• givesomefucks@lemmy.world
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    2 months ago

    Capture and kill…

    The only thing better than owning the competition, is putting them out of business.

    So they buy studios that compete, fire all the workers, keep the IPs, and call it a day.

    If we enforced anti-monoply laws this wouldn’t be a thing. But monopolies dontate a lot of money to politicians so they say monopolies aren’t a big deal.

  • Hadriscus@lemm.ee
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    2 months ago

    ah, yes, the highest market cap in history ($3T) doesn’t have the resources

    • ryper@lemmy.ca
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      2 months ago

      Well, you see, they don’t have cash on hand because they spent it on stock buybacks to boost that market cap

  • (⬤ᴥ⬤)@lemmy.blahaj.zone
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    2 months ago

    INVESTORS INVESTORS LOOK AT HOW MANY STUDIOS WE CAN BUY LOOK LOOK WE’RE SOOO PROFITABLE
    two hours later
    WERE REMOVING SO MUCH DEAD WEIGHT INVESTORS LOOK WE’RE GOING TO BE SO PROFITABLE AFTER THIS

  • PhAzE@lemmy.ca
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    2 months ago

    Microsoft is buying up companies to stockpile IP. Simple as that.

    Then they have a lot of redundant workers so they let them go, leaving the IP in their hands to be filed away for potential lawsuits against infringers.

  • gravitas_deficiency@sh.itjust.works
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    2 months ago

    I feel quite certain that this was the plan all along.

    Shit like this should cause the purchased entity to revert to prior ownership without refund to the purchaser.