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News Digest: New D&D Books Leaked, Pathfinder Video Game Pre-Orders Open, Spiel des Jahres Winners,
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<blockquote data-quote="Abstruse" data-source="post: 7754893" data-attributes="member: 6669048"><p>Asmodee is already owned by a large private equity firm, though. That's what Eurazeo is. They're just selling to another private equity firm (at about ten times what they paid for Asmodee, so it worked out well for them).</p><p></p><p>The concern is Asmodee's been gobbling up companies left and right so that they own all but I believe one or two of the top twenty bestselling hobbyist boardgames on the market. And, so far, the market is still growing for hobbyist tabletop games. That's not going to last forever, though, and investment firms only care about one thing: Growth. Eventually, you reach the point where everyone who might even potentially enjoy playing board games has copies of Catan, Pandemic, Ticket to Ride, and Carcassonne and there's no more market left to grow into. That's when firms tend to start meddling. Which, since they don't understand the market, means one of two things: Micromanaging projects to meet artificial market research that doesn't reflect what consumers actually want, or cutting expenses by laying off staff and closing subsidiaries. And <em>that</em> is where the trouble lies.</p><p></p><p>It's also why this worries me far more than anything Goldner said. D&D is doing well right now and has been growing year over year in sales and market penetration, so there's no reason for Hasbro to start meddling in it (except maybe to start licensing the IP out more for video games and to maybe work harder to untangle the gordian knot that is the movie and television rights). Board game growth has tapered off and while the market is still growing, it's not growing as fast as it was in previous years. Combine that with the elephant in the room no one really wants to talk about - the current trade war with China is going to have serious impact on production costs for tabletop and roleplaying game companies as most of the games are manufactured and/or printed in China - we're in a situation where the industry growth that Asmodee's been enjoying may soon peak.</p></blockquote><p></p>
[QUOTE="Abstruse, post: 7754893, member: 6669048"] Asmodee is already owned by a large private equity firm, though. That's what Eurazeo is. They're just selling to another private equity firm (at about ten times what they paid for Asmodee, so it worked out well for them). The concern is Asmodee's been gobbling up companies left and right so that they own all but I believe one or two of the top twenty bestselling hobbyist boardgames on the market. And, so far, the market is still growing for hobbyist tabletop games. That's not going to last forever, though, and investment firms only care about one thing: Growth. Eventually, you reach the point where everyone who might even potentially enjoy playing board games has copies of Catan, Pandemic, Ticket to Ride, and Carcassonne and there's no more market left to grow into. That's when firms tend to start meddling. Which, since they don't understand the market, means one of two things: Micromanaging projects to meet artificial market research that doesn't reflect what consumers actually want, or cutting expenses by laying off staff and closing subsidiaries. And [I]that[/I] is where the trouble lies. It's also why this worries me far more than anything Goldner said. D&D is doing well right now and has been growing year over year in sales and market penetration, so there's no reason for Hasbro to start meddling in it (except maybe to start licensing the IP out more for video games and to maybe work harder to untangle the gordian knot that is the movie and television rights). Board game growth has tapered off and while the market is still growing, it's not growing as fast as it was in previous years. Combine that with the elephant in the room no one really wants to talk about - the current trade war with China is going to have serious impact on production costs for tabletop and roleplaying game companies as most of the games are manufactured and/or printed in China - we're in a situation where the industry growth that Asmodee's been enjoying may soon peak. [/QUOTE]
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