2 Billion is peanuts for Take 2. Once GTA IV is out they will be worth atleast double that.

RSEagle said: So you would be perfectly happy if every third party game was available for all consoles? I hope you know that third party games have helped establish a console's identity in the video game industry.

This is partially true but it occurs later in the game. The Wii is not a success because of 3rd party right now. That said since games do set teh identity of the consoles it is true in that sense.

The N64 version of FF7 would not have had the CGI but it may have had better ingame graphics. CGI was a key element that wowed people with FF7.

Fonzerelli said: 2 Billion is peanuts for Take 2. Once GTA IV is out they will be worth atleast double that.

It may be for a little while, but this is a company with some of the most popular series on Earth. If they're in financial trouble even after releasing three massive games on PS2 and Xbox, plus many other million sellers, they've got problems. Considering that it's probably Rockstar's fault they're in this financial mess in the first place, I doubt GTAIV is going to solve much of anything in the long term.

On paper, EA is looking to want to scoop them up for GTA but I'd put money on them really wanting to scoop up 2K Sports and control almost all sports releases, including NFL football, NCAA football, hockey, NCAA basketball, golf, 50% of baseball, 66% of basketball, 50% of soccer, and 50% of tennis. That is where EA's bread and butter lies, and having THAT much control over it would mean almost complete domination of sports games, with only Sega, Sony and Konami putting in any resistance.

 

Well my point is that if just two or three companies are releasing about 75-80% of games on the market, than that will lead to reduced competition and loss of innovation. All we'll see is the same franchises getting yearly installments.

Onyxmeth said: Fonzerelli said: 2 Billion is peanuts for Take 2. Once GTA IV is out they will be worth atleast double that.  Considering that it's probably Rockstar's fault they're in this financial mess in the first place, I doubt GTAIV is going to solve much of anything in the long term.

 How is it R* fault they are in any trouble, R* made GTA which was the best selling franchise last gen by alot, it more then doubled any other series in sales.

RSEagle said: Well my point is that if just two or three companies are releasing about 75-80% of games on the market, than that will lead to reduced competition and loss of innovation. All we'll see is the same franchises getting yearly installments.

That's completely different than what you were saying and I agree with you there. It could very well become a problem but it may actually cause more competition if it's ActivisionBlizzard and EA trying to one up eachother. I think as long as it's not just EA or just ActivisionBlizzard, then we as gamers are still somewhat in the clear. We still have Japan by the way. They will not cave in as easily as American and European based companies to buyouts. I doubt Capcom, Square-Enix, Konami or many others would buy out to anyone.

 

Griffin said: Onyxmeth said: Fonzerelli said: 2 Billion is peanuts for Take 2. Once GTA IV is out they will be worth atleast double that. Considering that it's probably Rockstar's fault they're in this financial mess in the first place, I doubt GTAIV is going to solve much of anything in the long term. How is it R* fault they are in any trouble, R* made GTA which was the best selling franchise last gen by alot, it more then doubled any other series in sales.

They also created a negative public perception of Rockstar and Take-Two Interactive by being targeted by politicians, the Hot Coffee scandal and ensuing lawsuit, the Manhunts 2 controversy, the Bully controversy, etc. etc. Your average American that does not play games but knows of Rockstar probably only knows them as a negative figure combatting morals in America.

 

take 2 value according to EA is the same as Epic's valuation of themselves

Fonzerelli said: 2 Billion is peanuts for Take 2. Once GTA IV is out they will be worth atleast double that.

Dude, you don't really seem to understand the stockmarket and company value. Do you really think that GTA4 will be available and all of a sudden people will say "hey GTA4 sells very well, let's buy some shares"???

Like John Riccitiello already says, the value of GTA4 is already included in the shareprice. These shares are bought in anticipation of this title. If EA offers 2 billion, it essentially means T2 is worth a little less than that. After the launch of GTA4 the shareprice will drop, and therefore it's value, because Take2 doesn't have anything of the same magnitude in the pipeline.

solojohlo said: take 2 value according to EA is the same as Epic's valuation of themselves

 i was just thinking the same thing.