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Asmodee Owner To Split Into 3 Companies
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<blockquote data-quote="Jer" data-source="post: 9324970" data-attributes="member: 19857"><p>Why would you do that instead of just cancelling the product? Or even leaving it at FFG and keeping it in print but not doing new development? It doesn't really make sense to spin off a new company if you want it to die when you can just kill it whenever you want. Edge attempting to spin up an Arkham Horror RPG later this year suggests that they at least thought something could be done with it. Though this mess likely hurts any plans they might have had.</p><p></p><p></p><p>You can't just create a sacrificial lamb in that the people loaning you money are expecting to get it back. My worry is that they'll eventually have to sell it off for parts in order to satisfy the creditors. I'm really curious as to what exactly in Asmodee's portfolio the creditors thought was worthy of being $900M in collateral. It's hard for me to believe that Asmodee's IP is worth that much but maybe?</p><p></p><p></p><p>Embracer didn't license out Middle Earth to Fria Ligan - Sophisticated Games did. Sophisticated Games had a license from Middle Earth Enterprises from prior to their purchase by Embracer. Sophisticated moved the license from Cubicle 7 to Fria Ligan for One Ring in 2020 and Embracer didn't actually buy Middle Earth Enterprises from Saul Zaentz until 2022.</p></blockquote><p></p>
[QUOTE="Jer, post: 9324970, member: 19857"] Why would you do that instead of just cancelling the product? Or even leaving it at FFG and keeping it in print but not doing new development? It doesn't really make sense to spin off a new company if you want it to die when you can just kill it whenever you want. Edge attempting to spin up an Arkham Horror RPG later this year suggests that they at least thought something could be done with it. Though this mess likely hurts any plans they might have had. You can't just create a sacrificial lamb in that the people loaning you money are expecting to get it back. My worry is that they'll eventually have to sell it off for parts in order to satisfy the creditors. I'm really curious as to what exactly in Asmodee's portfolio the creditors thought was worthy of being $900M in collateral. It's hard for me to believe that Asmodee's IP is worth that much but maybe? Embracer didn't license out Middle Earth to Fria Ligan - Sophisticated Games did. Sophisticated Games had a license from Middle Earth Enterprises from prior to their purchase by Embracer. Sophisticated moved the license from Cubicle 7 to Fria Ligan for One Ring in 2020 and Embracer didn't actually buy Middle Earth Enterprises from Saul Zaentz until 2022. [/QUOTE]
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