Embracer, a failed Swedish megacorp that went into an ultimately disastrous (mostly vidya studio) acquisition spree, has split. One third of it was reorganized under Asmodee which Embracer owns, and they dumped $900 million of their debt on Asmodee.Interesting times ahead for Asmodee and all of it's subsidiaries.https://www.wargamer.com/board-games-publisher-asmodee-900-million-debt
List of Asmodee's subsidiaries.
>>92588534>There was no safety. There was no pride. All there was, was money. Everything became money, and money became everything. Money treated us as if we were things, and we died.
>>92588534I swear the way corps and banks just arbitrary transfer debt is wrong.I've seen so many companies fail because they get bought out by something like private equity and then they transfer the debt generated by the purchase onto the company they bought.
>>92588534I've only been partially paying attention, but isn't this all because they tried playing the same funny money every megacorp does, but one Saudi pulled out at the last minute?
>>92588585Besically yeah. They kept acquiring new companies to inflate value their stock because they were expecting to sell out in a multibillion deal to the Saudis. The Saudis then pulled out of it at literally last second and Embracer got stuck with massive corporate bloat and crushing loans they never expected to actually afford.
>>92588565There was never honor, that is an invention of the kings to control the masses.
>>92588582>Look into it>It's the same laws that allow debt collectors or rich assholes to buy a company's debtSeems like it's very against the spirit of the law to force your own debts onto a smaller sub-section of your own company.
>>92588582>I swear the way corps and banks just arbitrary transfer debt is wrong.The purpose of a system is what it does.It is only wrong because you don't benefit from it. But the system is working as intended.
>>92588606It is obvious, but no one is going to change it.
Oof. This was going to suck before. It's going to suck even harder now.
Hold on, is it real debt or just debt owed to another (((institution)))?
>>92588762Real debt. Embracer / Asmodee is nowhere near big enough to get into the imaginary money club.
Hmm this could be interesting with regards to Middle Earth EnterprisesThese are the rights to the LotR and Hobbit films that Tolkien famously sold off cheap in the 70s, that the Tolkien Estate has never got back, that became the Peter Jackson films.This is also where GW has the license to their wargame from.It's also why the Rings of Power TV show had such limited source material to draw from, basically the appendices of the main LotR books that weren't in the 70s sale.
>>92588872i think Embracer now owns the estate wholesale now and several people have assumed tat why GW hasn't done much with MESBG because the licence could be ripped away at any time similar to what happened with C7 and LOTR RPG licence
>>92588534Good. Asmodee is a cancer on boardgaming.Hopefully they will dissolve and smaller studios will be more reluctant to sell out in the future
>>92588898Nah the Tolkien Estate his family runs still owns the rights to most of his works, just happens that JRR himself sold probably the juiciest part cheap and it's changed hands a couple of times over the years.https://en.wikipedia.org/wiki/Tolkien_Estate>GW hasn't done much with MESBG because the licence could be ripped away at any time similar to what happened with C7 and LOTR RPG licenceThis is true, C7 were licensed through MEE too.https://en.wikipedia.org/wiki/Middle-earth_EnterprisesAs such I don't think GW have much right to make stuff for the wider Legendarium.
>>92588534I hate how FFG was absolutely gutted ( Star Wars miniatures, all their RPGs) because these idiots thought they could make a quick buck. Now they get to cut their losses and run, but FFG is probably fucked. On the other hand, this is what you get (and deserve) when you sell you company to a bigger company.
>>92588534I don't understand how this is legal.I mean, I understand the mechanics of it, but it boggles my mind that it's legal for a company to dump all their debt on a small part of themselves amd spin it off as a giant fuck you to creditors and the people who work in the departments that are now a sacrificial lamb.>Corporation n.: An ingenious device for obtaining profit without individual responsibility.>-Ambrose Bierce, The Devil's Dictionary
>>92588950Maybe... capitalism... bad???
>>92588534>>92588536Time to buy GW stock
>>92588843>Savvy Gaming Group (later Savvy Games Group), a company wholly owned bySaudi Arabia's Public Investment Fund, invested about $1 billion into Embracer Group in June 2022Hard to find but it doesnt seem to be real money
>>92588898I doubt the deal behind MESBG is structured in a way were MEE can choose to end the licensing. More likely, it’s either a limited run, or GW has the option to keep extending it as long as they make a reasonable effort to keep putting out product. I think it’s probably the latter, where GW keeps MESBG on life support so they can essentially squat on the IP rights. If not, I’m sure some of their competition would love a crack at that license
>>92589175I've always wondered why some of the GW minis have copyright of New Line Pictures on the boxes and tabs. Like aren't NLP just a fellow licensee of MEE?Like I know most of GW's stuff is based off the movie designs
>>92588902This. No sympathy.
>>92589199It might be for stuff that's exclusive to the movies or not really featured in the books, like the exact look of the Minas Tirith soldiers (they have chainmail in the books, not plate, iirc) or Tauriel? I dunno, just guessing.
>>92588950>>92588606Money stopped having anything to do with real world resources centuries ago, and it is now basically a magic spell that lets you enslave people.
>>92589165>Savvy Gaming GroupGiven the scale of screw-up that has just occurred, I'm going to say that they don't appear to have been particularly savvy.Still. Given how many assets Asmodee has that can be resold, if they were to hold a fire sale prior to (or to avoid) being wound up... would that be a good or a bad thing for the market? They are very dominant as a distributor in the UK, meaning that (as with Diamond Comics) they effectively hold a monopoly - with all the pros and cons that entails for retailers, and in turn for those retailers' customers.
>>92588950Well, the same people cycle in and out of the corporations and government positions, they are essentially all the same mono entity.
>>92588608>It is only wrong because you don't benefit from it.Actually, literally, full force fuck off.Its wrong because it is evil mate.
I thought the market was supposed to bring efficiency and good for all?
>>92589586The issue is that the initial capitalists couldn't imagine the financial witchcraft inventing the stock market would enable and the system was formulated in a low-debt backed-currency environment. This results in cataclysmic distortions on a regular basis as ludicrous amounts of risk are taken with other people's money.
>>92589510Watch him go into a multi-paragraph rant about how evil doesn’t exist, that it’s just a personal judgement of value (which should have been fucking obvious from “I swear” to anyone not on the spectrum).That being said, you’re just as much of a mong for using recursive logic like it’s a trump card. Next time point out that the “intent” of himself as a system was to be a functioning human being, and he’s clearly not doing that so his entire premise is in shambles.
Well this sucks. Atomic mass has been doing some great work with skirmish games.>>92588606Don't be so antisemitic
>>92588534A new rpg will emerge:Corporate Crime & Banking Cartels®The Way of the Capitalist
>EDGE might go under and not be able to fuck up L5R anymoreBittersweet but Ill take it after Adventures In Rokugan
>>92588534Oh no a company of fuckheads who bought a bunch of games and ditched them will have the bad time. >>92589746>mcp capeshit >starwars pump and dump, kills xwing>great work lmao even
>>92589746Mm yes, great work, pissing away Armada and X-Wing, backburnering Legion, all so they could peddle a vapid clone of their shitty capeshit game.
Great, so L5R is even more dead than it was before.>>92589921Hopefully they sell off the IP (again) to someone who might actually make use of it. Japan-aesthetic is pretty big right now, even with normies. Of course, it'll never happen...
>>92589644>The issue is that the initial capitalists couldn't imagine the financial witchcraft inventing the stock market would enable and the system was formulated in a low-debt backed-currency environment.They could, they did and they warned against it. Adam Smith himself warned against allowing people running companies from divesting themselves of personal responsibility. The world would be a very different place if investors and the C-Suite had to front the money for their fuck-ups.
>>92590079>Hopefully they sell off the IP (again) to someone who might actually make use of it. Japan-aesthetic is pretty big right now, even with normies. Of course, it'll never happen...Yeah any attempts to use the IP will suffer from the screeching of Californian "Asians" if their "ancestry" doesn't dominate the game.
>>92589931>>92589999Shatterpoint is genuinely fun you joyless fucks and Armada and X-Wing got already pissed away by FFG.I should rip Armada and turn it into a generic thing, especially once Asmodee is fucking dead.
>>92588604anon when people hate his ass for being an untrustworthy scumbag.
>>92590158Pretty much this. It's remarkable how fun shatter point and crisis protocol are given the state of their ip currently.
>>92588604>There was never honorGet back to your lovely mud, peasant!
>>92590153Right, as if a DnD 5E conversion that nobody wanted wasn't bad enough. 'At least we have older editions' is how I cope, but I did enjoy the FFG reboot; seeing it be abandoned over this DEI DnD wank hurts. Maybe if Embracer shits the bed some more, John Wick will be able to buy his IP back.
>>92589921>EDGE might go underthe game magazine?
>>92588950The last time someone else thought this was wrong and tried to stop it, they killed 70 million people just to prove a point.
>>92590641well clearly it wasn't enough
>>92588950Can normal guy do this too or is it only for the rich?
>>92591027Theoretically, you could get promoted high enough to get up to it in a company that does it. By that point though, you'd be rich.
>>92591027Yes you can, but it's very hard to do on the personal level, because of the amount of finagling with accounting and lawyering one usually needs to do to pull it off.I won't get into the details since it's not germane to this board, but you need to be able to reasonably bundle all of your expenses into what is effectively a business account and show you're only using them for business, any debts you accrue on that business account could be moved to a separate business account that has even more restricted access to funds, and then that smaller business could declare bankruptcy without touching your personal finances or even your main business account.
>>92591103It doesn't quite work that way. When you're running a small business lenders will usually demand that any loans are secured against some kind of asset and that you're personally liable for them, that way they have someone to chase if it goes tits up. The debt-mountain leveraged buyout venture capitalism is only for the big boys, people with adequate connections to approach and get them to bet a big chunk of someone else's money on your harebrained scheme.
>>92590320EDGE Studio/Entertainment, Asmodee's designated tabletop RPG house. They run all the TTRPGs - Star Wars FFG, Genesys, L5R, among others.
>>92588534>Asmodee which Embracer owns, and they dumped $900 million of their debt on Asmodee.That’s fucked up but I can’t be surprised considering the heads of embracer are ex-private equity sharks. No really look at their history if you speak Swedish
>>92590158Shatterpoint gets mogged by second rate area-control boardgames.
>>92591252Eh, I stick with the original plan of borrowing a bit from every usurer in EU and moving to sunny Togo on false papers.
In b4 hasblow buys shitmodee to fuck over everyone in the process
>>92589510You're missing his point. He's saying that it's working as designed by the people in charge, who do not have the better interest of the rest of the population in mind.>>92589672What are you angry about?
>>92588534Yeah I remember them buying Fantasy Flight then cutting the RPG department Fuck em hope the RPG department got out alright they had a love of their craft their Star Wars line was the best Star Wars stuff post Disney by a mile
I'm having very little hope for the genesys books.
>>92590320The westler
>>92592065Buy books and dice now if you have an interest. Good luck getting a group though because the dice scare people off
>>92592104I already got my group to play Starwars so they know the dice and I just put one more pack of the dice in my cart so I should be set for the future. I'm just a little worried the online support and community for the game will completely die once they stop releasing anything.
I don't think this is going to be too dramatic. Asmodee can probably eventually survive from that debt unless they somehow shit the bed multiple times over during the upcoming years. Which of course is not impossible.
>>92588534I feel like Fantasy Flight has stagnated super hard since the Asmodee buyout. Outside of the Arkham LCG I can't think of any prouct worthile.*Note: I fucking hate Star Wars
>>92592690I feel like all this shit is just fake kike strategy to transfer money which is also fake in a fake market of fake make up value so that fake stocks can go up or down
>>92589440A fire sale could end up with a whole bunch of these ending up at wotc. Is that what anyone alive wants?
>>92588536Fantasy flight is the only thing on here I care about
>>92590200Somehow fucked up and lost one of Magik's arms while assembling her and now I have a hard time getting into finishing my team.
>>92590538There's a youtuber who did a thing where he walked down the aisles of Target and color coded the products by which of three asset management groups owned the company that made them.The entire hair care aisle was red.
>>92590158Can't get into Shatterpoint because the prices are somehow worse than GW's and I don't like the art style.Also, Dave Filoni's hatred of Kyle Katarn and Mara Jade has ruined all Star Wars skirmish products for me.
>asmodee butchers FFG>Proceeds to go underIt's poetic in a way.
>>92593275They are going under because embracer’s debt got offloaded to them. It’s like someone with debt and telling the bank, “no, this anon owes you the debt not me.” This is a private equity shark move that’s pretty scummy and common. Stupid frogs shouldn’t ever have sold to the Swedes
>>92593319It's scummy but so is Asmodee. Live by the blade die by the blade
>>92593104I don't think Hasbro is thinking about acquisition sprees right now, and wouldn't pick up Atomic Mass because they've already been burned on Marvel and Star Wars toys in the past few years.Part of me wants the parts to get picked up by medium-big companies in the market, another part of me worries that'd sink both companies. >>92593013It was very strange going to GenCon and they had basically fucking nothing to show. When Flying Frog, Wyrd Miniatures, and Goodman Games have the largest booths at the convention something very fucky is going on.I just hopes this results in deconsolidation rather than everything getting snatched by Disney or some other megacorps.
>>92588534So not a good time to get into Star Wars games huh? It’s a shame because SW Legion is the only wargame played in my LGS other than GW games.
>>92589486That people don't understand this is incredible to me.
>>92590158>he bought storm troopers againSWfanboys are worse than GW even.
>>92593504Asmodee will be shedding what it can and probably firing for bankruptcy but I feel the last thing they'll give up will be the Marvel and SW licenses. Those might be safe but who knows
>>92593350I wouldn't put it past Hasbro to acquire the Star Wars games portfolio if it were cheap enough. I think they already have board games and they definitely have WotC and its subsidiaries, and they know there's a market of adult collectors who will pay silly money for absolute trash (see: HasLab). And between Hasbro's commercial practices and Asmodee's treatment of FFG (and so help me, I loved X-Wing the first time I played it, and I wanted to get into the RPG - but when I came to have the cash and a FLGS to play at, the end had already begun), it feels like a dead scene albeit with potential. I mean, look how long the fans have kept Star Wars D6 alive.I hope you're right though, anon, but I can't help thinking... Star Wars 5e when?
>>92593774I hope they do it. It'd be so fucking funny. For some reason investors still believe that Star Wars is a profitable IP because it was when they were kids. They're too busy snorting blow and fucking escorts to realize that Star Wars is a smoldering ruin.
>>92593013They got restructured, most of their properties offloaded to other subcompanies under Asmodee, with few projects left for them like the new SW TCG. I am surprised they weren't killed entirely.>>92589999Once they started doing the mercs for Legion: AMG have actually been on pretty good track with releases for Legion. X-wing and Armada are still neglected, but Legion is getting pretty good support alongside Shatterpoint and MCP.
>>92593847Because it is, 30+ age-bracket still buys heavily into episodes 1-6 when pandered to.
The solution is clearly a proletariat uprising, amiright fellas? Eh? EH? Eeeeeehhh...
>>92592065>>92592104>>92592200Genesys just cannot catch a break. From the Asmodee restructure moving the game from FFG to EDGE, to the pandemic killing supply lines, and now this. For being the generic spin-off of FFG Star Wars, it's a crying shame to see it get ragged on like this.
>>92588950>buy house>have debt because of house>"I'll just make a smaller house on the small patch of lawn with some flowers growing on it, the rest of the house is now house-2, a completely different thing">transfer all debt to tiny house>"oh no I am bankrupt, I guess you can sell the grass and flowers on the patch to get some of your money back. Now get off my lawn-2"I know it's just a scheme so rich people get to play with monopoly money to either get real money or have no loss at all, but still, at least TRY to hide it under, I don't know, fucking secret accounts on islands without extradition treaties or something
>>92588937I was having a good time with Armada too. Dead game is still a pretty good game.
>>92593944The corruption at this point is so deep the rich don't even need to hide it anymore
>>92588534Private equity is very evil and I can only hope that the people who do it get what they deserve while they're still alive.
>>92593722>Projecting this muchI got both Armada and Shatterpoint as gifts from friends. Not that you'd know what that is.
Well L5R is turbo fucked. They were already barely keeping it on life support, there's no way it doesn't get dropped/jettisoned after this. Guess we won't get a clan wars miniature board game or the vidya, or more importantly the last few 5e books. AiR can go die though, i'll be happy that is dead.
>>92594583might still get that weird Eurogame that's coming out in the Summer I guess
>>92594788Literally nobody wants that shit.
>>92594918then why are they making it?
>>92594918Remember, you are nobody.
>>92594978Desperate attempts to monetize. Same reason they made AiR chasing the dnd crowd. Same reason they announced they were making a vidya game in the most cursed genre there is, idle games. Same reason they announced a miniature board game. They were desperate to try and squeeze as much money out of the IP as they could and apparently someone figured a bunch of spin off games was the way to do it.
>>92588902the problem is that nobody wants to publish your shit unless you’re a big name or willing to offload the cost of limited production to the customers, a la mediocre games made cheaply but still selling for $100
>>92588565A man is never dead if his name is still spoken.
>>92593944wait until you hear about leveraged buyouts >buy house >part of the debt is owed by the house>no really, your house borrowed the money even before you bought it >even if collectors wanted to chase you down they can’t because you never touched the loan to begin with they set up a system where risk takers are rewarded and then eliminated the risk without touching the reward
>>92593944Why would the mortgage company (who actually owns the debt on your house FYI, nonidea why you think you do) agree to transfer it to the second plot.How would you get the mortgage company, who 100% controls your ability to split your plot until its paid off agree to allow you to split the plat in the first place, and if you tried and somehow did it without them knowing, they could just have it voided anyway?Your ignorance makes your shit example, and shitty little frog memepost, shit.Kill yourself at sunrise.
>>92589510I think the implication is that the system is actively hostile and maliciously designed rather than functioning imperfectly.
>>92588599Is it true that they pulled out because of how bad the Saints Row reboot was?
>>92588534>AsmodeeThey are literally naming it after a devil
>>92595083That's not quite right. A house can't own debt.It's more like:>Want to buy a company.>Have no money.>Tell a bank, "Give me money and I'll pay you back more money later.">Bank says "How?">You say "Because I'll own this nice shiny company full of lootable parts.">Bank says "Done. Either we get our money or we get the lootable parts.">You take over the company.>You transfer the debt to the company. >You pay yourself enormously, spin off the profitable bits into their own companies, saddle the unprofitable bits with as much debt as you can convince the banks to let you, then either let them decline or go bankrupt.>Profit.
>>92588536Shame about FFG, I really liked X-Wing, even if i only played first edition.
>>92589510>Its wrong because it is evil mate.That is also correct. To be clear, it's not wrong as in "the system is functioning badly." It's wrong as in "morally wrong."It's not a glitch in the system or an aberration or a loophole. It is the purpose of the system. It's not a flat tire on the car of capitalism. It is the engine.
>>92588536>Acquire Cypher Studios through FFG>Promptly kill them>Still have all of their molds and assets>Sit on them for over 10 years doing nothingI just want my Anima Tactics and Hell Dorado...
>>92595106The point appears to be moving it to a context where it's inexcusable bullshit to highlight that the debt-shuffling itself is inexcusable bullshit. As >>92595083 mentioned and >>92595263 more exactly describes, such financial witchcraft functions to almost completely ignore risk and walk away with the reward.
>>92588536Why is miniature market omitted from that list?
>>92589510Nah. If you were in a position to use it, you would.
>>92593898Yeah it's a fun system. We're playing in a CATastrophe setting.
>>92594208They won't, but feel free to seethe about it instead of doing something.
>>92595620shut up start up, go back to gambling your mom's life insurance on speculative AI futures
>>92595276Every commie retard, and a good portion of the libertarian retards always forgets that part of the capitalist system is that the State steps in when businesses create systems that are unduly beneficial and exclusionary. The prime example was always monopolies, but the abuse of the financial laws in place are equally valid reasons to intervene.What goes on in the world today is an oligarchy. Its not even particularly well hidden. The State is owned, the State's bureaucracy is owned, the Courts are owned. Corruption is not a feature, its a bug, and one that must be excised with fire.
>>92593171Fantasy Flight has been gutted for a while now since Asmodee split all of its IP up by product type. The current FFG only gets to do boardgames. RPGs and wargames were sent off somewhere else, I think RPGs went to Edge. Most of the people who actually made the games were freelancers anyway, but any cohesion they might have had under FFG is gone.
>>92595746Because the executives who do it have rigged the game so they get huge bonuses for making the line go up (once, ever, followed by a precipitous drop) and then more huge bonuses when they're shown the door for the huge drop, and then they move on to the next company with their ability to make the line go up on their resume. You can directly blame this on Dodge v Ford, where the Dodge brothers who owned Ford stock successfully sued Mr. Ford after he prioritized worker retention and market stability over short term shareholder gains. Now, short term shareholder gains is the legal mandate for all publicly traded companies, and the best way to make that happen is to fluff a company up for sale or do leveraged buyouts or some other unsustainable voodoo that creates tremendous temporary shareholder value at the cost of everything else. Because that's bad if you plan to stick around, the system has also been rigged to reward them handsomely on the way out.
>>92593171Not gunna lie, it hurts a bit
>>92596207>Now, short term shareholder gains is the legal mandate for all publicly traded companiesNot quite, it has judicial precedent but there's fucky nitpicking autism leaving it shy of mandatory. The issue is that it was immediately shoveled into MBA mills and backroom talks so it took over the managers' subculture VERY thoroughly.
>>92595467Miniature Market very recently was cut loose changed ownership, before all this.
>>92589306Except GW has, or rather had, a shit ton of stuff that never appears in the films. Elronds sons, Erol, the Golden King and the likes.I'd love to see someone else given the rights to the books and make something more accurate to those designs a la A Song of Ice and Fire (just without CMON because God damn do I hate those fuckers still).
>>92593847I want to yell at you and call you names for saying such a thing about Star Wars, except that you're telling the fucking truth which just makes it so painful. To think, there was a time when Star Wars was the biggest thing on the planet. Makes me sick what's happened to it. No, not what's happened to it, what's been done to it.
>>92593987It's still my favorite table top game of all time.
>>92588937Rip FFG, they were amazing even tho they used those stupid fucking die.
>>92593898L5R has also been completely gutted by all this, which sucks. I think it's probably dead for good now.
Is EDGE the most useless company ever or do I only see what a shithole they are for L5R?
>>92588604Even though the rules of social conduct made up by nobility applied more to the upper classes and nobody would expect common people to follow those rules? Nobody is going out trying to brainwash the masses to get them on board with things that do not impact them in the pre-industrial world.
>>92589510I don't think he's saying it is "good" in the cucked way many retards think about these things. I thin he is saying it is "broken" by design and it works fine for those who have the power and capital, not that he's advocating for you magically becoming one of those people so its okay.
>>92595247Have fundamentalists searched and found any Satanic messages from Carcassone and Settlers of Catan yet?
>>92597283dude what
>>92588950they are going to hand over a fistful of IPs to the bank for defaulting on the loan, so there is still an exchange of propertyeven if the bank sells them for pennies, the loan didn't actually cost them anything, since the FED's reserve requirements are at 0% and a loan of any size no longer impacts the bank's capacity to issue further loansso it's all profit, just less than they were hoping to get
>>92597803The sacrifice of sheep and grain towards structures instead of venerating god is clearly a satanic dog-whistle for worshipping false idols.
I know the various Star Wars games have been dying for a while, but is this going to send Shatterpoint to the same grave as X wing, Armada, and Legion?
>>92597803>yet
>>92597880Good to know this classic is still floating around.
>>92597044Totally agree with you anon - I'm a tail-end Gen X-er, and when I was a kid, Star Wars was the biggest and best thing in the world. I loved it all the way through to the late 90s, playing the X-Wing games, Dark Forces, reading the new novels. I was never the biggest fan of the prequels, but if you ignore Andor and Rogue One (which are both excellent IMO), they're head and shoulders above almost anything released in the Disney era.I miss those days when all we had were Kenner toys, Marvel comics, a few slim novels (including Splinter of the Mind's Eye, and the Han Solo and Lando Calrissian trilogies), and the occasional TV broadcast (in the days before home video was affordable). Disney and its licensees had the opportunity to do something amazing, and instead they sent it down the drain. Looking at it, I feel like Charlton Heston's character at the end of Planet of the Apes...
>>92592690>>92593319I suspect the plan is for the debt to crater the spinoff, and then some NEW company to buy up the choicest assetsAnd by new company, GUESS WHAT.
>>92593774>>92593104Maybe, But hasbro's not in buy mode. What other contenders are there?>>92593504I guarantee someone will be making star wars shit. It's more a question of who.
>>92595188It's not the only reason, but it absolutely played a role. Embracer was projecting a riddiculous super hit to justify big loans and big valuation ,and it revealed it to be a bluff.
>>92588536No CMON?
>>92598297Asmodee doesn't own CMON, it just has an exclusive deal to distribute CMON's games in North America.
>>92595106>autistic anon fails to understand the concept of a metaphor
>>92593246Sounds interesting, can you link me the source? It's hard to find by that description.
>>92598242Hasbro isn't acquiring new licences. That's not to say they wouldn't acquire something that fits with a licence (Star Wars) and product type (tabletop game) they already have, if it were cheap enough. And if it's a corporate bankruptcy fire sale, it'll be cheap.Who else is big enough to take on Asmodee's Star Wars games and revive them?
>>92595106I'll see you by dawn, banker!YEE HAW
In a perfect world this would allow Asmodee to sell more dice from the Formula D set. I've only got the one set and it's a pain having to share the same dice with a full table.
>>92599075>Who else is big enoughMattelLegoBut what would seriously be the absolute best case scenario is if a few of these companies bought themselves in the fire sale and return to being completely separate entities. It would be the healthiest for the hobby. So we know that's not going to happen.
>>92600486I don't know about Mattel, whether they have an interest in tabletop gaming - if they do, acquiring the IP would be an "in" for them. Lego... well they've got a Star Wars licence but their experiments in board games seem to have come to an end, so I can't see it happening.>companies bought themselves in the fire sale"Phoenix companies" are a bloody nightmare. Given the scale of the debt and the massive overvaluation, I can't see that happening for Asmodee, unless they get significant outside investment to leverage a post-bankruptcy management buyout of their assets (a "pre-pack administration") - but those tend to happen with smaller, privately owned companies.
>>92588536Asmodee is where companies went to stagnate anyway. Asmodee didn't want new editions, updated rules, or expansions. They want you to print the same shit and if it slows in sales to just sit there and shut the fuck up while getting next to nothing. Plaid Hat had to buy themselves back to be able to make Sorcerer Wars and Ashes second edition because Asmodee would not allow it despite it needing to be done. FFG has been hilariously slow to release anything (even by FFG standards) and fucked over their Star Wars line by jumping into Asmodee without telling Disney about it meaning Disney had a company they didn't approve of having rights to their works. So EVERYTHING has to be pre-approved by Disney all over again for reprints including dice and such, and Disney just ignores the shit instead of approving or rejecting it, making the line dead in the water for most games. FFG shit the bed hard enough they had to launch a whole different company for RPGs because Asmodee thought that RPGs are worthless bullshit.
>>92600597>their experiments in board games seem to have come to an endwhich I agree, but they were actually kind of fun for what they were. Not amazing, but fun enough we played that pyramid one at least 20 times.Yeah, buying themselves has huge issues, but I'm pretty sure at least 1/3 of the companies listed in second post were profitable before being bought. And yeah, several of those were very small companies prior to purchase I think, been a while since i looked. Libellud, pearl, plan b, space cowboys. So i could see them getting angel investors to prop them up. Hell, if Z-man or Days of Wonder did something fucking crazy nutso like doing a mass partnership deal or new IPO (Phoenix Public Offering maybe? Not sure what to call an IPO for something buying itself back), I could see that saving them.
>>92600689Lego board games were, and still are, fun. My little nephew has a couple of them. He's a chronic cheat at everything, but still a joy to play with. Hopefully he will grow out of it before becoming That Guy.I think you have to own a company before you can have an IPO, but yes, there's nothing stopping the former owners of those smaller companies from buying them and their IP back from Asmodee (or Asmodee's administrator/liquidator), and that might actually be the best outcome. They just need the capital.
>>92588534Embracer is swedish? I thought they were the brainchild of like a wannabe Chinese tech billionaire?
>>92599075>Who else is big enough to take on Asmodee's Star Wars games and revive them?Don't forget the possibility that a BK or something reverts the Star Wars rights back to Disney/Fox, and it doesn't get revived. .>>92600486>>92600597Matell has an incredibly skimpy hardcore TT lineup. Buzz lightyear, the movie.The Walking Dead escape room in a box.Blockus.Spirit the horse hide and seek. Pictionary.Card games. I can't imagine them buying anything but the cheapest to produce stuff. Maybe if it has a synergy with Barbie, Hot Wheels, Pictonary or uno.
>>92601214>reverts the Star Wars rights back to DisneyThat would render the Asmodee/FFG IP in the games (not the licenced material, but the actual games themselves) pretty worthless to a buyer, wouldn't it?
>>92601241Middle-earth Enterprises went their separate way in the split, but I guess they still have LotR board game rights.
>>92601241Wizkids licensed the X-wing engine for Star Trek and D&D Attack Wing games, and Genesys already exists. Armada's engine could be similarly adapted for generic or other IP big space battles if someone really wanted to.The actual star wars parts would be dead though.
>>92601214yeah its current line up is super small, but like the other guy said, its a way for them to break into the market. I was mostly commenting on the fact they were large enough to purchase them. And its not hard to imagine a barbie themed catan game or hot wheels formula D actually this sounds pretty awesome, especially if you could use any hot wheels car you want as your vehicle. It would still be bad for the hobby though either way cause its just more monopolization in a market that really needs small companies to provide risky small scope products. We need diversification, not conglomeration.
>>92588604This is what happens when you let people who hate you write your history for you.
>>92601241>>92601286Licencing contracts are fucky. Lucasfilm is famously loose. Disney WAS famously tight on clearance but will give that shit to anyone, but who the fuck knows now. An acquiring company might have the option of getting a fresh license from Lucasfilm/disney and making something new instead, maybe grabbing some key gamemakers.A question is how much is the engine, production process, modeling, and people worth without the license? Some of the licences are pre disney takeover, and that might be more valuable to some buyers as well. But who the fuck knows?>>92601304I live near their HQ, and I guarantee they don't have the imagination for that. AI a prototype or box cover and pitch it to them.SETTLERS OF BARBIE LANDHOTWHEELS FORMULA D.
>>92601500HOTWHEELS CATANBARBIE FORMULA DI assume Barbie has already been a racecar driver at some point or another. Was there ever a Barbie Cart vidya? It feels plausible.
>>92601818Hotwheels Catan is such a goofy idea. You'd have change the resources and I'm sure they would all be silly. Rubber, metal, gas, upholstery...flame decals, maybe.
you can do that? what stops me from creating a company and dumping my debts into it?
>>92602295you cant afford enough silver tongued liars to convince your government that what your doing isnt fraud. embracer can.
>>92601818She's had at least a flash car racing game and 4 different race car barbies.>>92602150The big key to the game is dynamically creating a racetrack or a city to race around.
>>92602940Now all we need is to convince Mattel to buy the licence to a /tg/ classic, then we can have Car Lesbians Barbie.
>>92588937>On the other hand, this is what you get (and deserve) when you sell you company to a bigger companyThis is something that isn't said enough. Everyone always wants to lay the blame on the big bad megacorps, but those big bad megacorps wouldn't be able to do stuff like this if these small/medium sized companies didn't give in to the temptation of easy money by selling themselves to the megacorps.
>>92602150>>92602940naw, make each tile a different type of market. Wheat becomes farmland, clay becomes industrial, wood becomes transport, stone becomes cities, and sheep becomes mass transit. So each time you roll the dice your facilities (towns) develop new "demand" cards instead of resources. You need to buy progress cards to "research" which style of vehicle and its cost to produce. You then release a new model of car that just earns VP or you can dedicate that model of car at one of your facilities to help boost demand, making this a change over catan where the type of car you place on a facility changes all production it makes to a specific demand type (placing a tractor at a facility makes all 3 numbers it could roll instead produce two farmland demand). Fuck you I like boardgame jamming
>>92589510this is a blue board, keep your anti-Semitism off of it
>>92603313The thing is, I don't think the Hotwheels audience cares about regional supply and demand so much as they care about producing cool cars.
>>92603506I partially agree. Hot wheels have models of almost every kind of vehicle, and I know a few collectors who love collecting the trucks and stuff. So having a game that lets everyone have fun with the cars they like, that could sell!
>>92588534>Fantasy Flight is fuckedDammit I just got into X-wing too. Does this mean it's time to buy up all the X-Wing and Star Wars RPG books and mins since they will be out of print shortly?
Shall I care?
>>92588536Time to put together a /tg/ gofundme to buy android netrunner from fantasy flight.
>>92606561/tg/ couldn't organize an effort to buy a can of coke from a vending machine.
>>92595275Xwing and all other games wirh miniatures got kicked from fantasy flight to atomic mass games
>>92607394Not with that attitude
>>92596993>I'd love to see someone else given the rights to the books and make something more accurate to those designs a la A Song of Ice and FireWell, part of that is taken care of...https://www.northstarfigures.com/list.php?&man=257&page=2
>>92588534>SwedishColour me surprised.Why it's always socialists who behind all machinations?
>>92589586Self-serving individuals have always been the greatest threat to prosperity. Them leaving destruction in their wake has nothing to do with words ending in "-ism".
>>92588604Honor is just reliability and credibility. Its always been a thing that matters from kings to peasants to modern people.
>>92588950That's unironically what kapparot is, except you transfer the debt of your sins to an animal you're torturing, usually a chicken.
>>92588604
>>92588565The Tyrant is both east and westIn every head, in every breastWar with this and that eliteAre merely wars with your heartbeatFor so long as one man draws breathThe Beast of Gold shall know no death
>>92588950It makes more sense if you actually know how these things work. Corporations have valued assets and capital, which means that when they combine or separate lots of things need to be divided up including debt. How ought that to be done, exactly?Like, if you actually think that they can just put 5 trillion dollars of debt into a "company" with one person and one cubical and then cut them loose, you'd have to ask why any corporations ever go bankrupt except by being cut loose with 5 trillion dollars of debt. These things have to be divided up in accordance with a bunch of regulations because the people who collect debts are just as cutthroat as the people who take them out.
>>92588536>The Burning of the Library of Alexandria Electric Bogaloooh shit here we go again!!!
>>92595083just don't be a sucka, life's a rat race lmaooooo
>>92613017In order to be true, it has to contain even the most trivial spark of meaning, which it does not.Instead it simply reveals that the person was successfully cuckolded by modernity and Capital into being an honorless nihilist, and therefore their ideal footsoldier. Notice how he does not reference anything that exists today, he goes back and attacks the entire idea of honor in the premodern system. As though this has even the most remote connection to anything happening today. As though the people who do this stuff, did not KILL the Kings of old, and their honorable knights. Instead it implies a continuity that objectively does not exist between different eras, to justify its dismissal of virtue.What does that have to do with corporate tax law? Nothing, but it allows the cuckold, with his shit-colored teeth, to attack something that cannot defend itself. That thing, the concept of honor, the concept of individual courage and virtue, is the actual enemy of the modern corporate world, and so they casually redirect all attacks of them, onto attacks on the idea of any alternative to them. He does their footwork like a good little useful idiot, they get to reinforce the fact that they rule the world, has always ruled the world, and anything that challenges them is either a bunch of communist thieves, or their own catspaw.You are a cuckold for agreeing with him. You should be embarassed.
>>92609735>capitalism is... LE SOCIALISM
>>92606561FFG only owns Android, Netrunner is owned by WotC.
>>92596993I actually quite enjoy the ASOIAF miniature game, what do you have against CMON?
>>92613790Corporations love socialism, anon. Look at the company store.
>>92615499Everything they make that isn't Zombicide or ASOIAF is a pump and dump that they stop supporting or even making print runs of within months of them coming out. They make a cool thing, people buy it, then it disappears without a trace, often before it can really gain traction, or worse, just after picking up a little steam and starting to have a community.
>>92606314You shall. Care, damn you, CARE!
>>92609735Sweden is actually simultaneously a mixed economy with high taxes for normal people and a tax haven for investors. Corporations like Embracer fucking thrive there.
>>92590250You're joking right? Wick is even a bigger woke assholes than all these companies. He gutted 7thSea back in 2016 when blue-haired queer girl bosses weren't even a thing yet. I'd rather see the licence dead than in the hands of this sellout jerk.
>>92588534>make subsidiary company>give it your debt>kick it outuh...how is that supposed to work, legally?
>>92588604Fuck off dunning-krugerite
>>92610238They did it on the wrong holy day though. Not even a bit of a kabbalahite to numberwang pesach into the other one but I bet someone more full of insane could.
>>92618484>You're joking right?Yeah.
>>92613272Powerful insights, strongly agreed. Honor culture is the basis of European/Aryan civilization.
>>92616419I will be mad forever.
>>92613790Well sort of. Considering Italian fascism ideology was developed by ex-socialists and German ideology was literally called National-SOCIALISM
>>92618520This isn't even the worst case. There was a metal refinery company with a Superfund site in my hometown. It got bought by an Argentinian company in the 80s/90s who took all the factories and mines, then spun off all the legal obligation to repay the cleanup costs into its own company that promptly declared bankruptcy. The government went after them but it was a protracted legal battle.
>>92618520Isn't that how Packard died?
>>92621578Also Toys R Us and Frederick's & Nelson's (West coast equivalent to Bloomingdale's)
>>92621509The Maxus Energy case.
Sucks for Asmodee but they're the only profitable section of Embracer as of last earnings IIRC so they might be able to pull it back. Board games are money earners right now.
>>92621302I still want my fucking lobstermen you hacks
>>92622393Toys R Us was a leveraged buyout I thought? That's also extremely scummy, but they're usually not trying to make it go bankrupt when they do that, just gambling hard without any risk to themselves.
Remember kiddies, you aren't allowed to change any of this, because all regulation is communism and you don't want to be a communist. Don't worry, the wealth will trickle down eventually. :)
>>92618395>a mixed economyThat's really not been very descriptive of the economic model for some thirty years already. I don't know what economists abroad might label the current state of things, but domestically economic professors will talk about the mixed economy as something that was rather than as something that is.
>>92622655From what I recall, Toys R Us would have been perfectly healthy if it wasn't having all of its money going to debt servicing.
>>92627131they were also paying hundreds of millions on advisors that didn't actually do anything to help the company
>>92588534fucking swedes. Asmodee bought up so many good wargame ips, now they are dead forever
>>92627131Yes, but they weren't specifically spun off to take debt with them, they were bought using some kind of arcane method that allows the buying company to borrow money for that sale and assign the debt to the purchased company, leaving the buying company completely debt free despite being the ones to take out the loan.
>>92618520Financial Kapparot kek
have any of the companies come out with any statements? I play a few games by people caught in this and just started MCP last year.
>>92622623Just play Shaerk Aelves in Age of Sigmar.
>>92631099disney will probably try and buy out that studio since they're handling all starwars and marvel miniature games now I think
>>92631297well the difference is the wrath of king minis actually look good, for one. for two, the game rules are great. for three, you're a fag.
>>92631297there isn't a single lobster in that miscarriage of a forgotten range
>>92588606The people who issued those loans know that this is how it works, and they knew that before they issued the loans.
>>92591027>Can normal guy do this too or is it only for the rich?Sure, if you have transferable loans and somebody willing to take them for you.
>>92588898A MCP/SP version of lotr would be amazing desu
>>92588534Asmodee was always really shit, were they always Embracer from the start? Or is this one asshole company buying another company, saddling it with debt and then splitting up.
>>92636184Asmondee was it's own brand of shit until 2014, then it got invigorated with vulture money and became turboshit. Embracer jumped in about 2020 from the video game end..>>92632612I doubt it. Disney is in a cash crunch mode with their weak Disney plus, a string of movie bombs. Expensive park upgrades, and still digesting Fox.
>>92627199It’s a leveraged buyout. Not particularly arcane. This spinoff needs more information. You can’t just take all your debt and throw it in a subsidiary and then walk away. The creditors are obligated and will go after the parent company to recoup their debt.
>>92635519I'd be down with 40mm LOTR skirmish game, though I'd prefer it be abit more narrative in it same way that the LOTR LCG is more narrative focused than Marvel Champions is.
>>92640188I hear the GW middle earth game's rules are actually good and are decent at small team fights already.
>>92592038>You're missing his point. He's saying that it's working as designed by the people in charge, who do not have the better interest of the rest of the population in mind.and... that's somehow not wrong? are you sure you're not the one who's missing the point?
>>92645907It has some good ideas but in actual play it's not very good at all. The system itself has no redeeming characteristics compared to the systems it's based on (2e 40k/1995 necromunda) other than that it has pretty good list building and the might/will/fate related mechanics are quite novel.If it wasn't a LoTR game nobody would be interested in it or saying it was good.
>>92613162Isn't that actually how it works though? You make one branch office hold all the debt and then have it declare Chapter 7 while the rest of the company "gets sold" to yourself at an even cheaper price.
