Author Topic: Kongregate bought by GameStop (Read 5025 times)

Caution · July 27, 2010, 11:59:34 PM

So I heard today while looking through Technology News on my Wii News Channel that the awesome gaming website Kongregate was recently purchased by the largest game retailer in the US, GameStop. I looked further into it and there is indeed a news posting on Kongregate about it.

The story on my Wii said that the site sold for an undisclosed amount between $3 - $4 million. Imagine simply creating a website, recruiting some workers and developing it and making a stuffload of cash off of it. Reminds me of the CEO of Facebook, and how he made over $3 billion last year.

I thought this was interesting, discuss.

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Qwepir · July 28, 2010, 12:01:00 AM

Oh no not gamestop

Frenchfrie · July 28, 2010, 12:02:08 AM

Ask kongerate for battle toads on the wii

Caution · July 28, 2010, 12:02:23 AM

Quote from: Qwepir on July 28, 2010, 12:01:00 AM

Oh no not gamestop

Yeah, those damn ripper-offers. :P

JD · July 28, 2010, 12:03:33 AM

Haha Kongregate's former owners really made a wise choice by selling it, I doubt they were making nearly that much previously.

tails · July 28, 2010, 12:04:13 AM

Quote from: JD on July 28, 2010, 12:03:33 AM

Haha Kongregate's former owners really made a wise choice by selling it, I doubt they were making nearly that much previously.

Not really former, Since all the staff are staying.

http://www.kongregate.com/pages/kongregate-announcement

JD · July 28, 2010, 12:05:29 AM

Quote from: tails on July 28, 2010, 12:04:13 AM

Not really former, Since all the staff are staying.

http://www.kongregate.com/pages/kongregate-announcement

I should read more carefully. :o

Caution · July 28, 2010, 12:06:41 AM

Quote from: JD on July 28, 2010, 12:03:33 AM

Haha Kongregate's former owners really made a wise choice by selling it, I doubt they were making nearly that much previously.

I would just consider it a bonus. After all,

Quote from: tails on July 28, 2010, 12:04:13 AM

all the staff are staying.

I do love Kong though. <3

Niven · July 28, 2010, 12:15:30 AM

Sandvich · July 28, 2010, 12:25:12 AM

My favorite site bought by my favorite store
Cool with me

SpreadsPlague · July 28, 2010, 12:32:20 AM

I was about to be like ffffffffffffffffFFFFUUUUU--

but GameStop are coolbr0s

at least it wasn't Disney?

Caution · July 28, 2010, 12:33:49 AM

I like how everyone has some idiotic view that Disney is strictly for a young audience.

_Rave_ · July 28, 2010, 01:40:47 AM

Quote from: Caution on July 28, 2010, 12:02:23 AM

Yeah, those damn ripper-offers. :P

If that was sarcasm, lol.

If not, How could they offer a lower price?

VerticalHorizon · July 28, 2010, 01:49:28 AM

GameStop does not get to pass GO or collect $200.

Caution · July 28, 2010, 02:03:10 AM

Quote from: VerticalHorizon on July 28, 2010, 01:49:28 AM

GameStop does not get to pass GO or collect $200.

In other words, it's a game ... STOP.

I made a funny. :D