Take Two

[backbreaker]

Take Two, is in a financial crisis, with this in mind, how long do you think they will be able to hold onto VC and its subs before they have to sell some assets. And, with the possibilty of selling VC as a means too an end, will they allow the MLB license go along with it? This is all speculation of course, but if you've current you will realize that their stock is selling for only $13.52 as of Wednesday of this past week, amongst other things. Who would you sell it too? Possibilities EA, they can stack their deck with great sports game developers combining the two, ect... Your Thoughts?

[e0820]

Re: Take Two

Take Two, is in a financial crisis, with this in mind, how long do you think they will be able to hold onto VC and its subs before they have to sell some assets. And, with the possibilty of selling VC as a means too an end, will they allow the MLB license go along with it? This is all speculation of course, but if you've current you will realize that their stock is selling for only $13.52 as of Wednesday of this past week, amongst other things. Who would you sell it too? Possibilities EA, they can stack their deck with great sports game developers combining the two, ect... Your Thoughts?

I would think if anyone it might aswell be EA.

[baa7]

Re: Take Two

EA, they can stack their deck with great sports game developers combining the two, ect... Your Thoughts?

EA would fire everyone with a creative bone in their body and hire talentless Yes-men and women who would proceed to turn EA's baseball franchise into the same lame game that Madden -- as a result of having no competition -- has become. EA has one thing in mind: to make games that 10 year-olds will purchase. They're not interested in sim games, and least of all they couldn't give a fig about gamers, other than catering to those age groups that will buy their games.

[Blzer]

Re: Take Two

The problem here though is that you make it seem like EA is a person. It just depends on who the project manager is, who the executive producer is, president... etc. I agree on the part with Madden, but then MVP is a completely different story. So, I guess it just depends on who the developer is (Tiburon for Madden).

[Erratic]

Re: Take Two

The problem here though is that you make it seem like EA is a person. It just depends on who the project manager is, who the executive producer is, president... etc. I agree on the part with Madden, but then MVP is a completely different story. So, I guess it just depends on who the developer is (Tiburon for Madden).

I consider EA a person when it comes to graphics... They aren't bad, but they aren't real... They are always cartoon styled in every EA game (even fight night to a lesser extent, which looks great on 360) So that same darn guy keeps popping out sunday morning comic graphics for all of EA's games... If He was fired, then i'd be happy...

[Jon22]

Re: Take Two

Rockstar owns Take-Two, so you can kiss that Ea buying them good bye. Or is Vc owned by Rock-star?

[StriderNo9]

Re: Take Two

Rockstar owns Take-Two, so you can kiss that Ea buying them good bye. Or is Vc owned by Rock-star?

Take-Two is the mother company, they own Rockstar, and VC is also owned by Take-Two, again Take-Two is the mother company. BTW since when was Take-Two doing bad finanically?

[mjb2124]

Re: Take Two

Take-Two is the mother company, they own Rockstar, and VC is also owned by Take-Two, again Take-Two is the mother company. BTW since when was Take-Two doing bad finanically?

They've been doing terrible for approx 6 months now. Their stock dropped 19% just yesterday. The CEO left and another high ranking individual jumped ship as well.

This is from another site:
--the company is burning cash at an "alarming" rate
--they believe an SEC investigation (another one) could be forthcoming
--they believe that Take Two's legal counsel could be next to resign (HUGE sign that their are some serious problems)
--"our work on Take-Two leads us to believe that serious problems surround the company's governance"

Essentially they've significantly missed all their target numbers for the last few quarters and appear to have some problems inside (Speculation over accounting fraud is why the SEC is investigating).

Some links:

http://yahoo.businessweek.com/investor/content/jan2006/pi20060127_4872_pi006.htm

http://www.thestreet.com/_yahoo/tech/gamesandgadgets/10264831.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

[Triggerfish]

Re: Take Two

Would love to see them sell the 2K games to Microsoft...but doubt they will want it.Geez...will never see Links golf now!

[nemesis04]

Re: Take Two

AAAH, that's why they have the "now hiring" up on their website, they probably have some big shredding projects coming up in the near future.

[Blzer]

Re: Take Two

They still have a top-secret non-sports 360 game that they're hiring for.

[RoyalBoyle78]

Re: Take Two

Why doesn't Sega just but all the rights to the sports game again.

[TheLooseCannon]

Re: Take Two

This is just crazy talk, Visual Concepts wouldn't work for EA, most of those people left EA in the first place to form VC. If Take-Two did sell VC to EA, pretty much all of VC would quit and form their own independent company again.

[bryan_05]

Re: Take Two

Take Two just needs some restructuring. I doubt they are going under.

[mjb2124]

Re: Take Two

http://www.nypost.com/business/62365.htm

Take Two has been in buyout talks with a couple firms for a few weeks.

This short article details some of the financial struggles and trouble that lies ahead.