Change of ownership might improve things :)

phil_dee

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Meh...I doubt it, this might change who sits on the board but it isn't as if that board is making decisions at a level low enough to affect this game. Also, the company still has a duty to its investors to maximize return; if everyone is correct when complaining that the company is unduly focused on profits, the bases for their complaints probably will not change.
 
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Quagmire

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Changing who owns the Village doesn't affect the workers doing the building upgrades.
 

Epic Ninja

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Changing ownership will make it worse. They will most likely keep the Dominations staff at BHG should this occur, and only replace the upper echelon personnel at the parent company, but the new ownership will most likely be looking for ways to aggressively slash costs or increase the bottom line. This is not a good development.
 

Ulysses

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Strange time for Nexon's Korean founder to dump his 99% stockholding?
While the market is crashing...? In US, in China, pretty much everywhere?
And he still thinks he's gonna get $10bn...?
Seriously...???

What does he know that nobody else does...?

This story looks like something the ibanks leading the sale have dictated word for word.
It's what they'd like to happen. In reality, not gonna work out that way...
Usually, 'quiet conversations' have already been had with the big buyers... and it doesn't seem that they're interested at this price...

Sales of billion dollar companies mean ibankers overpromising the next buyer what the company can achieve (to get them to bid more than they want to).
Then armies of strategy consultants to figure out how to deliver the impossible (usually by cutting costs).
Not happy times.

So, no, not great for BHG. The BHG team who created Dom need investment and stability.
Always remember these guys have homes, families, mortgages to pay.
Corporate BS monkeys will thrive if they're lucky.
But the smart creatives will already be networking for the next move.
Just in case...

Best case, somebody smart buys BHG as a spin out. It's the only way Dom will see investment now.
Worst case, the guy who owns 99% of Nexon, wants to sell up. So don't expect big investment in anything.
Space age, by oh, 2099... maybe...?
 

Blood

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Now this makes sense. Over the last two years nexon has become more and more aggressive driving up profits with no long term plan in place. It’s all been about squeezing the fools for what you can and don’t worry about tomorrow. Well of course they are not worried about tomorrow because they won’t be here. The earnings appear to show a healthy company with lots of growth while he cashes out and the new stock holders are left with a dwindling player base and dropping profits.
 

No Angel

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Unless if it goes to EA, we will get a lot of design improvement and more marketing hypes 😍 !
I agree though, changing ownership only shows that they see a bigger opportunity. And I'm pretty sure BHG will stick to work with their development, despite the changes of its game publisher company. We will see. It will not kill massive players though, and the world keeps going 😃
 

phil_dee

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Remember that we're talking about a change in the holding company--it's a huge umbrella, Nexon is a small component of it. The entire family holds less than 50% of Nexon itself.
 

Hercules2

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Now this makes sense. Over the last two years nexon has become more and more aggressive driving up profits with no long term plan in place. It’s all been about squeezing the fools for what you can and don’t worry about tomorrow. Well of course they are not worried about tomorrow because they won’t be here. The earnings appear to show a healthy company with lots of growth while he cashes out and the new stock holders are left with a dwindling player base and dropping profits.[/QUI

I agree. when companys selL things get all mixed up ad messed up.usually ending in a continuaL spiraling downfall. TIme wil tell all but i am not holding my breath. this game is doomed and is only a matter of time for the GRIM REAER

"WE ARE THE LIFE OF THE GAME"
 

Blood

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It’s called spin when you go to sell something you don’t say it’s held together with bondo and duct tape. You say I just don’t have time for it anymore. I just want it to go to a good home so I will make you a deal.
 
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