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Best rumor I ever heard

Creator: caucheka April 27, 2012 2:47am
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caucheka
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Quoted:
Shares of Electronic Arts Inc. got a boost Thursday after rumors floated that a Tokyo-based online game company was thinking about buying the U.S. video game maker.

Quoted:
THE SPARK: Bloomberg said in a report citing South Korean business daily Maeil Business Newspaper that Nexon Corp., a South Korean company with headquarters in Japan, contacted EA about a possible buyout. Both EA and Nexon issued statements saying they don't comment on rumor or speculation.

Quoted:
BACKGROUND: Though not widely known in the U.S., Nexon is a large online game company with more than 3,400 employees. It pioneered the free-to-play business model for online games that's now used by Zynga Inc. for its popular Facebook games. Nexon's games, mostly played in Asia, are more immersive and complex than your typical "FarmVille." The company makes money by charging for virtual items and experiences in its games. In 2011, it earned 25.7 billion yen ($256.9 million) and revenue of 87.6 billion yen ($1.13 billion).

EA, whose fiscal year ended in March, is expected to report revenue of $4.17 billion for the full year.

Owen Mahoney, Nexon's chief financial officer, had previously worked as a senior vice president at Redwood City, Calif.-based EA, where he was responsible for acquisitions among other things.

SHARE ACTION: EA's stock rose 91 cents, or 6.1 percent, to $15.92 in afternoon trading. If Nexon did want to buy EA, now might be a good time — the stock has been trading near its 52-week low of $14.48.

Still, it would be tough. Nexon is larger than EA but not by much. EA's market cap is about $5.3 billion. Nexon, which trades on the Tokyo Stock Exchange, has a market capitalization of about $8.5 billion.


HAHAHA, DEAR GOD. THIS IS JUST.. THANK YOU BASED GOD.

for those who don't know, nexon is a company that makes tons of free to play cash shop (usually with pay to win ****) mmos. most notably maplestory.
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Searz
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So basically 2 ****ty companies joining forces?
I bet they'll release a completely new level of **** onto the market.


Like F2P games with DRM. That would just be hilarious.
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Nighthawk
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^ Exactly


Toshabi
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Searz wrote:

So basically 2 ****ty companies joining forces?
I bet they'll release a completely new level of **** onto the market.


Like F2P games with DRM. That would just be hilarious.



Nexon isn't THAT bad.
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MasterShorty
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yes....they really are. Pay 2 win....sucks sooo hard. And their games arnt that good anyway...
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davidcarl
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SO TRUE!!!
To think they said all that stuff.
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This will be interesting.....
Diesel
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As intriguing of an offer as this is, there's no way in Hell EA would give up their independence.
ShiftyCake
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Nexon isn't Pay 2 win, They are F2P. There shops are available for all the impatient poeple in the game and are not required to be able to complete the game.

I admit that quite a bit of Nexon's "cool stuff" originates in their shop and yet it's not all that expensive to buy and is't required to buy. any people seem to diss the F2P genres, not realizing that they do in face need money just like the rest of the companies.

Yes, you can complain about it not being entirely free, but then you didn't read the words properly. Free 2 Play. A totally free game doesn't exist and, for those people poorer then the rest, having a genre that doesn't require payment to play is very comforting and useful. In fact, if you search for long enough, you can find games that are totally F2P. As in, you can buy everything from the item mall with in-game money. It's just way more expensive, is it once again comes down to impatience.

F2P only becomes P2P if you don't know how to be patient.
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MDC
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People dissing free to play while playing LoL, so much irony.
On the other hand, I'll check out, how f2p are Nexon games, before judging.
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