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BLOOD

Games Industry Discussion - Stocks, Markets...

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Zello

What happened to this thread? Where is Blood? I need his thoughts on the R* North taxes situation.

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BLOOD
Posted (edited)
On 7/31/2019 at 9:11 AM, Zello said:

What happened to this thread? Where is Blood? I need his thoughts on the R* North taxes situation.

I know right 😂...Anyhow, what tax situation? Any link would be appreciated 😁.

Edited by BLOOD

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BLOOD
Posted (edited)
1 hour ago, Zello said:

https://www.pcgamer.com/rockstar-north-has-received-pound42-million-in-tax-relief-according-to-think-tank/

 

R* North apparently hasn't paid UK corporation taxes in 10 years.

I think it is no big deal, big successful companies usually pay less tax and use loopholes (esp. American companies and their subsidiaries), plus Rockstar North is a subsidiary of Rockstar Games which is a subsidiary of publicly traded Take-Two Interactive which is headquartered in New York and have a stock market capitalization of ~$15 billion and ~$2 billioj in cash. With that said, Take-Two had a fantastic quarter and i love their slate for the upcoming year(s). I am still hoping for $300.00 in two years 😁

Edited by BLOOD

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BLOOD
5 hours ago, Zello said:

https://www.operationsports.com/2k-announces-yukes-will-noNow -longer-develop-the-wwe-2k-games/

 

2K ends partnership with Yukes. Visual Concepts will now also be in charge of developing WWE 2K.

Now i see why 2K have been expanding Visual Concepts opening studios in Hungary and other places. Great move. Take-Two could reach a new ATH very soon. Upward to $300.00 TTWO!

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BLOOD
Posted (edited)

Breaking News: https://www.nytimes.com/2019/08/13/business/cbs-viacom-merger.html

 

We did it folks...All Hail The ViacomCBS Inc. 😁👍

Edited by BLOOD

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