adderslj: (Default)
adderslj ([personal profile] adderslj) wrote2006-11-11 10:04 pm

ZOMG! White Wolf so sells out! WTF?

And other exclamations used by the youth of today.

[livejournal.com profile] angusabranson has the big news: MMORPG company buys White Wolf.

Hmm.

[identity profile] michael-b-lee.livejournal.com 2006-11-11 11:36 pm (UTC)(link)
Yeah, I caught that, too. My take is that Tinney got somebody to absorb the company (and its debt) to keep it afloat. Not sure exactly what "independant subsidiary" means, but I can't help but wonder who got the better end of the deal.

[identity profile] adders.livejournal.com 2006-11-12 12:00 am (UTC)(link)
"independent subsidiary" is what we like to call "Press release bullshit". You are independent, or you are a subsidiary. WW is now a subsidiary company. History shows that subsidaries tend to get absorbed into the parent company pretty quickly, if only because the people from the subsidairy who don't fit into the new corporate ethos tend to walk within the first 18 months.

[identity profile] michael-b-lee.livejournal.com 2006-11-13 05:49 am (UTC)(link)
Okay, that's kind of what I figured. The term just didn't make any sense.

I can't help but think that Tinney's outsmarted himself this time. We shall see, I suppose.