Nintendo sells Rare!!

Bill Gates is Evil 26 Nov 2002 06:21:45 8,927 posts
Seen 6 days ago
Registered 11 years ago

Ok, not exactly news, but I think I FINALLY know why Nintendo made the incredibly wise move of giving their very best developer to a competitor...

http://www.washingtonpost.com/wp-dyn/articles/A18985-2002Nov21.html

Apparently, Nintendo's earnings were 18.97 billion yen for the six months leading up to September.

How much did they sell Rare for, again, you ask? 19 billion yen.

My new theory is that Nintendo sold Rare so they wouldn't be unprofitable next time investors needed a report.

And in OTHER news-- Sega's parent company is considering selling it's part of Sega... but to whom? Microsoft, maybe? Or back to Sega, in which Microsoft just absorbs the whole shebang? Or am I just a lunatic, making too much out of a hunch?

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AnotherMartin 26 Nov 2002 10:49:07 6,229 posts
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And in OTHER news-- Sega's parent company is considering selling it's part of Sega... but to whom? Microsoft, maybe? Or back to Sega, in which Microsoft just absorbs the whole shebang? Or am I just a lunatic, making too much out of a hunch?

Acording to this article at IGN it's Sega who are selling their shares in their parent company (CSK) back to them and that CSK will keep their Sega shares.