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 a lot for the entertainment 🙂
I would love it, if there would be more crossplay with all consoles/PCs. It’s possible for such a complex game like Final Fantasy 14, so it can’t be that hard for other games, right? Why do companies don’t support it so that the people don’t have to decide which console the buy, except for personal preferences and/or exclusive titles?
The support for keyboard and mouse is a must and would make so many things easier and more accessible …. please do this for all consoles … modern consoles are PCs in a different case, so it can’t be that hard, too , right?
And regarding cyberpunk 2077 … ok ok you got me, I think I will pre order it 🙂
I did not get the unreal game for free, but maybe the soundtrack is worth it? Nine inch nails are great 🙂
Thanks guys and keep up the good work!
Ralf