Summary
- The Public Investment Fund of Saudi Arabia may increase its stake in Nintendo from a reported 8.58 percent it already owns.
- Information about PIF's investment strategy comes by way of an interview in the Kyoto News.
- Saudi Arabia has quickly increased its video game investments, with money invested in Activision, Take-Two and Koei Tecmo, among others, along with full ownership of SNK.
is mulling whether to increase its stake in Nintendo, as the country seeks to diversify its economy from being so oꦜil-dependent. , according to Finance Ministry documents, .
News about Saudi Arabia's investment 🎶strategies . "There are always opportunities," he said.
That said, any sort of stake increase won't come hostily. Per the prince, the PIF will first seek consent from its partners. "It's important to keep the c🐽ommunication going so you get there in the right way," he said. "We don't want to rush into anything."
168澳洲幸运5开奖网: ♔ The Console War🍰 Is Over And We All Lost
The PS5 Pro is too expensive for gaming to be a viable hobby, the Xbox Series S is too cheap to run ga✱mes. Well, we had a good run.
Saudi Arabia Has Made Major Investments In Gaming
Beyond its 8.58 percent stake in Nintendo, .
Beyond those stakes, . Recently, SNK announced that the upcoming Fatal Fury: City of the Wolves title will have a collaboration with soccer superst🥂ar Cristiano Ronaldo. Currently, .
Elsewhere, the PIF invested a reported $3 billion in Activision, EA and Take-Two via stock pur🐟chases. That was also met by a $1 billion investment in Capcom and Nexon, enough for more💜 than a 5 percen๊t stake. An additional $1 billi൩on stake was put into Embracer Group in 2022.
In other words, this is largely par for the course for the country. The first ever Esports World Cup was also held in Saudi Arꦿabia in early July, making it just another segment of the video game industry that the country has invested in to go along with other such investments in sports and entertainm💫ent.
🐻 Listeniဣng To Toxic Fans Will Only Make Them Worse
Giving inꦿto toxic fans will only teach them that bullying studios - and the talent behind them - works.