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Game Not In Trouble


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#1 bmf

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Posted 31 March 2012 - 08:38 PM

http://www.bbc.co.uk...siness-17575500

The investment group, Opcapita, will announce on Sunday it is buying the rump of the troubled Game Group out of administration, the BBC understands.

The deal will keep open 333 stores and save 3,100 jobs.

#2 Ulfar

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Posted 31 March 2012 - 08:44 PM

They better change their business model otherwise they won't stay open for long.

#3 Ungeared

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Posted 31 March 2012 - 09:10 PM

Not sure on the figures but i believe there are around 6000 UK workers for Game, I could be wrong, however the BBC reporting on the positive when really 2900 people will be losing their jobs when 6000 were employed a week ago is a disaster.

Similar thing happened when Peacock's administators saved so many hundreds of jobs forgetting that hundreds more lost their jobs. :blink:
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#4 Ash4781

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Posted 31 March 2012 - 10:11 PM

They better change their business model otherwise they won't stay open for long.


I think it relies upon Sony, Nintendo, and Microsoft getting a move on and getting their new console hardware out to drive sales. The rumours on the news articles suggest that there won't be any option to play used games, and no backward compatibility!

#5 Tiger Woods?

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Posted 31 March 2012 - 10:49 PM

http://www.bbc.co.uk/news/business-17575500

The investment group, Opcapita, will announce on Sunday it is buying the rump of the troubled Game Group out of administration, the BBC understands.

The deal will keep open 333 stores and save 3,100 jobs.


Bonuses all around, and then bankruptcy in 2 years.
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#6 Dave Beans

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Posted 01 April 2012 - 01:43 AM

Bonuses all around, and then bankruptcy in 2 years.


Asset stripping? I'm waiting to see if that's what they'll do to Comet..
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#7 nmarks

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Posted 01 April 2012 - 05:46 AM

Investment group Opcapita to insert more credit.
The 25 Most Dangerous People In Financial Media

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#8 MrPin

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Posted 01 April 2012 - 07:11 AM

April Fool? :lol:
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#9 seb197

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Posted 01 April 2012 - 07:26 AM

Insert coin

1'up

Etc

#10 Ulfar

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Posted 01 April 2012 - 08:19 AM

I think it relies upon Sony, Nintendo, and Microsoft getting a move on and getting their new console hardware out to drive sales. The rumours on the news articles suggest that there won't be any option to play used games, and no backward compatibility!


This will hurt retailers even more as they make more profit from used games. Stopping the used game market only benefits the developers and even this is debatable as people will be much more careful about which titles they buy.

#11 Ash4781

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Posted 02 April 2012 - 06:30 AM

Asset stripping? I'm waiting to see if that's what they'll do to Comet..

I wonder if they'll be after HMV, and Dixons? That would give them the monoply set!




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