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Agent Escalus
Oct 5, 2002

"I couldn't stop saying aloud how miscast Jim Carrey was!"


In the annals of headlines you probably never anticipated you'd be reading...

quote:

Controversial Crown Prince of Saudi Arabia Aiming to Acquire Majority Ownership of SNK
MiSK charity buys 33.3%, with a view to taking control of 51% in future.

The crown prince of Saudi Arabia - through his youth-focused MiSK charity - has purchased 33.3% of SNK, the developer behind King of Fighters, Samurai Shodown, Metal Slug and more. MiSK has announced its intent to buy a total of 51% of shares, and take majority ownership.
It's a move that's already causing controversy, given that the crown prince, Mohammed bin Salman, has previously been directly implicated in the murder of Washington Post journalist Jamal Khashoggi, accused of sending an assassination hit squad into Canada, and is the de facto leader of a country repeatedly lambasted for multiple human rights abuses.

The 33.3% of SNK shares were bought for approximately $216 million, valuing the full company at around £648 million.

Announced by the MiSK organisation today, the move to acquire an SNK majority is described as a means of "empowering Saudi men and women through building economic partnerships, as part of the institutionís updated strategy to maximize the impact on youth empowerment." MiSK has previously worked with SNK on video game and animation projects, creating training programs for aspiring Saudi game developers.
When asked for comment by IGN, SNK refused, aside from pointing to its stock transfer agreement.

When most otaku types have a "but my waifus!" thing going on, they just buy the merchandise. But if you're as super-wealthy as MBS and have a thing for Mai Shiranui, you pull a hostile takeover to own her actual IP! (...I guess)

I wonder if this would have still happened if the original incarnation of SNK hadn't had all that financial trouble back in the day. Even if they had survived and we still never got another WonderSwan handheld.

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Meme Poker Party
Sep 1, 2006

THIS NEW AV WILL LET ME POST LIZARD TITS TWICE AS EFFICIENTLY!

IT'S GIVING ME A FUCKING BONER RIGHT NOW!


That's MY Shiranui!

- A Saudi prince.

Tenzarin
Jul 24, 2007
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Taco Defender

Fatal fury came out in the 90s and 5 people know it was about characters from king of fighters. Series is dead let them have it.

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