Bioshock 2 Delayed, Take-Two Dominates In 2010?
It's a good news/bad news deal, depending on how you view the situation: we have learned that Take-Two Interactive has delayed Bioshock 2 until "fiscal 2010."
Now, we know that many of you already have long wish lists for the end of 2009, and this may free up some room in your schedule and ease the impending wallet pangs. But it also means that we lose another potential "AAA" title in 2009, and it could land during an insane time of year when both God of War III and Gran Turismo 5 hit store shelves. See, it's all in how you look at it... Well, EEDAR's Jesse Divnich has shot off a quick e-mail to journalists, saying this delay "has drastically changed" his view on Take-Two. Previously, he had predicted that the publisher would outperform the industry in fiscal 2010, and now, he says they won't just "outperform;" they'll "dominate." The titles on tap for that time period are now Bioshock 2, Max Payne 3, Red Dead Redemption, Mafia II, and more Grand Theft Auto IV downloadable content. This lineup will further prove that Take-Two isn't a "one-game publisher." He adds:
"Take-Two has made a very intrepid move by putting gamers before investors, an act most publishers wouldn’t usually consider, and even though investors are likely to punish Take-Two for this delay, we as gamers should reward them for their persistence on improving game quality over meeting 'financial expectations.' A delayed release will not diminish BioShock 2 sales, where a game whose quality didn’t meet consumer expectations definitely would sell fewer units. As far as I am concerned, Take-Two is just moving numbers from one financial year to another."
Well, the question is this: if Divnich isn't the only analyst to hold this view, both gamers and investors might be encouraged. Of course, if you want to reap the benefits of this anticipated Take-Two domination as an investor, we suggest buying a bunch of stock now. It's at about $9/share and bear in mind that it boasts a 52-week high of $25.75 and a low of $5.56. We're no stock experts, but we figure it can't go much lower, but it could go a lot higher next year...
Related Game(s): Bioshock 2
7/13/2009 Ben Dutka