Codemasters Votes in Favor of EA Deal

Codemasters directors have voted to approve of EA's proposed takeover of the racing sim specialists (thanks Gamasutra). EA stepped in with a better deal than Take-Two's prior offer, and Take-Two subsequently dropped their bid. Word is the USD$1.2 billion deal will now go forward, even if a higher proposal from another party follows:
Following the announcement from Take-Two Interactive Software, Inc. ("Take-Two") on 13 January 2021 that it had, with the consent of the Panel, lapsed the Take-Two Offer, the irrevocable undertakings executed in favour of Take-Two by each of the Codemasters Directors who hold, or are otherwise beneficially interested in, Codemasters Shares to vote in favour of the Take-Two Offer have also now terminated.

Codemasters today announces that Codemasters Directors who hold, or are otherwise beneficially interested in, Codemasters Shares, have entered into irrevocable undertakings with Bidco to vote in favour of the proposed acquisition of Codemasters by Bidco (the "Acquisition") at the Court Meeting and the General Meeting convened to be held on 3 February 2021, in respect of 6,614,250 Codemasters Shares, representing, in aggregate, approximately 4.34 per cent. of the issued ordinary share capital of Codemasters. Further details of these irrevocable undertakings are set out at the Appendix to this announcement.
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22 Replies. 2 pages. Viewing page 1.
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22.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 24, 2021, 14:44
22.
Re: Codemasters Votes in Favor of EA Deal Jan 24, 2021, 14:44
Jan 24, 2021, 14:44
 
RogueSix wrote on Jan 22, 2021, 14:38:
Sequella wrote on Jan 22, 2021, 12:51:
Burrito of Peace wrote on Jan 22, 2021, 12:12:
Welp, goodbye Codemasters. Your sim racing games are going to take a meteoric nose dive in quality and depth.Thankfully, SimBin is still around.

Nah... they're just going to take whatever racing games Codemasters has now and resell them virtually unchanged every year with the year slapped on the name.

Has Codemasters been doing anything different? Or are you telling me that F1 2017, 2018, 2019, 2020 have all been totally different games, developed from scratch each year with massive new features, improvements and new-everything?

Different than EA? Yes. Your second sentence is beyond moronic, so I'll just let its absurdity speak for itself (which is more than it actually deserves, but I'm feeling generous...)

21.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 20:11
21.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 20:11
Jan 22, 2021, 20:11
 
Scottish Martial Arts wrote on Jan 22, 2021, 18:36:
The problem with Dirt 5 is that it's soulless and repetitive, not that it looks like an XB360 game.

The racing genre is perhaps my favorite, and "soulless and repetitive" is definitely the best description for the racing games that get it wrong.

Even with the saturated graphics, Codies Dirt 1 on the 360 was my favorite of the series. It was more pure and to the point, with a focus on making the driving fun. After that, Codies kept increasing the DUDE BRO atmosphere with stupid high-five commentary, pyrotechnics, and frivolous content. That also found its way into the GRID series. There's a perpetual teenage boy market for that, but without enough substance and quality on the track, adults aren't going to bother. The F1 series stands out as being neutral to the point of boring which also makes it inaccessible to non-F1 fans.
20.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 19:06
Slick
 
20.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 19:06
Jan 22, 2021, 19:06
 Slick
 
Scottish Martial Arts wrote on Jan 22, 2021, 18:36:
Slick wrote on Jan 22, 2021, 15:58:
There's a reason why Dirt 5 is one of the only games that hits 4k@120hz on PS5, it looks like it's from 2012.

Uh wut? Dirt 5 is the only Codemasters racing game I've played because it's one of the handful of PS5 launch titles and the options are slim right now. BUT Dirt 5 easily looks as good as Demon's Souls, and together they are real technical showcases for the console. The lighting and weather effects in particular are stunning, especially at night. I think you may have forgotten what games from 2012 looked like.

The problem with Dirt 5 is that it's soulless and repetitive, not that it looks like an XB360 game.

Fine, 2013 then, call it first-gen games for the Xbox One. Happy? It's criminal how little codemasters have invested in their engine over the years, it's super dated, and very underwhelming. All the visual effects are flat and reek of "last-gen". I literally can't think of a less visually impressive racing game than anything Codemasters has put out recently. Literally every other racing game from any other studio is more visually impressive.

That being said, I ENJOY codemasters games more than any others, they generally get the arcade-sim balance just right. And I'm HAPPY that they're going to hopefully get a much-needed blast up the caboose to improve their tired-ass engine. Shit is 2000 and late.
For your transgressions you shall be labeled a shill, called an idiot and anytime you mention facts or disagree with a tribe member you will henceforth be known as a troll. The best you can hope for is that the labels won't haunt your offspring. -RedEye9
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19.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 18:36
19.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 18:36
Jan 22, 2021, 18:36
 
Slick wrote on Jan 22, 2021, 15:58:
There's a reason why Dirt 5 is one of the only games that hits 4k@120hz on PS5, it looks like it's from 2012.

Uh wut? Dirt 5 is the only Codemasters racing game I've played because it's one of the handful of PS5 launch titles and the options are slim right now. BUT Dirt 5 easily looks as good as Demon's Souls, and together they are real technical showcases for the console. The lighting and weather effects in particular are stunning, especially at night. I think you may have forgotten what games from 2012 looked like.

The problem with Dirt 5 is that it's soulless and repetitive, not that it looks like an XB360 game.
18.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 18:35
Wolfen
 
18.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 18:35
Jan 22, 2021, 18:35
 Wolfen
 
They will likely have a few good years, maybe more. It depends on how well the studio does after the purchase on their sells. Once the studio starts having slip-ups on expected sales numbers is when EA starts really budding into the business of these studios.
17.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 17:51
Dev
17.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 17:51
Jan 22, 2021, 17:51
Dev
 
If they really wanted to keep themselves intact they shoulda sold to MS. All signs point to MS mostly being hands off in their recent acquisitions of studios which is probably why stuff is going well.
16.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 15:58
Slick
 
16.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 15:58
Jan 22, 2021, 15:58
 Slick
 
Sequella wrote on Jan 22, 2021, 12:51:
Burrito of Peace wrote on Jan 22, 2021, 12:12:
Welp, goodbye Codemasters. Your sim racing games are going to take a meteoric nose dive in quality and depth.Thankfully, SimBin is still around.

Nah... they're just going to take whatever racing games Codemasters has now and resell them virtually unchanged every year with the year slapped on the name.


lol! Have you played a codemasters racing game in the past decade!? They've already been doing that year in and year out... Games look and feel largely the same since Dirt 2 and Grid 1, 12 years ago...

*edit, I see that people have beaten me to the punch here. Takeaway: check your rage.

I think we can all agree that the codemasters engine is fucking DATED, and a boost from Frostbite by EA could be very welcome if they can keep the feel intact. That's a 1.2B bet that they can do just that. There's a reason why Dirt 5 is one of the only games that hits 4k@120hz on PS5, it looks like it's from 2012.
For your transgressions you shall be labeled a shill, called an idiot and anytime you mention facts or disagree with a tribe member you will henceforth be known as a troll. The best you can hope for is that the labels won't haunt your offspring. -RedEye9
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15.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 15:27
15.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 15:27
Jan 22, 2021, 15:27
 
theglaze wrote on Jan 22, 2021, 15:08:
IMO, Codies had to adopt an annual release to afford the steeply priced F1 license (a hallmark of the Bernie Ecclestone era.)

Exactly. Just like EA. It is curious how one company (EA) is the devil for doing this while the other (Codies) gets a pass. I have personally never understood the outrage over annual releases anyway. If you want the current roster and for your sports game to be as realistic as possible then, yeah, you need to cough up the cash for the annual update. If you are more looking for new features then skip a game (= a year) or two and wait until they introduce something new. Simple as that. Buy or don't buy, depending on preference.
14.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 15:18
14.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 15:18
Jan 22, 2021, 15:18
 
Jivaro wrote on Jan 22, 2021, 13:26:
Bumpy wrote on Jan 22, 2021, 13:12:
Codemasters word use of 'sim' has very loose meaning with them apparently.

There are much better true sim driving games out there.

yep

IMO, it comes down to what you want to simulate.

Codies has to make the game playable on a gamepad and accessible to the console market, so sacrifices were made in tire modeling, traction/grip tolerances, general force feedback, reduced damage modeling so sponsorships cannot be vandalized, stuff like that which clearly makes it arcade.

With 2020, you can simulate your own team entry into Formula 1 (including "Build facilities and develop the team over time and drive to the top") and race FULL weekends of each 22 race calendar for 10 year career mode... that's wild.

But I've skipped the last 3 entries all the same, because I don't care about simulating a Career against AI. I'd rather work on my career against other human drivers!
13.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 15:08
13.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 15:08
Jan 22, 2021, 15:08
 
Dash wrote on Jan 22, 2021, 14:36:
It's like watching a sheep, who'd seen numerous others die before it, walk right up to the butcher and go 'ME NEXT!'
I assume that everyone who voted is going to come out just fine.
12.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 15:08
12.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 15:08
Jan 22, 2021, 15:08
 
RogueSix wrote on Jan 22, 2021, 14:38:
Sequella wrote on Jan 22, 2021, 12:51:
Burrito of Peace wrote on Jan 22, 2021, 12:12:
Welp, goodbye Codemasters. Your sim racing games are going to take a meteoric nose dive in quality and depth.Thankfully, SimBin is still around.

Nah... they're just going to take whatever racing games Codemasters has now and resell them virtually unchanged every year with the year slapped on the name.

Has Codemasters been doing anything different? Or are you telling me that F1 2017, 2018, 2019, 2020 have all been totally different games, developed from scratch each year with massive new features, improvements and new-everything?

Definitely iterative. I last played 2017 which was easily the best of the bunch with improved handling and awesome Classic car content included. In 2019 Codies tried cosmetic DLC, but in 2020 (I think) that's gone but now there's MyTeam mode where you can create your own team with sponsors, livery design, etc.

IMO, Codies had to adopt an annual release to afford the steeply priced F1 license (a hallmark of the Bernie Ecclestone era.)
11.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 14:50
11.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 14:50
Jan 22, 2021, 14:50
 
Burrito of Peace wrote on Jan 22, 2021, 12:12:
Welp, goodbye Codemasters. Your sim racing games are going to take a meteoric nose dive in quality and depth.Thankfully, SimBin is still around.

Given how Grid 2 was full front and center MTs despite being a full priced game, I'd say they've went full-EA years ago. So they're a perfect fit, IMO.

Another way they're already like EA: annual releases of various franchises with few updates.
"Even after you've had the COVID-19 vaccine, you still need to wash hands, watch distance and wear a mask because you can still transmit the virus even though you're not going to get sick." - NIH Director Dr. Francis Collins
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10.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 14:39
Kxmode
 
10.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 14:39
Jan 22, 2021, 14:39
 Kxmode
 
Do you not know that in the service of selling your company... one must always choose the lesser of two weevils!
"Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times." - Those Who Remain by G. Michael Hopf
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9.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 14:38
9.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 14:38
Jan 22, 2021, 14:38
 
Sequella wrote on Jan 22, 2021, 12:51:
Burrito of Peace wrote on Jan 22, 2021, 12:12:
Welp, goodbye Codemasters. Your sim racing games are going to take a meteoric nose dive in quality and depth.Thankfully, SimBin is still around.

Nah... they're just going to take whatever racing games Codemasters has now and resell them virtually unchanged every year with the year slapped on the name.

Has Codemasters been doing anything different? Or are you telling me that F1 2017, 2018, 2019, 2020 have all been totally different games, developed from scratch each year with massive new features, improvements and new-everything?
8.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 14:36
8.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 14:36
Jan 22, 2021, 14:36
 
It's like watching a sheep, who'd seen numerous others die before it, walk right up to the butcher and go 'ME NEXT!'
Avatar 22954
7.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 13:26
Jivaro
 
7.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 13:26
Jan 22, 2021, 13:26
 Jivaro
 
Bumpy wrote on Jan 22, 2021, 13:12:
Codemasters word use of 'sim' has very loose meaning with them apparently.

There are much better true sim driving games out there.

yep
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6.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 13:12
6.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 13:12
Jan 22, 2021, 13:12
 
Codemasters word use of 'sim' has very loose meaning with them apparently.

There are much better true sim driving games out there.
5.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 12:52
5.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 12:52
Jan 22, 2021, 12:52
 
theglaze wrote on Jan 22, 2021, 12:28:
I wonder which direction EA takes....

The same direction they always take... "down".
4.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 12:51
4.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 12:51
Jan 22, 2021, 12:51
 
Burrito of Peace wrote on Jan 22, 2021, 12:12:
Welp, goodbye Codemasters. Your sim racing games are going to take a meteoric nose dive in quality and depth.Thankfully, SimBin is still around.

Nah... they're just going to take whatever racing games Codemasters has now and resell them virtually unchanged every year with the year slapped on the name.

3.
 
Re: Codemasters Votes in Favor of EA Deal
Jan 22, 2021, 12:28
3.
Re: Codemasters Votes in Favor of EA Deal Jan 22, 2021, 12:28
Jan 22, 2021, 12:28
 
I wonder which direction EA takes....

  • Does EA keep Codies largely intact so it becomes EA's racing game department? Or does EA siphon talent from the current Codies roster to re-imagine the Need For Speed and Burnout series, and likely waste or diminish Codies original IP?
  • The Formula 1 license is probably expensive, does EA drop it? The last non-Codemasters F1 game was the Playstation 3 launch title F1 Champs Edition. It's been a straight decade of only Codemasters having full licensing.
  • Perhaps EA strictly focuses on expanding internal IP? Certainly there's more profit there...?
  • Sim racing is growing immensely during COVID, perhaps EA uses Codies assets/people to launch new efforts into simulation motorsports? That seems very unlikely to me
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