EA/Take-Two News On Monday
See Full ImageGrand Theft Auto IV is out and Take-Two is basking in the glow of its immense sales success. Therefore, is it any surprise that Electronic Arts is just itching to complete the takeover they propositioned earlier this year?
Well, according to the VideoGaming247 blog, Lazard Capital analyst Colin Sebastian has said that news on EA's proposed buyout of Take-Two can be expected on Monday. We've been waiting and waiting and waiting; Take-Two played the waiting game on the way to releasing GTAIV, EA has been waiting for the publisher to cave, and the gamers have been waiting for an end to this whole situation.
“Expect update on TTWO bid by Monday morning,” said Sebastian in an investor note. “We continue to believe that the current offer of $25.74 per share would be accretive to earnings for Electronic Arts, as well as fill several meaningful product gaps.”
If this is true and the deal goes through, expect the Internet to explode early next week. Some will maintain that this is bad news for the esteemed GTA franchise, but we say it won't hinder the series at all...provided they let Rockstar do what they wanna do with GTAV. So long as EA keeps their noses out of the development process and simply slaps their label on the final product, we don't have a problem. We just want another excellent game, right? Stay tuned; Monday could be the day that Take-Two finally agrees to come underneath EA's very large umbrella.
5/14/2008 Ben Dutka
Put this on your webpage or blog:
Email this to a friend
Subscribe to Ben Dutka on Twitter
Comments (Beta)
Ben Dutka PSXE [Administrator]
Wednesday, May 14, 2008 @ 10:30:01 PM
Reply
0 up, 0 down
Tatsujin
Wednesday, May 14, 2008 @ 10:34:43 PM
Reply
0 up, 0 down
John Shoemaker
Wednesday, May 14, 2008 @ 10:46:09 PM
Reply
But at the same time I also have to agree with Ben on the quality of the game under EAs name. If the game goes way under GTAIV or isn't up to par with what GTAIV did then it would be a problem.
EA, IMO, is only in it for the money. They seem to be just buying up all the game makers in the past years that have been putting out good games. But then at the same time putting out average or bad games when they do under their name.
And the only possible way I wouldn't play GTAV is if they completely fill it with advertisements like they did in Burnout Paradise.
0 up, 0 down
aaronisbla
Wednesday, May 14, 2008 @ 10:48:18 PM
Reply
But i think it would suffer like CoD3 did.
0 up, 0 down
Tatsujin
Wednesday, May 14, 2008 @ 10:51:40 PM
Reply
2 up, 0 down
karneli lll
Thursday, May 15, 2008 @ 12:19:55 AM
Reply
1 up, 0 down
Ben Dutka PSXE [Administrator]
Thursday, May 15, 2008 @ 12:38:54 AM
Reply
I just want great games. That's all. :)
1 up, 0 down
chinchillables
Thursday, May 15, 2008 @ 12:59:02 AM
Reply
1 up, 0 down
LegioN
Thursday, May 15, 2008 @ 3:43:19 AM
Reply
Provided that nothing changes dramatically, and we still see Take Two and R* in control of GTA, then there shouldn't be an issue.
0 up, 0 down
bamf
Thursday, May 15, 2008 @ 12:33:32 PM
Reply
It does seem that all the good EA published games come from the developers that EA have bought out. Even though TTwo are he publishers of GTA we all associate GTA with Rockstar, when EA takes over it will be an EA game.
All this shouldn't matter if we see superb games but for the mentioned above, I think GTA IV is the last in the franchise we've seen thats is brilliant.
0 up, 0 down
ThePoetRazel
Thursday, May 15, 2008 @ 2:28:55 PM
Reply
1 up, 0 down
Xanavi23
Thursday, May 15, 2008 @ 4:32:50 PM
Reply
1 up, 0 down
Tatsujin
Friday, May 16, 2008 @ 6:11:28 PM
Reply
But once agian, the gaming business needs some competition. We can't have a one-named developer, otherwise our games would look as bad as Ben's face! Haha, nooo joking... But the quality of the games would drop over time with less and less competition.
Last edited by Tatsujin on 5/16/2008 6:11:56 PM
1 up, 0 down
ThePoetRazel
Friday, May 16, 2008 @ 6:43:57 PM
Isn't that the age old argument for Capitalism? That competition drives the creation of superior products. That and the whole democratic choice of the free market thing. But where is the choice when the market only has one brand?
0 up, 0 down
Tatsujin
Reply
Wednesday, May 14, 2008 @ 10:28:57 PM