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!
Lots of great news in this weeks gaming podcast thanks to the holiday season approaching. We also take a retro style flashback to Space Invaders and talk about our attendance at the
Hearing about Drones delivering packages I have to agree that will be abused and people will attempt to steal and break them. I’m sure the paranoid people will think they are being used to track everyone.
On the continuing discussion of boss battles I agree with Paul that just because there are bad implementations of it doesn’t make it a bad concept idea. I think Jada Empire was a very narrative game and had just fine boss battles. I do agree there are games that don’t need them or have them in a way that doesn’t make sense.
I was watching a PS4 game about Zombies, the hero went through hordes of zombies with ease until he came up against some human bikers. I watched as he drove a car through several of the bikers causing explosions and the bikers just continued somehow to survive. Then after an some invisible timer ran out a Boss Biker suddenly appeared.
The Boss Biker rode a huge bike that spewed fire forth and had grinding blades in front of it. Otherwise the bike was unarmored and the hero free to pump several dozen rounds of blood splattering shots into the guy. Slowly lowering the the large life meter.
A boss battle like that is a slag and not fun. I do have to say also my favorite part of Fable 2 was indeed being able to kill the final guy and interrupting his evil overlord speech.
Quest For Glory series was good at having multiply paths to victory depending on what character build you went with.
QOTW: GTA also had a companion app, the IFruit. It was nothing more then an a glorfied Tamagotchi game only your feeding your dog so he can have better snooping skills. I didn’t find it necessary to do this app thankfully.
Hey guys! I had to take a break from posting comments with all that new-gen stuff going around…
It’s great to have Paul back. His sarcasm and no-bullshit approach to the news items and his fellow podcasters add a lot to the show 😉
Let me add my 2 cents to the boss battle discussion. In the past I usually didn’t have a problem with them but the more I play the more I dread the inevitable final boss battle in some of the games. I hated the final battle in Killzone: Mercenary. Ultimately, I wasn’t able to complete all the contracts on the highest difficulty settings and I simply gave up.
On the other hand, in games such as Resogun or Super Stardust, the boss fights add a lot to the titles. It’s like Paul said – there’s nothing wrong with the boss battles intrinsically but sometimes the implementation blows.
As far as the QOTW goes, my ‘smartphone’ is not so smart anymore and most of the companion apps don’t work on it. My only 2nd screen experience so far has been the PS Vita Remote Play with the PS4 and I really enjoy it, although it’s not really 2nd screen. It also has this functionality but there’s nothing to use it with at this point. The Vita is similar to the WiiU in that your 2nd screen is also a controller so it should work as a gaming companion and I can see myself using it in the future.
I know that Knack has a companion app that is a Bejeweled-style game. The one thing I don’t really get is why they don’t release those same apps on the Vita.
By the way, since Dan is enjoying Tearaway so much, maybe he’ll also enjoy my blog post on it – http://playstationpalo.wordpress.com/2013/11/29/platinum-tracker-tearaway-29 😉 Shameless plug FTW !