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Embracing Chaos - How Hyper Light Breaker Survived 2023

🕑 Added 2024-05-21 18:47:08 +0000 UTC
Embracing Chaos - How Hyper Light Breaker Survived 2023

Comments

Josh LaBaw

This is the stuff that keeps me here. Covering topics like this is amazing for future reference & learning as the—still relatively young—video games industry evolves.

John Cox

@23:25 "Embracer group has officially divested Gearbox Entertainment, selling the division to Take-Two Interactive for $460 million. It originally purchased Gearbox for $363 million." It seems a little more complicated than that. Other reports suggest $1.3 billion. Embracer Group's official posting says that it merged with Gearbox Entertaiment with a day one purchase price of $363 million, and that if certain agreed financial and operational targets are met in the next six years, an additional $1,015 may be paid (total = 1,015M + 363M ~= 1.3B (rounded down)) - https://embracer.com/releases/embracer-group-merges-with-the-gearbox-entertainment-company-and-form-a-seventh-operating-group/ Given that Embrace sold Gearbox Entertainment, I'm guessing that those targets were not met and therefore the additional payment never had to get paid, but that's just speculation from me. Any idea how this went down? Is the explanation part of the distinction between the legal entities Gearbox Entertainment and Gearbox Publishing?

Ross

I'm only halfway through but my goodness this episode feels stressful. You guys nailed it with the quicker pace, tenser background music, less laid back demeanor than the more relaxed standard docs you guys release, etc


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