter's report, haven't seen what their earnings are this quarter. Generally, they have positive earnings in a good number of their markets.

    The worry with Tencent as is the worry with all big corp acquisitions is stability issue and autonomy to continue their current system of work. There is also the chance they might try to inject new blood and reform that would shake things up. Another fear, especially in the western world is Tencent's relationship with the Chinese government and with the uncertain controls of Chinese media what info may be compromised. Of course, that's the fears based off western ideology and propaganda. All countries have their way of restricting media and using it for their own political advantages.

    Based on yesterday's and even other upcoming quarterly reports the next week, the impact on the sale is likely minimal, but it allows strategies to change.
    Darkpixie99
  • KensamaofmariKensamaofmari
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    In other economic news, the US reported that the economy grew by 3.2% in the first quarter, much better than the projected 2.5%. A slight increase in exports and a drop in imports 3.7% change in each. The biggest factor was investment in intellectual property over 8% and other factors such as disposable income increasing by 3%, and prices increasing on avg 0.8%. Prices not including fuel or food increased 1.3%. This is the highest 1st Quarter growth for the US in 4 years.
    Darkpixie99
  • Darkpixie99Darkpixie99
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    edited April 26, 2019
    The worry with Tencent as is the worry with all big corp acquisitions is stability issue and autonomy to continue their current system of work. There is also the chance they might try to inject new blood and reform that would shake things up. Another fear, especially in the western world is Tencent's relationship with the Chinese government and with the uncertain controls of Chinese media what info may be compromised. Of course, that's the fears based off western ideology and propaganda. All countries have their way of restricting media and using it for their own political advantages.
    Based on yesterday's and even other upcoming quarterly reports the next week, the impact on the sale is likely minimal, but it allows strategies to change.

    On the other hand, China may take Korea's style of silent off hand management approach.
    It seems to be the most common tactic to just not say anything that doesn't have to be said or confirmed to any of the communities that don't belong to them or their country.
    The communities could still not be able to mingle, and the developers would still remain as silent as they are now.
    I'm pretty sure the high valued businessmen of Tencent wouldn't actually want to bring in any political propaganda agendas.
    (Disney's employees seem to be rather vocal though.)
    Stuff like that tends to be seen as either shameful or unwanted when trying to sell a product (Nexon games) to "Rich Americans" or anyone else overseas.
    They know politics don't sell, and they can see that comics are crying about being turned into the newspaper's unwanted mutant love child of a political cartoon. It's called observing a stock market for a reason.
    They know how business works, and how to listen. It's probably even why China can turn a profit off literal dollar value products.
    Most of the restricted content in Chinese video games tend to be things Japan is more comfortable looking at.
    (The age old proper visible bare skin argument.)
    When making something international, I would presume Tencent would let other branches censor or remove things as they see fit.
    (It's not their servers if there's no global server merge.)
    Since DevCat developed Mabinogi, Tencent might take a look at whatever is left to see what kind of art style and direction they should go into next. And then that's it.
    These are Chinese developers, and we honestly have no idea what they might do, if anything but try and turn a profit.

  • KensamaofmariKensamaofmari
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    I rather an Asian company make the acquisition though. Broadly similar business culture may cause a lot less turmoil. Of course, there is the risk of switching developers, but I think that DevCat, which has been a fixture and key components of Nexon stays.
    Darkpixie99
  • Darkpixie99Darkpixie99
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    edited May 7, 2019
    Here's hoping nothing changes too much once the bid starts. After the bid... start crossing those fingers that Mabinogi gets to stay.
    image.gif?w=400&c=1

    As for the other side of the planet:

    tenor.gif
  • KensamaofmariKensamaofmari
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    Believe it's pushed back to the 15th.
    Darkpixie99
  • AlshianAlshian
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    Welp if mabi were to disappear its finally time for my soul to move on...
  • KensamaofmariKensamaofmari
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    Alshian wrote: »
    Welp if mabi were to disappear its finally time for my soul to move on...

    Where would it stream off to?
    Darkpixie99
  • KensamaofmariKensamaofmari
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    This is probably why Disney said no.

    https://www.cnbc.com/2019/05/08/disney-earnings-q2-2019.html

    A lot of spending and increased costs and waiting for that money to come back.
    Darkpixie99
  • Darkpixie99Darkpixie99
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    edited May 8, 2019
    This is probably why Disney said no.

    https://www.cnbc.com/2019/05/08/disney-earnings-q2-2019.html

    A lot of spending and increased costs and waiting for that money to come back.
    Yeah, too much for them to already manage.


    The Loot Box Bill has been introduced...
    Articles:
    One
    Two

    Hide your children from gachapons, it's an anti gambling bill! (Ten years in the making.)
    tenor.gif?itemid=10291782
    Nexon better behave if this gets passed!
    1445743875904.gif

    https://www.ign.com/videos/2019/05/08/us-legislation-could-limit-loot-box-sales-to-children-ign-now
  • GretaGreta
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    edited May 8, 2019
    That's a big oof to gaming industry lol. But i fully support it. Gambling should not be advertised to children.

    KensamaofmariDarkpixie99Sherri
  • AlshianAlshian
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    Seen it coming, now its happening.
    Darkpixie99
  • KensamaofmariKensamaofmari
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    Nexon's quarterly report will be released tonight NA time, but everything will be overshadowed by the Sino-US trade dispute.
    Darkpixie99
  • KensamaofmariKensamaofmari
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    Aside from trade wars. server merges, lootbox bills a reminder that
    Quarterly Earnings are coming.
    Nexon bid is coming.
    Darkpixie99
  • ZuomoZuomo
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    Aside from trade wars. server merges, lootbox bills a reminder that
    Quarterly Earnings are coming.
    Nexon bid is coming.

    where would we be able to see it?
  • KensamaofmariKensamaofmari
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  • Darkpixie99Darkpixie99
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    edited May 9, 2019

    So here's where they left off.
  • KensamaofmariKensamaofmari
    Mabinogi Rep: 34,725
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    Consolidated Financial Results for the Three Months Ended March 31, 2019
    https://pdf.irpocket.com/C3659/FMlK/CL7d/lktF.pdf

    Q1 2019 Investor Presentation
    https://pdf.irpocket.com/C3659/FMlK/CL7d/qcdX.pdf