Luftstalag14
Culé de Celestial Empire
Nah, we won't get 200m for 49% of Barca Studios. It was initially budgeted around 50m for 49% of it. In my opinion it is a business that has a lot of potential, but it is currently not generating a lot of revenue. It is a good move to have investors and more importantly entertainment industry professionals taking a lead in order for Barca Studios to make the next jump.
BLM on the other hand is already generating us a lot of money (60m before COVID, down in the last couple of years and is coming back up this year), it could be going for 200m or more for 49% of it but the board decided to not sell it and I agree with them.
BLM on the other hand is already generating us a lot of money (60m before COVID, down in the last couple of years and is coming back up this year), it could be going for 200m or more for 49% of it but the board decided to not sell it and I agree with them.