RUMOR: Square Enix and Warner Bros. Both Want Controlling Interest in Eidos

By Stephany on Thursday, December 4th, 2008 at 8:28 AM PST In Eidos, Electronic Arts, Gamer Life, Games, Games Industry, Square Enix, Ubisoft

eidos logo qjpreviewth RUMOR: Square Enix and Warner Bros. Both Want Controlling Interest in Eidos

If the bigwigs over at Eidos were to look upwards today, they may see a stream of buzzards circling overhead in a most ominous fashion, if a report over on MCV is to be believed. Last week and this week, most rumors circulating around the possible take over of Eidos have mentioned Electronic Arts and Ubisoft within the same sentence, but Warner Brothers is the one that has purchased 20 percent of the stock in Eidos and have had restrictions lifted on purchasing more. However, today, MCV is reporting that Square Enix is thinking about throwing their hat into the ring as well… or to begin circling the skies above Eidos with the rest of the lot.

Although Warner Brothers would only have to purchase another $30 million for a controlling interest in Eidos, $80 million would give it total control over the company. Yet, with Square Enix showing interest now in the way of company president Yoichi Wada visiting Eidos’ Denmark developer studios, rumors have the Square set to make a bid on controlling interest in the company.

A source for MCV stated that: “I think Warners will still win, but it’s very interesting that Square have expressed this late interest. They are clearly looking for Western talent.”

This would make perfect sense because Square is interested in creating titles with a more Western appeal, and with Eidos in dire straits financially, this could indeed be a significant step towards a more global market for Square Enix. That is, unless Warner Brothers beats them to the punch.

Until more a concrete announcement is made however, take the news of Square Enix making a play towards Eidosas just a rumor for the time being and don’t count out Warner Brothers just yet. Someone will win the race eventually, and when they do we will be sure to let you know who crossed the finish line first.

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