People do understand that WotC makes Magic: The Gathering, right? One of the biggest cash cows in the games industry? Hazbro would be absolutely insane to give that up for any amount of money.
Hazbro is George Lucas in this analogy, and the speed with which they recouped that cost is evidence that he was insane to sell it. Of course, in Lucas’ case it was a good deal because he was sick of all the harassment from the fandom and wasn’t going to make any more Star Wars movies anyway. He was leaving the money on the table, so he might as well take the deal. But there is no indication that Hazbro was planning to kill MtG.Not really look at Star Wars, they paid 4 billion for it and made that all back with the Force Awakens.
Sure, everything is for sale, but with Intellectual properties that are still actively making you truckloads of money a year, it’s insane to sell them for any fixed dollar value, because the IP will make you back that value and more.If someone wanted to wave a large enough amount of dosh around everything is for sale generally with the exception perhaps of national treasures (Mona Lisa, US constitution etc).
Hazbro is George Lucas in this analogy, and the speed with which they recouped that cost is evidence that he was insane to sell it. Of course, in Lucas’ case it was a good deal because he was sick of all the harassment from the fandom and wasn’t going to make any more Star Wars movies anyway. He was leaving the money on the table, so he might as well take the deal. But there is no indication that Hazbro was planning to kill MtG.
Sure, everything is for sale, but with Intellectual properties that are still actively making you truckloads of money a year, it’s insane to sell them for any fixed dollar value, because the IP will make you back that value and more.
Ha corpsetakers lack of credibility knows no bounds!
Hazbro selling D&D wouldn’t surprise me. I mean, a little, cause it’s hot right now, but it wouldn’t be that surprising. But this alleged “rumor” isn’t about selling D&D, it’s about selling Wizards of the Coast. That would mean selling D&D, Kaijudo, all of the Avalon Hill properties, and most importantly Magic: the Gathering, which is one of Hazbro’s most profitable properties, bringing in an estimated 250 million a year (they haven’t released exact figures, obviously). That’s an insane thing to do.Depends though generally you sell a business for X2-X5 of its yearly income.
Sometimes you can't monetize it properly or don't want to (Lucas is old now a new trilogy would take 10 years). Or you have to sell TSR in 1997 to WotC). Or you can use that money selling some properties to fund something else that hopefully makes you more money. Selling D&D for example to fund a movie or triple AAA video game might cost 100-200 million dollars, how much is D&D worth? They got it for around 27 million in 1997 and its doing well so you would around double that number at least ( would have been worth less say 7 years ago). D&D is probably worth something like 50-100 million range. Back then the novel range was worth more than the RPG and now the novel range is dead.
Something like Grand Theft Auto V make 4-6 million dollars per day.
I don't think D&D is popular enough to reach that kind of level via a game or movie. Everyone gets excited about WotC plans for a movie or new game, I don't think one will happen anytime soon that will do much of anything.
Hazbro selling D&D wouldn’t surprise me. I mean, a little, cause it’s hot right now, but it wouldn’t be that surprising. But this alleged “rumor” isn’t about selling D&D, it’s about selling Wizards of the Coast. That would mean selling D&D, Kaijudo, all of the Avalon Hill properties, and most importantly Magic: the Gathering, which is one of Hazbro’s most profitable properties, bringing in an estimated 250 million a year (they haven’t released exact figures, obviously). That’s an insane thing to do.
Depends though generally you sell a business for X2-X5 of its yearly income.
Sometimes you can't monetize it properly or don't want to (Lucas is old now a new trilogy would take 10 years). Or you have to sell TSR in 1997 to WotC). Or you can use that money selling some properties to fund something else that hopefully makes you more money. Selling D&D for example to fund a movie or triple AAA video game might cost 100-200 million dollars, how much is D&D worth? They got it for around 27 million in 1997 and its doing well so you would around double that number at least ( would have been worth less say 7 years ago). D&D is probably worth something like 50-100 million range. Back then the novel range was worth more than the RPG and now the novel range is dead.
Something like Grand Theft Auto V make 4-6 million dollars per day.
I don't think D&D is popular enough to reach that kind of level via a game or movie. Everyone gets excited about WotC plans for a movie or new game, I don't think one will happen anytime soon that will do much of anything.