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Is Disney Ready to Take Over Nexon? Possibly, According to a S. Korean Newspaper
SBFord
Former Associate EditorMember LegendaryPosts: 33,129
Is Disney Ready to Take Over Nexon? Possibly, According to a S. Korean Newspaper
The Korea Herald business section is reporting that Nexon Chairman Kim Jung-ju has approached Disney to discuss acquisition. Kim has said, "What I envy the most about Disney is that they do not force money out of kids. [Consumers] gladly pay Disney. Nexon has a long way to go. Some people hate Nexon to death." Kim and his wife currently own 98.64% of Nexon stock and announced in January their intent to sell. Up to recently, the short list included, among others, Tencent, Kakao, and Netmarble.
Comments
How comes EA still has the licenses for a couple of their ip's if they really do not do this. Referring to the Battlefront 2 fiasco mostly.
Well, what does their contract say?
Is there an immediate "I'm out" clause or does EA get a grace period to change things around?
Or maybe the agreement is a simple "we get to make x amount of games and then the option to continue if Disney is satisfied."
Again, it's all about their agreement.
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and EA pissed their pants and fixed their shit.
Does anyone need more evidence that the founders of gaming companies had a very different vision of how to make revenue to what holds sway today? A computer and art graduate he has not exactly had an unblemished career but is also a philanthropist. Unlike the baulk of executives in gaming today his background is not just "being an executive in big companies" and this is why he has issues with how Nexon make their money.
Sounds to me like Kim Jung-ju either hasn't had an offer from Tencent, Kakao, Netmarble and whoever else or hasn't had a big enough offer and this is just stirring the pot.
a) senior management has their recent acquistion + their move into TV streaming to oversee; would they want to oversee a game company purchase at this time?
b) Disney "got out of making games themselves" - for their own reasons but I don't see anything that will have changed their thinking. Other companies pay them to make games based on their IPs. Close to zero risk in that approach.
c) If anything the gaming business has gotten harder since they pulled out. Most recently Activision Blizzard paid big money for King .... it hasn't gone well. Prior to that EA bought PopCap (Plants vs. Zombies) and PopCap - they didn't go well. Rovio (Angry Birds) and Zynga (Farmville) were once highly valued companies - that no longer are. Buying Nexon would be a big risk.
c) buying Nexon wouldn't add any strong IPs that they could use in films, TV etc. Yes they could make a Maple Story film and market it to death but .... There is no Final Fantasy, no Elder Scrolls, no "big" IP that they could use in other parts of their business.
I think Nexon paying Disney for using their IPs is at least as likely as Disney buying Nexon!
Exactly, there's only one company that has IPs that really fit within Disneys wheelhouse, and it's Japanese.
They should be focus on what EA is doing with the Star Wars IP. As big as Disney is i'm starting to think they are afraid of EA.
I am boycotting anything Disney if Nexon is now part of them too.
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Kim Jung: Ok.. we need to fleece our players for money.
Nexton: Will do.
Kim Jung: What you do? They hate us now!
Nexton: We fleeched the shit out of them.
Kim Jung: Disney, I heard you were good with fixing shit.. can you fix my shit?
Disney: Hummm.. we think about this.
Reading the article might help before commenting.
Why would you wish for a world like that?
When it comes to "hated companies" I suggest Disney don't feature that highly.
I retired retroactively..Haha
After Gazillion and EA it kind of feels like they have lost faith in western developers so don't see it as too far fetched that they'd invest in a eastern one.
Can you imagine a Hyper Universe reskinned with Disney characters like Wreck it Ralph and Elsa, people may actually like/buy/play that.
Does Disney want to buy Nexon? Gee I read in the article that Nexon had approached Disney. And nothing at all about Disney wanting to buy Nexon. Silly me.
Is there a competition going on to replace Sarah "not founded on anything" Sanders?
Gazillion was a poor choice from the get go, but by the time the closure loomed, they had finally gotten something interesting together. The console versions were actually very popular, but it was a too little too late scenario.
We'll see what Disney does next, but buying nexon isn't a good idea imo.
You're lucky to have tried it. After IC closed I would've really liked to play End time arena but didn't have the option to.
What I was saying in my post though is that Disney has a lot of functional working relationships with Korean companies and have for many years. In the case of Future Fight Disney even lets Netmarble create their own Marvel Characters when they barely allowed Gazillion to license/use certain skins. I think at one point they even pulled all F4 material from MH for unknown reasons.
If Disney decides to buy Nexxon and that is a big if, I can see Nexxon being more of a regional headquarters for Disney in asia and possibly their main developer of Disney IP mobile games worldwide.
If I want a world in which people can purchase success and power with cash, I'll play Real Life. Keep Virtual Worlds Virtual!