2007-08-02
um.. how does this work?
According to "Paid Content":http://www.paidcontent.org/entry/419-disney-acquires-club-penguin-in-deal-values-at-700-million-to-be-brande/ Disney just bought "clubpenguin":http://clubpenguin.com for $350M + another $350 possible earnout.
so.. what I don't understand is how the maths works here.
The site has 700,000 members each paying $6/month. If you do the raw estimates disney has just paid $1,000 per account.
lets say clubpenguin REALLY takes off, and say becomes as big as the world largest (WoW) which I think has 8million subscribers.. It would still mean $100/account.
shit.. I need to stop coding for the man and start learning flash and cute graphics, before some bean counter comes with a pin and bursts this bubble