After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

[Leasy]

Sony going to be bought soon within the next 5 to 10 years by a giant just hope it's not Tencent.

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could lead to greater consolidation in the $188 billion video games market, according to a new report from venture capital firm Konvoy, which was shared exclusively with CNBC.
The likes of Activision Blizzard, Electronic Arts, Singapore’s Sea, Japan’s Nintendo and Bandai Namco, South Korea’s Nexon, and China’s NetEase, currently hold $45.1 billion in cash and cash equivalents, according Konvoy, which cited these companies’ latest public reports.

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Activision Blizzard, Electronic Arts and other public gaming firms hold $45.1 billion in cash and cash equivalents, according to venture capital firm Konvoy.

www.cnbc.com

 

[Rekkapryde]

Man stop being goofy and Go play Spiderman 2 man. Enough of these bozo xbot cope threads

 

[Grand Conde]

"Sony going to be bought soon within the next 5 to 10 years by a giant just hope it's not Tencent."

I legit don't understand why this moron is allowed make posts.

 

[Gizmo_Duck]

You know when you’re looking more forward to imaginary acquisitions than games, shyt is looking dire

 

[Rekkapryde]

My Xbrehs down bad.

 

[ColdSlither]

You’re sounding like the Jim Cramer of The Arcadium.

 

[Diondon]

 

[Loose]

I definitely can see sony being bough by someone not that I want that but their other businesss outside of gaming isn't doing so hot. If they have a slight downturn in gaming or a bad bet they could be disastrous for the.

 

[winb83]

Sony going to be bought soon within the next 5 to 10 years by a giant just hope it's not Tencent.

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could lead to greater consolidation in the $188 billion video games market, according to a new report from venture capital firm Konvoy, which was shared exclusively with CNBC.
The likes of Activision Blizzard, Electronic Arts, Singapore’s Sea, Japan’s Nintendo and Bandai Namco, South Korea’s Nexon, and China’s NetEase, currently hold $45.1 billion in cash and cash equivalents, according Konvoy, which cited these companies’ latest public reports.

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Activision Blizzard, Electronic Arts and other public gaming firms hold $45.1 billion in cash and cash equivalents, according to venture capital firm Konvoy.

www.cnbc.com

After the $29 billion in back taxes?

 

[Rekkapryde]

After the $29 billion in back taxes?

 

[gurf]

You know when you’re looking more forward to imaginary acquisitions than games, shyt is looking dire

This. Folks out here pocket watching instead of recommending/anticipating games. shyt is getting corny.

“who cares about games, we’re winning in revenue” is nasty work

 

[5n0man]

Crazy how the narrative went from "Microsoft has to buy up the industry because they can't compete with Sony" to "Sony is broke and barely surviving, they might get bought soon"

 

[Half A $]

How much of a lame c*nt do you have to be to have Starfield and Forza out within the last month but you're trying to cheer on buying more companies

 

[MoshpitMazi]

Crazy how the narrative went from "Microsoft has to buy up the industry because they can't compete with Sony" to "Sony is broke and barely surviving, they might get bought soon"

But sony is struggling... The gaming market isn't nowhere near the same as it was generations ago.. Times are obviously changing.

 

[Gizmo_Duck]

Crazy how the narrative went from "Microsoft has to buy up the industry because they can't compete with Sony" to "Sony is broke and barely surviving, they might get bought soon"