nanoUFOM to GamesEnglish · 1 year agoEmbracer Group Paid $395 Million for ‘Lord of the Rings’ Rights | Varietyvariety.comexternal-linkmessage-square7fedilinkarrow-up116arrow-down10cross-posted to: [email protected]
arrow-up116arrow-down1external-linkEmbracer Group Paid $395 Million for ‘Lord of the Rings’ Rights | Varietyvariety.comnanoUFOM to GamesEnglish · 1 year agomessage-square7fedilinkcross-posted to: [email protected]
minus-squareThe_Hideous_OrgalorglinkfedilinkEnglisharrow-up3·1 year agoWhy spend 2 billion on a property valued at 2 billion if the goal is to harvest some of that value as profit?
minus-squareimaqtpieAlinkfedilinkEnglisharrow-up3·1 year agoWhy sell a property valued at 2 billion for only 395 million?
minus-squareThe_Hideous_OrgalorglinkfedilinkEnglisharrow-up3·1 year agoBecause 395 million in the hand is worth 2 billion in the bush?
minus-squareimaqtpieAlinkfedilinkEnglisharrow-up2·1 year agoApparently. Its just an interesting decision to settle for an 80% discount. Perhaps it has something to do with the current economic situation
Why spend 2 billion on a property valued at 2 billion if the goal is to harvest some of that value as profit?
Why sell a property valued at 2 billion for only 395 million?
Because 395 million in the hand is worth 2 billion in the bush?
Apparently. Its just an interesting decision to settle for an 80% discount. Perhaps it has something to do with the current economic situation