Breaking: Take-Two Considering Sale Of Company

[Rolf N]

I don't quite get the point yet.
Is Rockstar really owned by and dependent on Take 2? Can't they just split off or run away? They are the ones pulling the huge profits there, so I can't see how a deceasing Take 2 could pull Rockstar down with them. And even harder to see is how Take 2 as a whole, if they fully own Rockstar, could be any less valuable in monetary terms than Rockstar alone.

Who would prefer taking over Take 2 over picking out Rockstar, and, is it really conceivable that Rockstar could be downright bought out, possibly against their own strategy?

 

[DeathKnight]

Rockstar Games is a division of Take 2.

http://en.wikipedia.org/wiki/Rockstar_Games

 

[standing ovation]

Apparently, investors are willing to do whatever it takes--even dismantle the company--to oust board members and CEO. And this looks like the best course of action. Take-Two's corporate culture is downright criminal.

[size=-2]

"Former CEO of Take-Two Interactive, Ryan Brant, has agreed to part with almost $7.3 million in connection to the publisher's ongoing stock option scandal, the Securities and Exchange Commission (SEC) announced today. That sum includes $6.3 million to settle civil charges the SEC filed against him, and another $1 million to New York state and local authorities. Brant also pled guilty to first-degree felony criminal charges of falsifying business records.â€￾ – GameSpot​

[/size]
Until they have fixed the problem, they are unlikely to get a return on their investment.

 

[rabidrabbit]

.. and Viva Pinata was a good game, and though it didn't sell well it wasn't really intended to.

While this thread is about Take2, not Rare and MS... but oh please, Viva Piñata "wasn't intented to sell well". They just made the game, ad campaings plus a TV series, but never expected good sales for the game?
Sure, they didn't expect it to become an ip as strong as say "Halo", but clearly they had big expectations for the game, to broaden the userbase (kids, girls...) maybe even make VP the Pokemon for MS.
It was a flop, it's ok to admit it.

On the Take2 acquisition. GTA is clearly their strongest IP, and that is what will be fought for.
While GTA games have on last gen consoles reached their peak, and I can't see a new GTA on PS2 generating that much interest any more, on new gen consoles GTA will be huge again just because of the improved graphics.
Though, if some big company bought Take2 and the GTA ip along with it, there's the danger the key makers of GTA would leave and form their own company as has happened in many such cases and the next GTA that's being developed under EA, MS or Sony would be just... another Saints Row.

 

[V3]

Would be cool if Nintendo bought them, and just down right canned GTA4, and turn it into some Mario game

 

[crystalcube]

Do you mean Grand Theft Mario

 

[chris100]

Why Take-two makes their company's financial affairs looks terrible in recent years?They released many good games.