Zardnaar
Legend
I think D&D has the potential to make alot more money then that. Also remember the last D&D MtG set alone made a hundred million+ dollars.
The brand has vastly more value then just ttrpg products, with the right management.
Source in that $100 million? Is that revenue or profit?
The brand could also nake a lot less. It waxes and wanes.
Beyond could also be a bust.
I would rather drop 500+ million into luxury property in hot spots here than buy D&D for much more than that.
I wouldn't pay a billion for it.