How much to buy Funcom?

[Giovanni Paolo II]

If I wanted to buy Funcom from Tencent to abolish the Bazaar, start releasing DLCs again, and hire more devs to fix the game, how much would that be? Asking because I will be a millionaire very soon (just bought a lottery ticket)

[cattibria]

More than you will win in the lottery is my guess.

[Macdallan]

Originally posted by cattibria:

More than you will win in the lottery is my guess.

Yeah, but I'd prefer to have Giovanni Paolo II in charge than Dennis the Menace, Funcom, and Tencent.

[LeftPaw]

Originally posted by Giovanni Paolo II:

If I wanted to buy Funcom from Tencent to abolish the Bazaar, start releasing DLCs again, and hire more devs to fix the game, how much would that be? Asking because I will be a millionaire very soon (just bought a lottery ticket)

How is that possible? You would have to go outside to buy a lottery ticket wouldn't you?

[Giovanni Paolo II]

Originally posted by LeftPaw:

Originally posted by Giovanni Paolo II:

If I wanted to buy Funcom from Tencent to abolish the Bazaar, start releasing DLCs again, and hire more devs to fix the game, how much would that be? Asking because I will be a millionaire very soon (just bought a lottery ticket)

How is that possible? You would have to go outside to buy a lottery ticket wouldn't you?

Now you've underestimated me, I bought the lottery ticket online!

Originally posted by cattibria:

More than you will win in the lottery is my guess.

I just googled Tencent bought Funcom for around 150 million dollars in 2020. Considering the state of their games in 2024, I'd say Funcom is now worth around 150 dollars. Who wants to crowd fund with me?

[Sera]

What they bought them for... and what Bazzer brought in. I doubt they'd let it go. You'd have to throw a hefty amount.

Even then.. the In-Game store isn't the Evil... its Insane prices. 90% of that Store should be under $5-8 dollars... That my only hold out.... Even when stuff is on "Sale" its still over-priced.
No reason give them money... none of it seems to be feed back into game.

[Macdallan]

Originally posted by Sera:

What they bought them for... and what Bazzer brought in. I doubt they'd let it go. You'd have to throw a hefty amount.

Even then.. the In-Game store isn't the Evil... its Insane prices. 90% of that Store should be under $5-8 dollars... That my only hold out.... Even when stuff is on "Sale" its still over-priced.
No reason give them money... none of it seems to be feed back into game.

The in game store and the FOMO battle pass *ARE* evil - it's predatory marketing.

[Marcus Astronomius]

Originally posted by Giovanni Paolo II:

Who wants to crowd fund with me?

Man, really wish I could. I'd definitely straighten things up.

[DAVY]

>How much to buy China?

[Nakos]

You ... you do understand that Tencent is one of the largest companies in the world, right? Their gaming division is a little tiny side project for them, and ... it's still in contention for the largest gaming company in the world.

The Funcom acquisition was $148 million USD back in 2020.

Tencent doesn't buy stuff without having a long term plan, and generally their main reason is to control how IPs are delivered and used inside of China. Several years have passed since the acquisition, my guess is you'd have to beat that price by quite a bit before Tencent would consider selling.

So ... let's say ... $160 million USD just to get the negotiations started, and you'll probably want another $20 million in reserve. And just to be on the safe side, I'd suggest having at least another $50-100 Million USD in reserve for operating expenses.

And we'll round up from there ... $300 million USD.

(and you know ... this is just a little "napkin math" here).

https://techcrunch.com/2020/01/22/tencent-to-grow-gaming-empire-with-148m-acquisition-of-conan-publisher-funcom-in-norway/

[Count]

You also forget Tencent put down the money to buy all of Robert E. Howard's IPs in 2021. The company has 100% ownership of the rights to everything, including motion picture, comics and board games.
You're not buying it.

[cattibria]

Originally posted by Count:

You also forget Tencent put down the money to buy all of Robert E. Howard's IPs in 2021. The company has 100% ownership of the rights to everything, including motion picture, comics and board games.
You're not buying it.

This.

They also own the IP for several other SF and Fantasy works out there. I do not recall the exact list or how much of each IP they own. For example, with Dune, they own the rights to produce games.

[Giovanni Paolo II]

Originally posted by Nakos:

You ... you do understand that Tencent is one of the largest companies in the world, right? Their gaming division is a little tiny side project for them, and ... it's still in contention for the largest gaming company in the world.

The Funcom acquisition was $148 million USD back in 2020.

Tencent doesn't buy stuff without having a long term plan, and generally their main reason is to control how IPs are delivered and used inside of China. Several years have passed since the acquisition, my guess is you'd have to beat that price by quite a bit before Tencent would consider selling.

So ... let's say ... $160 million USD just to get the negotiations started, and you'll probably want another $20 million in reserve. And just to be on the safe side, I'd suggest having at least another $50-100 Million USD in reserve for operating expenses.

And we'll round up from there ... $300 million USD.

(and you know ... this is just a little "napkin math" here).

https://techcrunch.com/2020/01/22/tencent-to-grow-gaming-empire-with-148m-acquisition-of-conan-publisher-funcom-in-norway/

But, but, wait, hear me out! If at a certain point a Chinese inva... I mean, peaceful reunification with Taiwan happens, there is a high probability the evil Western imperialist powers will impose sanctions on poor innocent China. The same way they did with mother Russia after the special military operation. :wink:
In that scenario, both China and the evil West will not recognise each other's intellectual property rights. Which means that, theoretically, that we could seize Funcom's assets in Norway and make them change Bazaar prices!
In any case, I think we as a Conan Exiles community should start contingency planning in case geopolitical circumstances allow us to acquire Funcom and fix the game.

[⭐Rodent⭐]

Originally posted by Giovanni Paolo II:

Originally posted by LeftPaw:

How is that possible? You would have to go outside to buy a lottery ticket wouldn't you?

Now you've underestimated me, I bought the lottery ticket online!

Originally posted by cattibria:

More than you will win in the lottery is my guess.

I just googled Tencent bought Funcom for around 150 million dollars in 2020. Considering the state of their games in 2024, I'd say Funcom is now worth around 150 dollars. Who wants to crowd fund with me?

I want to participate with 20 dollars

[Cor.]

would probably be cheaper buying the rights to the game instead of the whole company.

then you could get an indie team to help you

[Nakos]

Originally posted by Count:

You also forget Tencent put down the money to buy all of Robert E. Howard's IPs in 2021. The company has 100% ownership of the rights to everything, including motion picture, comics and board games.
You're not buying it.

Uhh... the works of Robert E. Howard are already in the Public Domain outside of the U.S.

There are a lot of derivative products that would still be covered by copyright, (movies, comic books, derivative works from other authors), but the original stuff? That's already free to use outside of the U.S. and due to be in the public domain inside the U.S. within 5 years.