@[email protected]M to [email protected]English • 2 years agoEmbracer Group Paid $395 Million for ‘Lord of the Rings’ Rights | Varietyvariety.commessage-square7fedilinkarrow-up119arrow-down10cross-posted to: [email protected]
arrow-up119arrow-down1external-linkEmbracer Group Paid $395 Million for ‘Lord of the Rings’ Rights | Varietyvariety.com@[email protected]M to [email protected]English • 2 years agomessage-square7fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish3•2 years agoWhy spend 2 billion on a property valued at 2 billion if the goal is to harvest some of that value as profit?
minus-square@[email protected]linkfedilinkEnglish2•2 years agoWhy sell a property valued at 2 billion for only 395 million?
minus-square@[email protected]linkfedilinkEnglish3•2 years agoBecause 395 million in the hand is worth 2 billion in the bush?
minus-square@[email protected]linkfedilinkEnglish1•2 years agoApparently. Its just an interesting decision to settle for an 80% discount. Perhaps it has something to do with the current economic situation
Why spend 2 billion on a property valued at 2 billion if the goal is to harvest some of that value as profit?
Why sell a property valued at 2 billion for only 395 million?
Because 395 million in the hand is worth 2 billion in the bush?
Apparently. Its just an interesting decision to settle for an 80% discount. Perhaps it has something to do with the current economic situation