this post was submitted on 11 Dec 2024
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Nintendo now owns 100% of Monolith Soft (automaton-media.com)
submitted 8 months ago by picandocodigo@lemmy.world to c/nintendo@lemmy.world
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[–] slimerancher@lemmy.world 6 points 8 months ago (1 children)

As per the article Nintendo already owned 96% of the shares. Original founders had only 4% shares till March. Sometimes after that, Nintendo has acquired those 4% too.

[–] donuts@lemmy.world -2 points 8 months ago (1 children)

Is releasing multiplats out of the question when a stakeholder has 96%? Otherwise I fail to see what the connection is to my comment

[–] rikudou@lemmings.world 13 points 8 months ago* (last edited 8 months ago) (1 children)

The connection is that there's almost no difference between 96% and 100%. When you own 96% of the company (and thus your opinion has a 96% weight), you control the company.

[–] donuts@lemmy.world 1 points 8 months ago

Fair enough