Sony Ent. industry fairness (global monopoly)

For years Sony has been not so quietly buying up smaller (and larger) competitors in numerous fields related to electronics, entertainment and mobile devices, but in recent times it’s escalated and, in some arenas, including the gaming and anime industries, is reaching a fever pitch.

About a year and a half ago while Microsoft was still working on their purchase of Activision (which would bring them up to a 27.3% stake in the global gaming market), a US senator cited that Sony controls a 98% monopoly of the high-end gaming industry in Japan. This is listed at a cumulative 45.5% globally as of 2023.

Compared to second, Nintendo at 27.7%, and the aforementioned Microsoft, this is quite a large figure.

Sony is now also posed to purchase FromSoftware Inc. as part of their intent to acquire FromSoftware’s parent company, industry giant Kadokawa. Kadokawa owns a huge stake in the publishing, anime and gaming industries and as Sony pushes ever closer to a global monopoly (in said fields), I have to wonder if this is really good for anyone other than Sony?

I mean, it’s already happening so the typical first post response of “Somebody will always own everything, what’s new?” is probably the easiest one to accept, but on the other hand I know that some members here work in the gaming industry, and everyone here has some stake in being entertained, so I imagine a few people might have already given this topic some thought.

Now generally speaking, Sony-san is not your typical mustache twisting villain.

They are somewhat socially conscious and support a number of charities as well as having started a mental wellness program for artists, creators and support staff within their notoriously brutal domestic entertainment industry.

Here's a short list of various charities which I found that Sony supports in one way or another, some they run and others they pay into:
  • Global Social Justice Fund: Supports organizations that promote social justice and anti-racism initiatives
  • Sony Education Foundation: Supports schools and teachers with science education
  • Sony Foundation Australia: Improves the health and wellbeing of young Australians with severe illness, disability, and homelessness
  • Sony Canada Charitable Foundation: Supports children, the environment, and the community in Canada
  • Theatre Development Fund: Supports education and accessibility programs, including the Autism Theatre Initiative
  • Harlem Educational Activities Fund (HEAF): Helps underserved youth develop academic ability, social values, and personal resilience
  • Gameheads: A Bay Area-based nonprofit that trains low-income youth of color for careers in the tech and video game industries
  • Sony Science Foundation: Organizes special science programs for children
  • Sony Music Group: Supports a variety of non-profit partners globally and locally, with a focus on corporate social responsibility, COVID relief, environmental sustainability, and social justice

So, what do you think? Feel free to discuss Sony Ericsson or Columbia pictures, Crunchy Roll, Screen Gems, basically anything Sony has a hand in which you feel might be relevant to the overall picture of Sony’s empire as it relates to fair market practice or it’s impact on consumers.

There is a FromSoftware games thread if you just want to talk about games, I know this topic was mentioned in that thread but it’s really both it’s own thing, and a lot bigger in scope than the discussion about FromSoftware would allow for.

As always, let’s be chill about it, thanks!

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Bonus question for anyone who might know: Will this create a significant number of jobs? If so, how much will it offset the cost?

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Sony buying Kadokawa is like factory buying a school. By aquiring Kadokawa they will just disrupt a learning environment for creatives, that later go on working for bigger companies.

This gives me bad mojo overall. Kadokawa is still publishing things that are interesting to me to this day, while Sony fell off for me around late 2000s.

You think they can just chomp off From Soft and chill out?

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media consolidation is a blight on society in general, not just the artists screwed over by it. Biden has been far and away the best antitrust enforcing president in decades but that’s all going to be over in a month because 75m people give zero shits about the issue

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M&As never eeeeeeever increase the number of jobs available. It’ll only cost us as individuals and in aggregate.

Antitrust enforcement does though!

Lina Khan at the FTC was really good! It’s a shame she’ll be replaced with a Musk-picked stooge for the absolute worst techbro robber-barons.

Sorry world for the manchildren in charge. I’m sure you see similar demagogues rising where you’re living as well.

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I don’t have much to add to the conversation other than that I’m never thrilled when this sort of thing happens. My industry is full of acquisitions like this and, while very very different from entertainment, I suspect the post-acquisition pattern will be similar to others we’ve witnessed lately. Acquire, immediately nuke the acquired company’s HR, marketing, mid-to-high-level management and other “redundant” jobs and then find new and inventive ways to fuck over everybody but the top levels in the process, likely including customers.

I’m curious to hear opinions from people who actually work in entertainment here.

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If Michael Jackson were still alive, he would probably have some battle stories about Sony to share in an adjacent entertainment industry.

re FromSoft: Both the Elden Ring and Dark Souls IP are owned by Bandai Namco and Sony has shown a remarkable lack of interest in doing anything with Bloodborne again. Not sure what their goal in that specific case is tbh.

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I can’t honestly remember a time when Sony the entertainment juggernaut knew what the fuck they were doing. They just blunder through.

Edit: That’s unfair, their hardware divisions are fine (memory stick excluded) and I enjoy a A7III camera,

It’s their entertainment division that sucks shit through a tube.

They didn’t do the Spider Man animated movies, just distributed them right?