What data leads you to believe that Hasbro is prepping to sell Wizard's of the Coast?
It's fairly obvious Hasbro is forcing WotC to produce more types of products in order to artificially elevate sales number growth:
Secret lairs, premium boosters, signature spell-books, duel decks, planeswalker decks, commander decks, a ton of auxiliary 'experimental' sets (such as Conspirac, Battlebond, Jump Start, masters sets, Mystery Booster Boxes, etc) sets each year now instead of just 1 each summer.
This leads to two results: it keeps earnings growth estimates up to keep stock holders an inverters happy, and secondly (and perhaps more importantly but certainly more relevant here) gives the illusion of elevated value through sales numbers growth instead of declining value if/when Hasbro decides WotC has peaked and it's time to sell them for maximum profits.
We can agree to disagree on a few points. I'm basing my information from Hasbro investor calls and their SEC filings. I'd be surprised they sell such a profitable asset. I agree they have turned up the production, but have you noticed the limited quantity, high price, and specifically targeted consumer (high income)?
Also, you are correct that the IP is used to generate revenue, I believe it is one of the top 7
Again, if you have a moment, check their recent SEC filing, Wizards is a mega money generator, and their balance sheet, while not specific shows, a mega jump in GoodWill, which can be a number of things. However more specifically falls under acquisitions and investments.
Will Wizards adapt the game to be more digital and more specialty print product, and less print run set product? That could be definitely what shapes up, especially post COVID.
They compensate their corona losses with premium products.
Not really. If you can’t sell your regular product, you can’t sell your premium product either. And nothing this year, or next few years for that matter, was planned with covid in mind.
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WOut of the ground,I rise to grace...W BAfter the lights go out on you, after your worthless life is through. I will remember how you scream...B
Without any doubt, our top priority is the health and safety of players, casters, artists, event staff, and everyone else who makes Magic competitive play both possible and wonderful. Given the unpredictability of COVID-19, we have made changes to how the highest levels of competitive Magic work to ensure that we can keep playing during the pandemic.
This year's remaining Players Tour, Players Tour Final, and Mythic Invitational events are shifting to be run online with remote play. Starting this (northern hemisphere) fall, we will be shifting to set-based competitive seasons for the first time ever around Zendikar Rising.
Over the summer, you will see us continue to roll out new virtual approaches to competitive play like the Arena Open happening on May 30, with players who make Day 2 able to earn up to $2,000 based on their win record in this first iteration, and the MagicFest Online and Friday Night Magic events we have been hosting with our partners and your favorite WPN stores.
This means we've made the heartbreaking decision to cancel all outstanding 2020 in-person high-level Magic events including MagicFests. (For details on what this means for related programs, click here.)
We realize this isn't what anyone wants. Most of us have forged friendships through the camaraderie of competition in far-flung places around the globe. Late nights in hotel lobbies, when players who had worked so hard for so long earned hard-won success, and tears and comforting when the bad beats hit. Hugs and high fives and debates over the best way to roll to see who got to choose to play or draw. The nervous excitement before opening that first draft pack. And countless other small moments that we all share and treasure.
Those thoughts will be at the forefront of our minds as we think about the future of tabletop play. But while the world rebuilds face-to-face gatherings, Magic competitive play isn't going to wait; it's going to continue online and from home. We change, we adapt, and we play on.
Magic is strong, and the Magic community is even stronger. Together we'll forge a new way of gathering to share our passion for Magic. And someday, we'll be able to sling spells at a table with friends we've made from around the world. I plan to be there with you when we do.
Elaine Chase
VP Esports
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America Bless Christ Jesus
"Restriction breeds creativity." - Sheldon Menery on EDH / Commander in Magic: The Gathering
"Cancel Culture is the real reason why everyone's not allowed to have nice things anymore." - Anonymous
"For what will it profit a man if he gains the whole world, and loses his own soul?" - Mark 8:36
"Most men and women will grow up to love their servitude and will never dream of revolution." - Aldous Huxley, Brave New World
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We can agree to disagree on a few points. I'm basing my information from Hasbro investor calls and their SEC filings. I'd be surprised they sell such a profitable asset. I agree they have turned up the production, but have you noticed the limited quantity, high price, and specifically targeted consumer (high income)?
Also, you are correct that the IP is used to generate revenue, I believe it is one of the top 7
Again, if you have a moment, check their recent SEC filing, Wizards is a mega money generator, and their balance sheet, while not specific shows, a mega jump in GoodWill, which can be a number of things. However more specifically falls under acquisitions and investments.
Will Wizards adapt the game to be more digital and more specialty print product, and less print run set product? That could be definitely what shapes up, especially post COVID.
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Not really. If you can’t sell your regular product, you can’t sell your premium product either. And nothing this year, or next few years for that matter, was planned with covid in mind.
BAfter the lights go out on you, after your worthless life is through. I will remember how you scream...B
powpercube Johnny https://cubecobra.com/cube/list/37t
https://magic.gg/news/magicfest-cancellation
"Restriction breeds creativity." - Sheldon Menery on EDH / Commander in Magic: The Gathering
"Cancel Culture is the real reason why everyone's not allowed to have nice things anymore." - Anonymous
"For what will it profit a man if he gains the whole world, and loses his own soul?" - Mark 8:36
"Most men and women will grow up to love their servitude and will never dream of revolution." - Aldous Huxley, Brave New World
"Every life decision is always a risk / reward proposition." - Sanjay Gupta