Daybreak Game Company Claims They Are Not Owned By Columbus Nova

Daybreak Game Company Claims They Are Not Owned By Columbus Nova
EventHorizon1984
26 April 2018

 

“we want to set the record straight”
Daybreak Game Company LLC

With the "edited by Roxxlyy" stamp of approval, Daybreak Game Company made this odd announcement.

In short, Daybreak Game Company claims they are not owned by Columbus Nova.

Multiple publications, such as Games Industry and Massively Overpowered, have speculated that the announcement has to do with the U.S. Department of the Treasury freezing Russian assets.

Whatever Daybreak's reasons are to "set the record straight," perhaps they can get Roxxlyy to edit this gem from the publication Forbes.

• Sony Online Entertainment Sold To Investment Firm (Erik Kain, February 2, 2015)
  • "Sony Online Entertainment, newly rebranded as Daybreak, is a great addition to our existing portfolio of technology, media and entertainment focused companies. We see tremendous opportunities for growth with the expansion of the company's game portfolio through multi-platform offerings as well as an exciting portfolio of new quality games," said Jason Epstein, Senior Partner of Columbus Nova"
  • "We are excited to join Columbus Nova's impressive roster of companies." John Smedley

Or this 'shiney' from Venture Beat.

• Columbus Nova has no plans to shut down any Sony Online Entertainment games (Jeff Grubb, February 2, 2015)
  • "The company (Columbus Nova) says it takes a "long-term view" on investing, and the company plans to apply that philosophy to its new game developer"
  • "I imagine Columbus Nova will look to expand revenues on consoles, PC, mobile, and tablet and then decide what to do with Daybreak," Wedbush Securities analyst Michael Pachter

Presuming she's not hit by the current round of Daybreak layoffs.

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Addendum 2018.04.26

The current Daybreak Games Privacy page makes this statement.

"Daybreak Games may share your Personal Information for the purposes described in this Privacy Policy (except for direct marketing) with its affiliates, including any entity that directly or indirectly owns fifty percent (50%) or more of the outstanding equity in Daybreak."

That current section differs from past Privacy pages. Such as this 'sparkly' from September 03 2017. Courtesy of the Internet Archive WayBackMachine.

Emphasis ours.

"Daybreak Games may share your Personal Information for the purposes described in this Privacy Policy (except for direct marketing) with its parent companies, which consist of Columbus Nova Private Equity Group (“CN”) and any company controlled by CN that directly or indirectly owns fifty percent (50%) or more of the outstanding equity in Daybreak."

Depending on your level of lawyer-ese, the sentence states Columbus Nova "directly or indirectly owns fifty percent" of Daybreak.

Interesting.

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"Oooooookay"
Bull Shannon (Richard Moll), Night Court (1984-1992)

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