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- !gaming@Lemmy.world: Our sister community, focused on PC and console gaming. Meme are allowed.
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Okay, they spent $750 million for a studio that has barely made $250 million in its history. I still don't think the math mathulates here.
So what? Things are mostly valued by what the projected performance is, not the prior performance.
Also it seems that Krafton assumed they would miss the performance criteria, so they thought they'd bought it for $500 million. That doesn't sound unreasonable for a studio that made $250 million with a single release and already had more in its pipeline.
What do you base projected performance on if not prior performance?
I don't think Unknown Worlds did have a $250 million single release; that's probably what they netted across three games, Natural Selection 2, Subnautica, Below Zero.
Stupidity is an ingredient in betting against your own teams. Because this is what happens, you put yourself in a position where you don't want your own victories.
Any way, I see it as our goal as the game playing public to figure out how to make this cost Krafton more than $250 million.