Quote from MoonliteKnight »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.
What data leads you to believe that Hasbro is prepping to sell Wizard's of the Coast?
Quote from MoonliteKnight »It's very likely that Magic will have a new company attempt to pickup the competitive large tournament scene for them, weather this turns out to be better or worse than CFB is unknown, but I'm from CA and know many of the CFB people from back before CFB was a thing, and they were extremely in love with MtG and were passionate about the game and providing good experiences for the players, so hopefully anyone else to pick up the mantle of large or pro magic tournaments will share those qualities.
@everyone CFB events will be dissolved this year. I got this information first hand from a venue that got the news that CFB events will not fulfill their contracts and obligations this year. We double checked with people contracted by CFB and they confirm that they will be out of a job soon.
This will have a huge ripple effect we believe because this means zero competitive paper events from Wizards this year (for now).
Its unclear if this is a combination of COVID19 and / or their contract being terminated. COVID19 certainly didnt help.
CFB the cardshop is a separate entity so shouldnt be affected much. But this certainly means no events and no vendors buying cards.
Quote from the n00b king »It's only a matter of time before the game goes fully digital. Maybe Covid will have sped up this process. Might explain the plethora of products WotC is releasing this year. Just to get that stuff out of the way before they focus on the digital aspect.
Quote from Vernon Coleman »
"Human lives are worth more than anything else, we must never put anything above the saving of one human life." It's a commonly expressed feeling and I absolutely agree with the principle. Who couldn't agree with it If someone you love needs treatment which will cost a trillion dollars a day, you would rightly demand that the treatment be provided and down the cost. I would. But If you spend a trillion dollars a day saving Mr. X's wife or Mrs. Wise's husband or their two-year old child Zed they'll likely be nothing left to pay for any other health services. Hospitals will have to shut operations, cease, and there will be no medicines available for millions of people will die unnecessarily and that's the dilemma. Health care sources are finite and doctors always have to make decisions about how best to allocate those limited resources that's what triage is all about. In an army surgical unit doctors assess the incoming wounded and decide who gets to be treated first.
When the Coronavirus (COVID-19) first appeared, mathematical modelers looked at the small amounts of evidence available and concluded that millions of people were going to die. In Britain the mathematical model has concluded that 8 million people would be hospitalized and 500,000 would die. Showing all the skills of life insurance salesmen they sold this theory to the politicians and convinced them that their projections were accurate. Curiously the normally skeptical politicians needed very little persuading. The mathematical modelers were wrong of course but the politicians accepted what they were told and life changed. How the devil could they have all got everything so wrong? It was obvious back in February 2020 that the Coronavirus (COVID-19) wasn't going to kill us all. In mid-March I was vilified for recording a YouTube video in which I called the whole Coronavirus (COVID-19) Crisis the hoax of the century. I thought it was pretty obvious that the mathematicians were wrong.
The wise will at this point wonder whether politicians leapt on the nonsense because they saw an opportunity or whether the politicians were looking for an opportunity and waiting for the nonsense to be served up for them. The suspicions of the wise will be strengthened by the fact that this bizarre error was repeated all over the world and duly endorsed and encouraged by eager politicians and so the hysteria and the panic became global even though the bug was officially downgraded to flu level back in March 2020. Politicians and compliant journalists ignored this inconvenient truth because they didn't want their plans damaged. The next stage in this lunacy was for politicians, advisors, and health care chiefs to decide that the threat from the virus was so great that the health services should be devoted in their entirety to the care of patients with this one disease. They decided to clear the wards' cancel operations and build new hospitals.
Patients with cancer, heart disease, and other serious illnesses were shunted aside so that doctors and nurses could be ready to deal with the flood of coronavirus (COVID-19) patients. Suddenly the coronavirus (COVID-19) was the only thing that mattered. Patients with cancer were actually pushed aside to be ignored and forgotten. Doctors and nurses obediently cleared the wards and prepared themselves. The nation came to a halt, schools were closed, factories were shut, and shops were closed too. Even dentists and opticians were told to lock their doors and help keep the virus at bay. The panic was institutionalized and as a result there would be 28 million people on waiting lists for surgery by autumn of 2020. Many of them will die waiting for treatment that would have saved their lives. This abrogation of duty by healthcare bosses appalls and enrages me. The death rate has already started to rise in most countries not because of the coronavirus but because people are being denied medical care as hospitals and gp's struggle to cope with social distancing rules.
Nevertheless despite this there are already suggestions that social distancing will be permanent. In the U.K. the government and the supine media none more supine than the treacherous BBC (British Broadcasting Company) have raised the fear to terror and when Boris Johnson's government elected to slightly soften the lockdown in England the majority of the population reacted in horror and insisted on checking the doors, locking the windows, drawing the curtains, and crawling under their beds. Governments everywhere have boosted the fear by talking of a second wave of infection and having promoted the idea of a vaccine as the only savior confessing that there may never be one available. Politicians want to control us and they're doing very well. It's difficult to see how we're all going to escape from this fake crisis. Of course If this wasn't a conspiracy to turn us all into subdued apprehensive and obedient zombies they could announce that they'd made a bit of a mistake and that the coronavirus (COVID-19) is no worse than the flu (common cold).
Whoops sorry pardon the mathematicians meant well but they got their sums upside down. They're not going to say that ever. They could say that the coronavirus (COVID-19) has become less dangerous or they could say that their brilliant lockdown and social distancing policies have worked brilliantly and have saved us all so it's now safe to come out from under the bed. But they don't want to do that because they want to keep the threat of a second wave available to scare us with If we start getting cocky and comfortable and they don't want to get rid of social distancing because it's social distancing which give the politicians a massive amount of power. It's social distancing which is ruining our lives and which will weaken us as individuals. It's social distancing which will result in millions of job losses. It's social distancing which will wreck education for millions and most important it's social distancing which is wrecking health care in which will result in huge numbers of people dying unnecessarily.
Governments will enthusiastically promote social distancing as the only way to keep us safe but unless we stand up and fight and tell the truth, social distancing will be with us for years possibly forever and as a result our lives will be ruined in every conceivable way.
Quote from mikeyG »Small businesses like LGSes in the States? They won't receive the help they need, and many will die off because of it.
Quote from WarMachinePrime »Quote from TheOnlyOne652089 »Should just ban all the Campanions and get it over with.
Instead we deal with this crap for the upcoming year.I am guessing they already have Companion cooked into an upcoming set like M21 or whatever comes after Zendikar 3.0 and they don't want to kill the mechanic but possibly change it.
That they haven't banned Lurrus from Modern and Pioneer (and possibly Standard) yet tells me they want to sell more cards over the next few weeks. That is flat out scummy business practice.
Quote from TheOnlyOne652089 »Should just ban all the Campanions and get it over with.
Instead we deal with this crap for the upcoming year.
Quote from ICv2 »One more email received on my question a couple of weeks ago regarding what is going to happen with in-store Organized Play and the future of the OP game store model, this one from Eric Garneau, head of Games and Retail at the Chicago Board Game Café. "I would really love Wizards of the Coast to open up Arena card pools for Ikoria over prerelease weekend, so stores could run a social distancing-era tournament with people building decks out of cards they pulled in physical prerelease packs. In my head, on prerelease Friday I could drive around Chicago like some kind of Magic: The Gathering Santa Claus, bringing people the physical product they preordered, and then running a remote event using those same cards that night. It feels like the functionality should already exist in Arena; it's just if WotC would be cool with it. I know this idea has been expressed on the WPN Facebook group and they said they would look into it.
Meanwhile at the FLGS, most stores reported doing very good sales with Magic: The Gathering – Ikoria Lair of the Behemoths this past weekend, with a number saying their sales hit a typical pre-COVID-19 sales weekend, and a number of stores that had recently come out from under quarantine seeing what they said were sales comparable to Black Friday, even with no in-store play (I also did hear of a few stores running in-store tournaments but most said they canceled everything). A major reason given was players having played with the digital cards on Arena now wanted to get copies of the physical cards in their hands. How were your release weekend sales? Let me know at email@example.com.
And then, by my count, at least three major retailers have declared bankruptcy since most states shut down for quarantine last March: J. Crew, Neiman Marcus, and just last Friday, J. C. Penney. However, it would appear that the primary reason for the bankruptcy declaration was not the closure, although the drop-off in sales there did not help matters any. Rather it was the same thing that pushed Toys 'R' Us into filing for bankruptcy back in 2018 (see "Toys 'R' Us Closing All US and UK Stores"): a reliance on the private equity method of funding to pull a company through.
Although publicly traded, shareholders with enough stock in the company can control it, and with a publicly traded corporation, someone can control it with a surprisingly small amount of stock ownership (the controllers of JC Penny did so while only owning about 8% of the stock), can direct the actions of the corporation, since the rest of ownership is too diffused for the other stockholders to exert much influence on the corporation's actions. In case of TRU, J. Crew and Neiman Marcus, private equity firms borrowed against the value of the company to buy all of the outstanding stock in the company, taking them from publicly traded corporations to privately held ones that now held all of the debt that the private equity firm had taken on to purchase them. Ideally then, the private equity firm puts in new management to turn the company around, moving it towards profitability and using those profits to pay down the debt before selling the company at a profit 2-3 years later with a target ROI of about 25%. While the majority of private equity firms do just that, a few fail and those are the ones that make headlines as their failures usually lead to bankruptcy and a significant amount of media attention.
Quote from WarMachinePrime »Out of curiosity are we talking high school/college aged young adults here? I played basically at the beginning (early 1994) in Grad. School and would have rather not played than tried to ask friends to give me money or cards. Granted at the time the secondary market was no where near the predatory crap fest it is now. I thought 40 bucks for a Black Lotus was too rich for my blood at the time.