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!
Hi guys.
As always: thanks for the episode, it was fun to listen to it 🙂
Regarding your topics in this episode:
I am very hyped for the new Atari console, but i can´t describe why. Maybe because the Atari 2600 was my first console as a kid, and i am a little bit nostalgic? The new one looks good, but as Jonah mentioned: the console will rise or fall with the games and they did not show anything right now (or i did not see anything).
I never played Ys as a kid, because as far as i know, the are not available in german, and as a kid, i was not able to understand english 🙂 The bumping mechanic seems a little bit awkward, but on the other hand it´s something different to everything else 🙂 I saw some videos about the newer versions of Ys (PS4 releases). Did one of you play them/one of them and can tell me, if one of them is worth playing?
I play Fortnite on PC sometimes with my friends. I did not bought the game, so i only can play the battle royal part and this is fun to me, if i play it with friends. I also played it on my mobile … for 2 minutes … its unplayable in my opinion … as expected 🙂 But if you want to play a round on PC with Discord or TeamSpeak to coordinate, let me know. My ingame Name is the same as here : Jackosis.
I have one question to all 3 of you: are you thinking about streaming some gaming of you or do YouTube Videos? Some kind of Let´s Plays or sth like that? I think it´s more work, so i don´t know if you would have the time for that 🙂
And for the OffTopic: right now i am into the a very old series: SpinCity with Michael J Fox (in germany its called Chaos City … don´t ask me why) and i started watching The Walking Dead.
I wish you a great week and a happy easter weekend and hope to get a new episode very soon 🙂
greetings from germany,
Ralf