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.
Sorry for not leaving a comment on the last episodes (the one you read in this episode was months ago ^^), i was very busy the last weeks with business stuff and some personal issues. Anyway, thanks as always for the episodes and your effort you are putting in to each episode. I respect that very much!
Regarding the topics in this episode: I did not play Civ since …. i think Civ 3? The game is good, but its taking so much time …. sadly i dont have that much time π
I played Life is strange 2, God of War (the old ones because i want to play though all of them before i play the actual one), Overwatch, Borderlands 1 (never played any Borderlands before) Hearthstone and a lot of Magic The Gathering Arena. If my friends are online, we like to play some Apex and/or Division 2 as well. I want to start Blood Bowl in the upcoming days, because i played the Board Game .. 20 years ago π I also pledged for “Ant Stream”, the retro streaming platform (will be live for early access on may 28th) … i hope this will be good π Did you heard of it ? What do you think of pledging video games / pc Games in general ?
Regarding the Apex update: the Havoc is ONLY playable with the turbo Charger .. without that it is absolute unplayable π
Did you heard of Splitgate- Arena Warfare? This seems to be a new Arena Shooter which combines Halo and Portal (i think Jonah mentioned it in a youtube review of upcoming games from E3?) Its for free at the moment on steam π
Regarding the backwards compability on PS5: this would be awesome! i would pay very much money for a ps5 which plays ps1,2,3 and 4 (and 5 of course) games. The only problem will be the chip for PS3 afaik.
Red Dead Online? I only see the promotions / advertisments all the time on twitch, but have no intention to play it π
WoW: i really love this game, loved it in the beginning and still love it … problem is, that my friends are not playing it anymore …. and playing a MMORPG on your own is not that fun π I played the last expansion (as far as possible without a raid / group) and it was great gain. I listen to the music very often and like to see the cut scenes and updates. For sure the vanilla version was harder (in my opinion) but that was great … 40 people in a raid .. defeating Raganros for the first time … what an amazing feeling, so much emotions, better then the first time s** π
First question of the week: The last game which has been released and i did not noticed it was Hollow Knight. I noticed it 1 year (or 2?) later and it so awesome, that i was wondering, i did not notice when it came out π
Second question of the week: I think the game i will still play in 20 years or will not age is Magic The Gathering. But its a card game, so i dont know if this is a “real” game regarding to your question π If i had to pick a second game, it would be sth like WoW .. i started playing it in 2004 .. thats already 15 years ago π or one of the so called retro games, like Musha Aleste, Mushihemasama or any of this bullet hell shooters for the 16 and 32 Bit consoles. I still love to play them today π
Thats all for this one. Sorry for this big and long one, i hope thatΒ΄s ok π
When i will be in the U.S. the next time, i will invite you guys for dinner to thank you for all your work you put into this podcast. Thanks for that!
Greetings,
Ralf