3 ms·
This is such a stupid mess. Embracer spent billions on acquisitions just to then destroy all the studios a few years after. I was also a part of one of their ac
by coffeebeqn 3y ago
This is such a stupid mess. Embracer spent billions on acquisitions just to then destroy all the studios a few years after. I was also a part of one of their acquisitions that they shut down after a few years (this was before the bubble burst)
- ahartmetz 3y agoAre people already calling them Extinguisher? If not, it's time.
- willis936 3y agoThey're transitioning from Extender to Extinguisher.
- kaonashi 3y agothe main benefit from mergers is increased profitability due to reduced competition; cancelling titles doesn't harm that goal
- sp332 3y agoThey were planning to get a couple billion dollars from investors. Now that that deal is off, they don't seem to have any plan.
- slowmovintarget 3y agoLower taxes by reducing "assets?" Kind of like Warner Bros. WB is looking to acquire Paramount and one quick way to reduce tax liability is to snap them up, then literally permanently delete their shows and movies. Boom! Instant bottom-line "positivity."