Re: $27 Million Settlement Announced in EA Madden Price-Fixing Lawsuit
I'd be shocked if Take Two is around in 10 years. Maybe even 5. I think market strategists would probably say the same thing. They have really taken a beating with this recession, and in particular, the video game industry not doing well has hurt them. This isn't unexpected though...I think history would show that when an industry stuggles, the minor players without the economies or cash funds to whether a recession are the most likely to get bought by a bigger player or fold their cards alltogether.
As an FYI, I'm not a 2k or EA person. Its not like I'm saying 2k is in better shape than EA b/c I like nba2k more than nba live.
I'd be shocked if Take Two is around in 10 years. Maybe even 5. I think market strategists would probably say the same thing. They have really taken a beating with this recession, and in particular, the video game industry not doing well has hurt them. This isn't unexpected though...I think history would show that when an industry stuggles, the minor players without the economies or cash funds to whether a recession are the most likely to get bought by a bigger player or fold their cards alltogether.
As an FYI, I'm not a 2k or EA person. Its not like I'm saying 2k is in better shape than EA b/c I like nba2k more than nba live.
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