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!
Left for Dead was by far my favorite game from the 2000’s. Never gets old.
I’d have to say that Elder Scrolls: Oblivion is my favorite game from the 2000’s as it was such a beautiful game at that time and it had such charm with everything from the soundtrack to the NPC’s. It was a wonderful game.
@EA not green-lighting any single player games: In my opinion, I would rather have a grander single-player experience rather than a tacked-on multiplayer with little substance. I like to go from one game to another, and multiplayer doesn’t do much for me if it isn’t the main focus of the game (ex. Team Fortress 2).
@Wii U: I am quite excited for this and I will definitely be saving up the money to buy the Premium Edition and a ton of games next summer. Also I really love the fact that it will not only have an HDMI cable included, but also a charger for the Gamepad. That way I won’t have to buy any additional items or accessories which would all add up to a higher price than what is shown on the box.
The 32GB of storage doesn’t bother me because I barely buy anything digitally so I don’t really need the space.
List of games that I would like to play on the Wii U:
-Bayonetta 2
-Epic Mickey 2: The Power of Two
-Game & Wario
-New Super Mario Bros. U
-Pikmin 3
-Rayman Legends
-ZombiU
-BIT.TRIP Presents Runner 2: Future Legend of Rhythm Alien
-Trine 2: Director’s Cut