There have been reports that Games Workshop has been sold, and that the announcement has just not yet been made. Right now these are mostly rumors and conjectures, and since we have been hearing these rumors for years, they are hard to believe.


So lets assume for a second that the company is changing or been sold. Could this not be very beneficial to the hobby as a whole? After all there are many shortcomings the community has with the company, and this would be the perfect opportunity for some changes that could seriously rock the hobby and take it to new heights.

Please understand that there are lots of these rumors floating around right now. If and when something is announced I will have more information coming.

via Lokken on Apocalypse 40k
http://apocalypse40k.blogspot.com/2013/06/games-workshop-sold.html
Now I have a yet unconfirmed source, telling me that the deal has happened, and simply hasn't been announced yet.  I have tried to tap into my sources at GW, but nothing. 

19 Comments:

  1. I have a theory that I may have to blog about at some point. But I don't think they've been sold yet. I believe that, if it happens, it'll be around the end of next year. Keep an eye out for my theory (and the subsequent being proved wrong, of course!)

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  2. I remember many times people saying that it MIGHT be sold, or that there was something in the works. But I have yet to hear anything to say that they HAVE been sold.

    As a note, If this is true, but it hasn't been announced, then the deal MAY not have closed. If that is the case, then news of this sale COULD seriously impact the deal, by effecting stock prices or other factors.

    In any case, I honestly have no desire to sower the deal. It could very well be a GOOD thing for the company and the game if this is true. We have no way of knowing.

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  3. It could also be bad for the community, depends on who bought the company (if it's true). We could see push to make it more mainstream, which would kill the game. Or a push to make it more like klix games with pre painted minis. Be careful what you wish for, you might get it.

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    Replies
    1. That is why I always wish for ponies.

      Really though it will be interesting, since no company within the hobby has the cash to buy GW.

      Delete
    2. You don't buy the brand Ferrari if you intend to make compackt Toyotas.

      Warhammer is the game people think of when you say Miniatyre war game. And you don't change the actual game when you buy the brand, if the brand works.
      What you might do is change how you communicate the brand to the customer.

      So changes in how releases are handeled, how or if you have GW stores, how online slaes etc work is what you change.
      You never ever change the product as long as the product is successful, which Warhammer is.
      On the same note a sale of GW is not going to be by another company. But investors.
      Then again I thought GW was a public company, meaning they have share holders and that stuff.

      Delete
  4. GW is a public company. It cannot just announce one day that it is sold. Some one might buy controlling interest in the company but those purchases must be registered on the market so you might be able to negotiate the sale of shares with the 7 major share holders to get to the 55% to have control in one swoop but their might be legal and disclosure issues there. And then you do not get instantous control as you have to go through normal corporate processes.

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    Replies
    1. even controlling interest need to have the shareholders informed, considering that Kirby is the chairman, and the CEO he won't be allowed to exercise his controlling interest without at the very least informing the shareholders.

      Delete
    2. This.

      It's not a simple "This company belongs to A. A has sold it to B, yay".

      It's more of a "This company belongs to A, B, C, J, Y, X & Z. They may not want to sell their chunks of the company and it's tied up with all sorts of legalities, yay".

      I don't think Games Workshop has been sold at all; it would've been disclosed as Daboarder says further down and there's been zip.

      Delete
  5. Just gimme my damn Nid and Ork codex so that if new ownership puts this game in the tank I can cling to 6th edition. Kinda like I've done with my necromunda hardback.

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  6. I really hope they sold it. There are so many ways from them to make our hobby better, and generally improve their relationships with their customers. Right now I feel like I'm doing a drug deal anytime I deal with them: when I'm not buying what I need I stay as far away as possible.

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  7. I do remember hearing whispers years ago of Hasbro having an interest...

    ReplyDelete
    Replies
    1. It won't happen. Besides, Hasbro isn't looking to cut into their own games by acquiring the largest miniatures company (which resides primarily in the UK, mind you). They just don't have the resources to push Magic: the Gathering, Dungeons & Dragons, and Warhammer/40k at the same time. All alongside MTGO, D&D Online, Dawn of War/Warhammer Online, etc.? What about Forgeworld and Black Library? I bet Hasbro would cut those off and NOT grant a license for other companies to piggyback on the content.

      It would just be a bad move on both ends of that deal.

      Delete
  8. Their stock is up, their sales (in volume and profit) are up, they are releasing books per system every other month, giving us frequent FAQ's and some congruent rulings, releasing some of the most impressive models in gaming history, and expanding with Black Library and video games. Some big shots may have decided they want it on that. Even so, they are publicly traded, so there'd be a lot more news about it. Nothing like this would be hush-hush.

    Despite the whiners (which make up the minority, but just so happen to be loud), GW has remarkable customer service. Yes, their prices are high, but Privateer Press costs more per model than GW. It's the start-up that gets people.

    This is a niche hobby and should stay that way. Mainstream is not always a good thing, and lends itself to dumber, more generic rules and miniatures. Cheaper minis would also mean less money to pay the top artists, writers, sculptors and CAD experts. Would we really want horribly molded, pre-painted Space Marines appearing in the toy section of Wal Mart?

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  9. well considering they are a public company....

    and....NOTHING http://www.bloomberg.com/quote/GAW:LN/news

    mean that their has been nothing,

    no offer of intent, no recommendation to the shareholders by the board and no informing the stock exchange....YEAH NO!!

    ReplyDelete
  10. I could see GW going private/bought by a private equity firm. Advantage of going private is they just need to make their new owners happy, not the markets. But, as Daboarder indicated, if there isn't any "public" news, then there's probably not much happening, or GW is considered such a niche company that nobody is following it. I wonder if we'll see anything as part of the chapterhouse trial going on now...

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  11. It the GW management was looking to close a sale, that would explain many things that have happened in the last 12-18 months that were very short term oriented. For example, all the price increases would probably increase the short-term profit at the cost of long term growth.

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  12. motherless piece of faeit ... you are baaaaaaack!

    ReplyDelete
  13. I really hope they sold it. There are so many ways from them to make our hobby better, and generally improve their relationships with their customers. Right now I feel like I'm doing a drug deal anytime I deal with them: when I'm not buying what I need I stay as far away as possible. cartao psn

    ReplyDelete

 
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