The direct cost of an acquisition (like the $3.6 billion spent on Bungie) does not affect income in the period of the acquisition. Depending on how the acquisition was financed, the most direct financial “consequence” would be a cash outflow to fund the purchase - but that completely bypasses the Income Statement. (In the simplest case you only get a reduction in cash but a corresponding increase in other accounts on the Balance Sheet - like Property, Plant, & Equipment and Goodwill).
However, the costs surrounding the acquisition (legal, consulting, and/or investment banking fees) could be hitting the Income Statement and reducing income. In addition, after the acquisition closes any losses incurred by the newly acquired subsidiary would also affect the Income Statement. So, the costs of keeping the lights on at some of the new studios like Haven and Firesprite could have contributed to the decline in income.
FB:M '23 is a huge get. AHHHH vampire survivors on console!!! thats massive, I was hoping it would come to console and wish more games like that did hit console.
Hmm, I feel its a great way to learn the game and the game kind of guides you in waht to do. YOu can delegate some tasks to assistant managers. I do have to warn may take a couple of hours to find rhythm, but once you find it you’ll get hooked
I’m kinda shocked how high Persona is in Australia it’s getting close to the top 10 last I checked. This is going to be a good card for Microsoft to get more JP content on Xbox.
