Disney reportedly in talks to acquire a controlling stake in Nexon

    
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It looks like Nexon might be the next addition to Disney’s ever-expanding roster of companies, according to a recent report. According to The Korea Herald, South Korean newspaper JoongAng Ilbo has “quoted the international banking industry as saying that [Nexon Co.] Chairman Kim Jung-ju personally approached a high-ranking Disney representative to discuss acquisition matters.”

The news comes following Kim’s announcement in January that he intends to sell off his shares in Nexon Japan’s holding company NXC, in which he currently holds a 98.64% majority stake. Last month, reports indicated that the prospective buyers had been whittled down to a shortlist composed of Kakao, MBK Partners and Netmarble, Tencent, Bain Capital, and an unnamed firm, but apparently that’s not quite the plan now.

Apparently, however, Kim thinks that Disney would serve well as custodian of the company that he helped found in 1994: “What I envy the most about Disney is that they do not force money out of kids,” Kim said in 2015, adding that “Nexon has a long way to go. Some people hate Nexon to death.” The Korea Herald reached out to both Disney and Nexon for comment, but neither has provided a statement as of yet.

Source: The Korea Herald. Thanks, Schlag!
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Jon-Enee Merriex

I find this highly suspect. This all this article is saying Nexon approached Disney. Disney is not interested in video games. Put another way, Bob Iger, on MANY occasions has said that he doesn’t understand video games and he tries to focus on businesses he understands.

Disney has nothing to gain from Nexon either. Iger is always looking for IPs that can synergize across the company. and across demographics. Nexon doesn’t have one IP that is a global phenomenon. And they’d only get a controlling stake. This is the part that makes me most suspect. Just last week Iger made clear they’re only interested in acquisitions that allow them to wholly own IP.

So, I don’t think this is going anywhere. Nexon just wants to add pressure to those already courting them. Disney is not, at all, interested.

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Hikari Kenzaki

It’s a heavy burden being right all the time…

Nexon’s founder is selling off his controlling interest – for $9 billion

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Hikari Kenzaki

Since the link isn’t going to the comment…

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starbuck1771

You know Disney has Disney Interactive right?

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Pandalulz

According to Wikipedia, as of Nov 2018, they actually don’t. Jam City took over what little skeleton was left of it after they shut most of it down. It was part of the whole Disney Infinity and Club Penguin shutdown. They decided they’d rather have somebody else make games for them.

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Hikari Kenzaki

Correct. And it was never really a studio that made games I would ever consider playing. It was all the Infinity stuff or movie tie-in kids games.

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Castagere Shaikura

They should focus on what EA is doing with their Star Wars IP.

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jay

This honestly terrifies me. Because it’s not implausible that if Disney buys Nexon, any future starwars MMO’s would be made by Nexon and it’s subsidiaries, and Nexon just loves PTW monetary transactions :(

PurpleCopper
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PurpleCopper

Oh god, will the Mouse Empire ever stop?

Mordyjuice
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Mordyjuice

Nope, when we all eventually get shipped to Nursing Homes we’ll all slowly lose our minds to dementia while being subjected to CNAs in Disney character masks, and being forced to do Disney sing alongs in the rec room while we drop dead singing It’s a Small World After All.

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Greaterdivinity

I…would be super alright with this, actually. Even if Disney continues to turn into Ursela with their tentacles spreading everywhere.

If it means improved monetization practices and better customer support, I may even start spending on Nexon games again!

Now just gimme an open world Vindictus 2 with all the waifu’s that I can dress up in pretty outfits.

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Meek Meek

Oh? Disney will censor all your games and those pretty outfits will be a giant bag only. Waifu’s? You must not be familiar with the age group of Disney, nor that they are a US company that loves PC culture.

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Greaterdivinity

The age group of Disney…? Do you think Disney is still primarily banking on kids or something? Because they’ve long, long, long since moved beyond that and are successfully making huge amounts of money off of young adults (a key demographic) that grew up on their shit.

You think they spent $4B on Star Wars to appeal to kids? Or did they do so to appeal to a wide demographic, including the key money making demographics that are firmly “adults”.

This is about as nonsense as the whole “Kidtendo” stupidity.

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Meek Meek

Are you new to Nexon games or something? Their games bank on sexual taste, Disney will NEVER, and I repeat, NEVER continue that trend – they are PC culture personified because they have to be.

By age group I mean they will not cater to young teen weebs looking for pixel waifu’s . You will get great games, but nothing what you said in the OP.

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Utakata

MapleStory 2’s pigtail generator will now come with mouse ear options… o.O

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Jack Pipsam

Whenever Disney has bought anything gaming related, it’s ended in disaster. Even if they’re fully committed to it at first.

kofteburger
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kofteburger
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Phubarrh

Bain Capital? Wow, they’d have Nexon’s assets dismantled within weeks.