It’s official, EA has given up their talks with Take-Two and, as a result, the stock of both companies is falling like a stone. While gamers may cheer knowing the Grand Theft Auto and 2K Sports product lines will continue to compete with EA products, share holders are doing a WTF?
Take-Two has had its share of financial difficulties, but nothing shakes up a stock more than a break in discussions when the words acquisition have been spoken. It causes uncertainty and lack of understanding on the part of the game industry and share holders. EA’s stock dropped 2.7% upon opening this morning but has begun to stablize as it’s clear EA isn’t in any financial peril from this breakup in discussion.
Take-Two’s stock, however, is in epic free fall with a 25% decline since the discussions ended. One theory is that, “is taking a huge beating as everyone and their mother tries desperately to sell the shares the figured EA was going to to buy.” (kotaku)
As the game industry gets more competitive, builds bigger bank-roll and becomes a staple entertainment icon there is always more business savvy people getting into the game trying to make a fast buck. In this case, the shareholders obviously aren’t pushing for Take-Two’s future decisions or product launches — this is the reaction of business folks trying to make money.
There is huge risk with block buster 100-million dollar titles and all the crazy hype involved with some of the biggest games in history. They break sales records, smoke box-office numbers and bring new gamers into the industry but it’s all at risk when money gets involved. One bad move and a company making a title like GTA can find themselves in financial peril.
With risk comes reward, but failure is always sneaking up around the corner so watch out!
@Tiger Woods PGA Tour 12 PC controversy rages
Having an MMO as the multiplayer component of a game is actually a good idea. The problem is the ‘only 3 months free’. I mean in such cases you’d better add a free-mium MMO.
@THQ: Next-gen consoles will be discless:
That will make it easier to distribute games, in areas with good bandwidth.
Question is: if the costs of the physical medium is removed, why won’t the price of the games go down?
As for Steam, do you know that you can back up your games on a separate storage media?
@Quantic Dreams claims they lost 10M euro on used games
Gah! You can’t lose something you never had.
Make the product more attractive new. Dunno, add multi-player validated by the CD key.
@3DS sales jump 260% following price drop
The big question is, does this cover the costs? Otherwise, 260% or not, they’re still at loss.
@Syndicate reboot finally confirmed and unveiled by EA
So, this will become something like DeusEx mixed up with E.Y.E. . Quite original 😛
I guess that if it is well polished, it might become a multi player hit.
As for hate mail Paul, make sure you’re on the show.
“I hope you die”? Really? Here’s a news flash: everybody dies.
@QOTW: I can’t really remember any remakes; on the other hand I became a PC gamer in 2001, so that’s one possible explanation.
And while Doom 3 can be considered a remake of the first Doom, I didn’t play the first one so I can’t compare the two.
@QOTW: but! If UT 2003 can be considered a reboot of the UT franchise, then yes, UT2003 was a bitter disappointment: the flak cannon – turned a bit lame. No sniper rifle. No assault game mode.
help!!!!!! I cant download the episode
somethings wrong with the link plz fix it
yes it now works
Tiger Woods PGA PC – I honestly can’t believe that people play golf games in general, let alone the PC. I can’t see how swinging a mouse forward and back could be interesting to anyone. EA is probably thinking that if you’re dumb enough to buy this shit, you don’t deserve a full game.
Next Gen Discless – Nope. In no way would I see that working out. Like Jordan said, look what happened to Patapon 2. Or just look at the PSP Go, that didn’t work out nearly as well as they thought.
Losing Money on Used Games – I’m sure that they did loose a lot of money on used games, but nowhere near the amount that they claimed. There are various other reasons why there are more people playing than copies sold.
3DS Sales Jump – That doesn’t mean much at this point. Like Herr Alien said, they are still in the negative, as they were when they first launched it at the price of $250. They could mark them down to a dollar and I’m sure the sales would jump enormously, but it wouldn’t be covering the money that they had to spend to get the product to the consumer.
QOTW – Bionic Commando was pretty bad, but that is the only one that I can think of. Wasn’t ever a big fan of Duke Nukem, so that doesn’t apply to me, but I’m sure it does to millions of others.
Now, the hate mail. Paul, possibly being my favorite on the show, is going to be hard to hurt in fear of him calling me a “Loser.” The mere fact that you are asking for hate mail signifies that your bloated ego needs something to take it down a peg, only so that it may rise and be a more cocky, douchey version of the one left behind. No one leaves you hate mail because you are simply undeserving. I care more about the gum cemented into the sidewalk than I do the hopefully fictitious character known as “Paul”. You are the cancer of the earth and may God have mercy on your soul.
Alright. Is that good for Paul. It is out of love that I do this, not hate. Hope to hear back on the next show. 😀
dang, my comments didnt make it can you re post it here plz