Tuesday, December 12, 2017 10:14:48 PM
As we know these titles will be exclusive to S&L and thus have very high margins. The buyback could be structured such that they recoup all costs to develop the title plus a certain profit and then a portion of any "excess" proceeds would go towards a share buyback.
Imagine the excitement this would generate in speculating what the titles will be and how much they will generate. Also, I would think it would motivate shareholders to buy a boatload of the new games ...after all the more revenue the new title generates the greater the share buyback!
I know I have said in the past I do not support a share buyback in "general" since I would rather see any profits put back into the growing businesses. But I sort of see the publishing division as found money or icing on the cake. And it would only be after all publishingexpenses are paid and a certain profit is booked.
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