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Mergers & Acquisitions | Sacred Symbols+ Episode 125

We are in a period of unprecedented corporate consolidation in the gaming industry. Microsoft's purchase of Bethesda is obviously the biggest recent example, but indeed it's happening everywhere: Take Two and EA had a bidding battle over Codemasters, PlayStation purchased four studios in this calendar year, and even new entities like Kepler Interactive are giving indies a way to buttress each other and not sell-out to the big guys. In other words: There's a lot of moving and shaking going on, all of it is financial and strategic, and it can all be a little confusing for the uninitiated. That's why I (Colin) invited Last Stand's legal analyst, Rick Hoeg, onto the show to talk about what this all means, how it all works, and what future possibilities may await us. Will Microsoft gobble up EA or Take Two? Will Sony fight back with Square Enix or Capcom? The possibilities, as you're about to find out, are endless.

Comments

Hose A Contra Razz

He said Microsoft can buy Square but I thought Japanese companies can not be bought out buy foreign companies? Or was that just a fake news?

Anonymous

Hey new to patreon and i’ve just subscribed. Is there a way to listen to the ss+ podcast outside the app? Ex: apple podcast

easelgames

You're remembering in half-truths. There's no provisions on foreign companies purchasing Japanese business'. The thing is more so that those in *charge* of said Japanese business', don't typically like it . It's more of a "you don't do that" thing rather then an actual law.

LastStandMedia

Yes! Use RSS. https://support.patreon.com/hc/en-us/articles/212055866-Subscribe-to-your-Audio-RSS-link-on-the-Patreon-app

Anonymous

Would Sony buying Epic stock have been a good excuse for their lawyers to be in long term M&A action?

Miracle Peach

Colin, you’re the man. Love the variety of content you continue to bring. I love investing and finance, but I still learned some stuff here. Super interesting to hear from an expert like Mr. Hoeg. You’re killing it, Colin! Thanks for all you do. Gonna go up my sub level now.

Andrew Gambill

Any LSM content with Hoeg is excellent.

JusticeSoulTuna

Another interesting legal discussion. Thanks!