Sony + Club Penguin? « Joi Podgorny

Sony + Club Penguin?

May 16, 2007

It’s been rumored for a while that Montgomery Securities is representing virtual world Club Penguin in a sale transaction. It looks like the company is locked in talks, possibly exclusive, with Sony, and the price is “at least half a billion” says a source close to the deal.We mentioned Club Penguin last month when a competitor launched from IAC called Zwinktopia. The company is killing it – projected revenues of $65 million in 2007 with $35 million in profit. Having nearly 50% bottom line margin is exceptional. The company has around 500,000 active users.A stumbling block in the negotiations appears to be a disagreement over charitable contributions. Club Penguin donates a significant portion of profits to charity and wants this policy to continue post-acquisition. Sony reportedly isn’t hot on the idea.Club penguin is a virtual world for young kids. Sony may see significant synergies by tying it into their Playstation platform. Other bidders that were in talks until very recently reportedly include AOL, Disney and Viacom.

This is good news for Club Penguin’s virtual world competitors as well – which broadly includes Second Life, Runescape, Gaia, Habbo Hotel, Cyworld, Neopets, Club Penguin, Webkinz and others.

Club Penguin In Acquisition Talks With Sony For $500+ million

technorati tags:club penguin, tween, disney, kids, Nick, kids, webkinz

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Entry Filed under: Club Penguin, Disney, kids, online community, tween. .

14 Comments Add your own

1. Rouge135 | May 19, 2007 at 11:52 am

This is BULL, this is a terriblly offer, the 1 and ONLY reason sony wants club penguin, is because the ps3 STANK, they need more money so they find money makes and go for it…
Reply
2. duado1 | June 5, 2007 at 8:11 am

you ppl are so crule cry cry now what are we going to play for kids all there is is webkinz wich is for babys and other chat room are for adults! and wierdos! so plz im begging you plz dont take it over
Reply
3. Dew170 | June 21, 2007 at 4:58 pm

SONY YOU’LL PROBABLY ALLOW SWEARING ON IT, AND IF THAT HAPPENS THE 10 AND UNDER KIDS’ PARENTS WON’T LET THEM PLAY ANYMORE, SO YOU WILL LOSE A LOT OF PEOPLE. ALSO YOU ARE SO GREEDY BECAUSE YOU DON’T WANT TO DONATE MONEY TO PEOPLE WHO NEED IT, BUT INSTEAD YOU’LL JUST MAKE ANOTHER PIECE OF JUNK SYSTEM THAT WON’T SELL GOOD.
Reply
4. Dew170 | June 21, 2007 at 5:06 pm

If Sony buys it here are some changes I think will happen.

*We will be allowed to swear as i mentioned in my other comment.
*puffle round up will be changed so that puffles attack you and you have to defend yourselfs from them as you put them in the cage.
*The penguins will get energy so we will only be able to play for a limited time a day.

That is what I think will happen so far.

Dew170 RPF Seargent (Unrelated)
Reply
5. chilly731clubpenguin | July 4, 2007 at 5:53 pm

http://waddleworld.fullboards.com/Waddle-World-c5/Waddle-World-Updates-f2.htm
Reply
6. chilly731clubpenguin | July 4, 2007 at 5:54 pm

SEE THE WINNERS OF THE ABERCROMBIE AND FITCH PENGUIN MODEL CONTEST AND TO HEAR ALL OF THE SONGS THAT WERE EVER ON CLUB PENGUIN!!!!!!

~CHILLY731
Reply
7. Club Penguin fan | July 5, 2007 at 3:35 am

How greedy is Sony? they can offer $500 million to buy club penguin, but they won’t donate a small portion to charity! I will cry if cp sells it…. why cp? why????
Reply
8. No one | July 5, 2007 at 1:15 pm

Sony you suck if you break cps tridition
Reply
9. Sumeyya | July 12, 2007 at 12:59 pm

SAVE CLUB PENGUIN!!!!!!!!
~Sumeyya
Reply
10. 123anton | July 13, 2007 at 11:40 am

lets have a protest sony will ruin club penguin and CLUB PENGUIN FAN UR RIGHT!
Reply
11. 123ANTON | July 26, 2007 at 11:41 am

sony are crap
Reply
12. barba | August 23, 2007 at 1:20 pm

get me on to cliub pengiun now please
Reply
13. G Revelution | August 30, 2008 at 9:39 pm

Ugh! Sooo many people wanna take of Club Penguin! SHIT!!
Reply
14. jacko48 | January 11, 2009 at 10:20 pm

I MUST USE MY SUPERPOWERS!… if i have any?
Reply

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