Commissar SFLUFAN Posted March 13, 2019 Posted March 13, 2019 Take-Two Interactive Software TTWO, +5.16% stock climbed 4.7% on rumors that Sony Corp. SNE, +0.90% “is in advanced board level discussions to acquire Take-Two Interactive in a mostly cash deal,” that would value the company at $130 share, Quote
XxEvil AshxX Posted March 13, 2019 Posted March 13, 2019 I would seriously consider quitting gaming if this happened. Quote
Dodger Posted March 13, 2019 Posted March 13, 2019 Looks like Microsoft kicked off the arms race. 1 Quote
Mr.Vic20 Posted March 13, 2019 Posted March 13, 2019 How much blow did 2K do to even be in a position to be acquired? My impression of their portfolio is that its quite lucrative, yes? Quote
AbsolutSurgen Posted March 13, 2019 Posted March 13, 2019 With Google reportedly announcing a streaming console at GDC, it looks like the content race is getting hot. Quote
Brian Posted March 13, 2019 Posted March 13, 2019 For this deal to make sense, I would think Sony will have to consider the supporting the PC market. A streaming service or short term agreement with Valve for 2k and Rockstar games. Quote
Commissar SFLUFAN Posted March 13, 2019 Author Posted March 13, 2019 5 minutes ago, Mr.Vic20 said: How much blow did 2K do to even be in a position to be acquired? My impression of their portfolio is that its quite lucrative, yes? T-T financials are utter garbage. They are a badly managed company. Quote
TwinIon Posted March 13, 2019 Posted March 13, 2019 Seems like Sony would need to get some serious value from this acquisition to justify making a GTA or RDR game exclusive. Quote
Spork3245 Posted March 13, 2019 Posted March 13, 2019 8 minutes ago, ManUtdRedDevils said: For this deal to make sense, I would think Sony will have to consider the supporting the PC market. Why? Quote
chakoo Posted March 13, 2019 Posted March 13, 2019 I'm a bit shocked MS didn't try first (maybe they did?). I think we might see more of this as we move to streaming platforms. =| Quote
crispy4000 Posted March 13, 2019 Posted March 13, 2019 36 minutes ago, ManUtdRedDevils said: For this deal to make sense, I would think Sony will have to consider the supporting the PC market. A streaming service or short term agreement with Valve for 2k and Rockstar games. Consider, perhaps, but no obligation. I doubt we'd see games delisted, but its possible for many of their franchises to go console-only going forward. The biggest question marks would be Civ and Kerbal. Quote
Spork3245 Posted March 13, 2019 Posted March 13, 2019 29 minutes ago, crispy4000 said: Consider, perhaps, but no obligation. I doubt we'd see games delisted, but its possible for many of their franchises to go console-only going forward. The biggest question marks would be Civ and Kerbal. Obviously, games that are already on PC would still be on PC. Future games, though? Olo Quote
EternallDarkness Posted March 13, 2019 Posted March 13, 2019 I don't like this. Nope, I don't like this at all. Quote
SoberChef Posted March 13, 2019 Posted March 13, 2019 This is a hard pass for me, not no way, not no how! Quote
Brian Posted March 13, 2019 Posted March 13, 2019 2 hours ago, Spork3245 said: Why? TTWO current valuation factors in that all of its IPs are on every platform from consoles, PCs and mobile which allows for greater revenue opportunities. Buying the company at that valuation and limiting to Sony consoles, it would take forever to recoup the investment. It makes no sense unless Sony is moving to a subscription service ala Microsoft and is willing to let its IPs be on mobile and PC. Everything we know about Sony, this seems extremely unlikely so I doubt this will happen. According to Business Insider, this is bullshit. Quote
Mr.Vic20 Posted March 13, 2019 Posted March 13, 2019 Let's all take a sip of water or your chosen beverage and remember, this is a rumor without details. Let's not hit the panic button just yet. Quote
chakoo Posted March 13, 2019 Posted March 13, 2019 5 minutes ago, ManUtdRedDevils said: It makes no sense unless Sony is moving to a subscription service ala Microsoft and is willing to let its IPs be on mobile and PC. Everything we know about Sony, this seems extremely unlikely so I doubt this will happen. Sony does allow it’s IP on mobile. They do also have their streaming service subscription which works on pc. They’ve also open up to streaming on iOS (android has been around for years). I generally agree with your assessment on TT valuation having a percentage based on the PC market thanks to the likes of GTA Online. Quote
Spork3245 Posted March 13, 2019 Posted March 13, 2019 18 minutes ago, ManUtdRedDevils said: TTWO current valuation factors in that all of its IPs are on every platform from consoles, PCs and mobile which allows for greater revenue opportunities. Buying the company at that valuation and limiting to Sony consoles, it would take forever to recoup the investment. It makes no sense unless Sony is moving to a subscription service ala Microsoft and is willing to let its IPs be on mobile and PC. Everything we know about Sony, this seems extremely unlikely so I doubt this will happen. According to Business Insider, this is bullshit. If they're going to still release on multiple platforms (not counting mobile, because lol) then there's no point in purchasing them. The idea would be to increase hardware sales and the Sony platform userbase by forcing gamers to purchase a Sony console to play GTA and RDR. Sony would be looking at long-term, not short-term here. You might be able to play on their streaming service, but you're not going to get actual PC releases if this happens (which of their IPs is actually available for purchase on PC and isn't the console version being streamed?). Do you honestly believe that PC sales are a large make-up of that evaluation or the other consoles? By this logic it would make more sense for Sony to still release all the games on MS consoles. Quote
SmugPrick Posted March 13, 2019 Posted March 13, 2019 I love it...I bought in at 84 bucks back in feb. What does this do to Sony? That 46 dollar price point looks pretty salivating. Quote
Rodimus Posted March 13, 2019 Posted March 13, 2019 I wouldn't be surprised if it wasn't some sort of reaction to Microsoft. If it happens I hope they continue to release on PC. Although I'm sure like GTA I can see the release be staggered. Quote
crispy4000 Posted March 13, 2019 Posted March 13, 2019 I very much doubt GTA and NBA2K sales would plummet if released as Playstation exclusives. Other franchises, perhaps, would be a bit more in trouble. But still end up selling plenty. Quote
AbsolutSurgen Posted March 14, 2019 Posted March 14, 2019 The suits all believe that streaming/mobile will disrupt the video game industry. Having GTA could be critical in winning that battle. Quote
Keyser_Soze Posted March 14, 2019 Posted March 14, 2019 That means all Bioshock games would be Playstation exclusive. Quote
GameDadGrant Posted March 14, 2019 Posted March 14, 2019 Since Playstation’s biggest strength (only strength?) is its third-party partnerships, this would kind of make sense. As someone that doesn’t play Rockstar or 2K’s games (and primarily plays on Nintendo hardware) this move wouldn’t effect me at all. Good luck to all those involved! Quote
Keyser_Soze Posted March 14, 2019 Posted March 14, 2019 8 minutes ago, GameDadGrant said: Since Playstation’s biggest strength (only strength?) is its third-party partnerships, this would kind of make sense. As someone that doesn’t play Rockstar or 2K’s games (and primarily plays on Nintendo hardware) this move wouldn’t effect me at all. Good luck to all those involved! Odd comment as someone who games only on nintendo hardware you’d know 3rd parties are throwing whatever they can at the switch. This is like saying oh I won’t see Atlas or Namco games on switch anymore but that’s ok for whatever reason Quote
GameDadGrant Posted March 14, 2019 Posted March 14, 2019 2 minutes ago, Keyser_Soze said: Odd comment as someone who games only on nintendo hardware you’d know 3rd parties are throwing whatever they can at the switch. This is like saying oh I won’t see Atlas or Namco games on switch anymore but that’s ok for whatever reason Atlus or Namco I’d be more worried about. But I’m a weirdo that doesn’t like Rockstar’s games (sorry, EVERYONE) and I’m honestly not sure what 2K makes. Bioshock? Either way, meh. Quote
Keyser_Soze Posted March 14, 2019 Posted March 14, 2019 6 minutes ago, GameDadGrant said: I’m honestly not sure what 2K makes. Bioshock? Either way, meh. Civilization is a pretty big series Quote
GameDadGrant Posted March 14, 2019 Posted March 14, 2019 1 minute ago, Keyser_Soze said: Civilization is a pretty big series Also meh. To me. Furthermore, what has Rockstar or 2K put on Switch so far, in the two years it has been on the market? One game? Maybe two? What has either of them put on 3DS before that, a system that is going on it’s 8th year now? If this news pans out (not likely, but we’ll see) this is kind of non-news to me. But wake me up if Sony starts throwing money at Atlus or Namco or Capcom. Then I’ll be in freak-out mode...! Quote
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