Blizzard Buys Candy Crush for $6 billion with a B

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lupi

lupi

Lifer
Apr 8, 2001
32,539
260
126
Just checked, it's still not April first.

Maybe they'll have little bags of candy in the con goodie bag this week.
 
JTsyo

JTsyo

Lifer
Nov 18, 2007
11,981
1,100
126
They bought rights to the game or bought the company King? link?
 
X

xantub

Senior member
Feb 12, 2014
717
1
46
Fast forward 2 years...
Activision reports $2B losses from adjusting down projected earnings from their acquisition of Candy Crush
 
B

BSim500

Golden Member
Jun 5, 2013
1,480
216
106
JTsyo said:
They bought rights to the game or bought the company King? link?
Click to expand...
They bought King:-
http://techcrunch.com/2015/11/02/ac...r-king-digital-entertainment-for-5-9-billion/

$6bn for a handful of "match 3" 'games' that themselves are just "themed" rip-off clones of 10-15 year old Popcap stuff like Bejeweled, Chuzzle, Zuma, Luxor, etc. The "modern development model" of "monetizing" customers to the tune of $22 avg each for renting exactly the same stuff that you could buy outright for $5-10 from Popcap with no nagging "in-app purchases" over a decade ago purely because it's "moe-bye-ul" just about sums up the mobile gaming industry (and the gullibility of mobile gamers) for me. :rolleyes:

And King are an obnoxious developer. They tried to trademark the word "candy" then later trolled the devs of "The Banner Saga" for having the word "Saga" in it. I wouldn't give them even $5.90, let alone a comical $5.9bn.
 
Rakehellion

Rakehellion

Lifer
Jan 15, 2013
12,181
35
91
xantub said:
Fast forward 2 years...
Activision reports $2B losses from adjusting down projected earnings from their acquisition of Candy Crush
Click to expand...

Candy Crush has been losing users over the past few years, so it seems strange that they'd buy this particular freemium title.
 
sweenish

sweenish

Diamond Member
May 21, 2013
3,656
60
91
lupi said:
And whose name got changed when that financial transaction occurred?
Click to expand...

What's in a name?

Activision owns Blizzard. Period. The name combining was just to appease the WoW base, the whole reason for the purchase. It didn't go the other way around. Blizzard received money from Activision. Not the other way around. I don't see what's so hard about this.
 
Aikouka

Aikouka

Lifer
Nov 27, 2001
30,383
912
126
sweenish said:
What's in a name?

Activision owns Blizzard. Period. The name combining was just to appease the WoW base, the whole reason for the purchase. It didn't go the other way around. Blizzard received money from Activision. Not the other way around. I don't see what's so hard about this.
Click to expand...

Activision did not buy Blizzard. Blizzard has pretty much never had full autonomy. They've almost always been owned by some third party, and one of those third parties was Sierra. Sierra was absorbed by Vivendi Games. Vivendi is a rather large French multimedia conglomerate, which ended up merging its games division, Vivendi Games, with Activision to form Activision-Blizzard. Activision-Blizzard has since bought a considerable amount of stock back from Vivendi, which means they have majority control. The thing is... Activision and Blizzard are still two companies under the Activision-Blizzard umbrella; however, Kotick, Activision's previous CEO, is the CEO of Activision-Blizzard. So, you could argue that the previous leader of Activision now has control over Blizzard.
 
TeknoBug

TeknoBug

Platinum Member
Oct 2, 2013
2,084
31
91
It's the type of game where you can go fairly far if you're decently skilled then it'd stop you dead in your tracks then force you to either buy currency or spam Facebook friends about the game in order to move on. Perfect example of what Freemium games are all about.

Maaaaaaaaaaaaaaybe Actizzard will get rid of that element of the game?
 
C

CU

Platinum Member
Aug 14, 2000
2,415
51
91
sweenish said:
What's in a name?

Activision owns Blizzard. Period. The name combining was just to appease the WoW base, the whole reason for the purchase. It didn't go the other way around. Blizzard received money from Activision. Not the other way around. I don't see what's so hard about this.
Click to expand...

While Activision did pay for Vivendi Games. Vivendi became the largest shared holder of the company Activision Blizzard. So, they merged with a company but were not the largest share holder of the new company. Then in 2013 Activision Blizzard paid 5.8B to regain control. It is a new legal company now with the name Activision Blizzard. Activision Blizzard is the parent company of Activision and Blizzard. Activision doesn't own Blizzard.

Edit: Looks like I got beat to my history lesson by Aikouka
 
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R

Ricochet

Diamond Member
Oct 31, 1999
6,390
19
81
This is just damn sickening. Why try to innovate when you can rip-off other games, dress it up a little (ie lipstick on a pig), give it a different name, and profit.
 
paperfist

paperfist

Diamond Member
Nov 30, 2000
6,539
286
126
www.the-teh.com
Ricochet said:
This is just damn sickening. Why try to innovate when you can rip-off other games, dress it up a little (ie lipstick on a pig), give it a different name, and profit.
Click to expand...

Eh China's economy has been doing it for eons.

But I hear you, insanity meets insanity. I should start making simple candy games in my basement and cash in.
 
JSt0rm

JSt0rm

Lifer
Sep 5, 2000
27,399
3,947
126
the casual gamer market is orders of magnitude larger then all of the crap we drool over. Not saying this is a good deal but the potential numbers are bigger for that reason.
 
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