Games Industry Discussion

[BLOOD]

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 August 7, 2019 by BLOOD

[Zello]

7 hours ago, BLOOD said:

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

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.

[BLOOD]

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 August 7, 2019 by BLOOD

[Zello]

https://www.operationsports.com/2k-announces-yukes-will-no-longer-develop-the-wwe-2k-games/

 

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

[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!

[BLOOD]

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

 

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

Edited August 13, 2019 by BLOOD

[Zello]

https://kotaku.com/sony-buys-spider-man-developer-insomniac-games-1837378300

 

Sony buys Insomniac games.

[Zello]

 

EA that's how you do a streets mode

[Zello]

https://wccftech.com/nba-2k-visual-concepts-open-world-vehichle-game/

 

Visual concepts working on a open world vehicle game.

Edited September 1, 2019 by Zello

[BLOOD]

On 9/1/2019 at 8:08 AM, Zello said:

https://wccftech.com/nba-2k-visual-concepts-open-world-vehichle-game/

 

Visual concepts working on a open world vehicle game.

Interesting. Thanks for the update and welcome to the Game Discussion and Stock Market thread. (Fun fact: Rockstar San Diego created the open world vehicle genre and its shares and holding parent company with Visual Concepts, that is Take-Two Interactive which owns their parent divisions- Rockstar Games, and 2K)

 

Apple Arcade could be a massive success and new beginning to mobile gaming.

Edited September 21, 2019 by BLOOD

[Zello]

2k20 had a terrible launch

[Pooka Mustard]

20 hours ago, Zello said:

2k20 had a terrible launch

Unsurprising. The industry can't even keep its desires at bay, it's a wonder they're still allowed to do broken launches and get away with excessive monetization of games. Then again, the reason they can't just hold themselves back is precisely because they get away with them...

[BLOOD]

BREAKING NEWS: Take-Two and Ubisoft to merge in an all-stock deal with the combined company named Gathering Holdings (Gathering was an early label of Take-Two) and headquarted in New York and Paris with primary video game businesses operated under the Rockstar, 2K, Ubisoft, Private Division, Ketchapp and Social Point brand names. Take-Two shareholders will own 59% and Ubisoft shareholder owning 41%. The combined company will do $5 billion in annual revenue 2020 and $3 billion in cash, with operating synergy and cost of $200 million. Market valuation of ~$21 billion. The new organization will be lead by Strauss Zelnick as Exexutive Chairman and Senior Executive, Yves Guillemot as CEO, Karl Slatoff as President and COO, and Lainie as CFO. A conference call under way to discuss the merger.

Edited October 3, 2019 by BLOOD

[Zello]

1 hour ago, BLOOD said:

BREAKING NEWS: Take-Two and Ubisoft to merge in an all-stock deal with the combined company named Gathering Holdings (Gathering was an early label of Take-Two) and headquarted in New York and Paris with primary video game businesses operated under the Rockstar, 2K, Ubisoft, Private Division, Ketchapp and Social Point brand names. Take-Two shareholders will own 59% and Ubisoft shareholder owning 41%. The combined company will do $5 billion in annual revenue 2020 and $3 billion in cash, with operating synergy and cost of $200 million. Market valuation of ~$21 billion. The new organization will be lead by Strauss Zelnick as Exexutive Chairman and Senior Executive, Yves Guillemot as CEO, Karl Slatoff as President and COO, and Lainie as CFO. A conference call under way to discuss the merger.

Stop making sh*t up.

[BLOOD]

16 hours ago, Zello said:

Stop making sh*t up.

Damn that was not believeable enough 😂

 

In other news, RDR2 is coming to PC. I think Take-Two could be a $200 stock before the next recession.

[Zello]

So all of Take Two's social media pages got hacked and Ronnie2k. The hacker was apparently a former employee and he started saying some racist sh*t. Not a good look.

 

https://kotaku.com/2ks-social-media-accounts-have-been-hacked-to-post-some-1839901366

Edited November 17, 2019 by Zello

[Zello]

https://www.mlb.com/news/mlb-mlbpa-sony-extend-video-game-partnership

 

So MLB the show a Sony exclusive may come to other consoles in 2021. Xbox and Nintendo have retweeted it. I know certain PS exclusives are coming to PC but to come to Xbox and maybe Nintendo is new.

 

This is however a different situation since it's a sports game MLB is trying to reach more younger people and having it be exclusive to just one console is not good especially since the average age of an MLB fan is 53 years old. Unfortunately all the other competitors like 2k bowed out a couple years ago because their game was terrible not to mention getting the exclusive multiplat rights that kicked EA out after that no one really wanted to jump in pay the license and lose money, RBI baseball tried but that game is also terrible.

Edited December 11, 2019 by Zello

[Zello]

https://ir.take2games.com/node/26571/html

 

https://www.ign.com/articles/rockstar-games-co-founder-leaves-company-dan-houser-red-dead-redemption-gta

 

 

Dan Houser is leaving R*. This is big. what happens next? Will he join another company? Will he retire?

[Jabalous]

1 hour ago, Zello said:

https://ir.take2games.com/node/26571/html

 

https://www.ign.com/articles/rockstar-games-co-founder-leaves-company-dan-houser-red-dead-redemption-gta

 

 

Dan Houser is leaving R*. This is big. what happens next? Will he join another company? Will he retire?

I think he'll be retiring. I don't see Dan, or Sam, the type that would leave his executive position only to be employed as a mere writer/producer/director in another company. It'd be a downgrade for any of them. If he'd not retire and still want to work in the industry, then most likely he'll open a studio of his own, in a move similar to Leslie's. 

 

T2's share price post-market, following the announcement. It may see a further decline when the market opens on Wednesday. 

 

[Tchuck]

Quote

In a 2018 interview with GQ Houser briefly talked about the challenge of writing Grand Theft Auto 6 in today's climate. "It’s really unclear what we would even do with [GTA 6], let alone how upset people would get with whatever we did," said Houser. "Both intense liberal progression and intense conservatism are both very militant, and very angry."

Heh, that's a very true assessment. Whatever they do with GTA 6, it's gonna piss off a lot of people.

 

Interesting to see what he does next. Can't see him joining an existing studio. More like to do what Leslie Benzies did and start another studio.

[Jason]

Yea I've talked about it with a few others already, I really don't see him ever getting a position like he had at Rockstar at any other company. Even if he was offered a blank cheque by say Sony, Microsoft, Google or Amazon they'd all expect results and something to show in 3-4 years, the latter two would probably expect something a bit safe as well.

 

He'll never get the freedom and independence he has long had at Rockstar at any other studio unless he creates his own or partners up with Benzies, which is unlikely given how that ended but stranger things have happened. If he's retiring then good for him, 22 years at the the top of the games industry, can't fault for him for calling it a day. I would be really, really interested to see what he does if he doesn't retire though.

[kobeni]

On 2/5/2020 at 5:39 PM, Tchuck said:

Heh, that's a very true assessment. Whatever they do with GTA 6, it's gonna piss off a lot of people.

 

Interesting to see what he does next. Can't see him joining an existing studio. More like to do what Leslie Benzies did and start another studio.

Imagine him joining volition though

[BLOOD]

Happy New Year folks 😁. Take-Two will acquire 9 Story Media and full ownership of NBA 2K League. It will also bolster R*, 2K, PD, and SP through bolt on acquisitions. I am loving the new corporate website make TTWO look more like an true holding company with beloved brands 👍.

Edited February 19, 2020 by BLOOD

[BLOOD]

https://www.businesswire.com/news/home/20200220005143/en/Private-Division-Announces-New-Seattle-Area-Development-Studio

 

TTWO is growing and soon will be an unmatched indepedent gaming and media (9 Story and full ownership of NBA 2K League in future) holding corporation. R*, 2K, PD, SP, GS it 5 divisions are also getting larger. Onward to $150.00!

Edited February 20, 2020 by BLOOD

[Zello]

On 2/20/2020 at 11:29 AM, BLOOD said:

https://www.businesswire.com/news/home/20200220005143/en/Private-Division-Announces-New-Seattle-Area-Development-Studio

 

TTWO is growing and soon will be an unmatched indepedent gaming and media (9 Story and full ownership of NBA 2K League in future) holding corporation. R*, 2K, PD, SP, GS it 5 divisions are also getting larger. Onward to $150.00!

https://www.ign.com/articles/cd-projekt-red-is-europes-second-most-valuable-games-developer

 

CPDR is worth 8 billion 

[BLOOD]

On 2/24/2020 at 4:09 PM, Zello said:

https://www.ign.com/articles/cd-projekt-red-is-europes-second-most-valuable-games-developer

 

CPDR is worth 8 billion 

CDPR will be 5th after Activision Blizzard, Electronic Arts, Take-Two Interactive, and Ubisoft in the Americas and Europe (Zynga will be 6th).

[Zello]

 https://newsroom.2k.com/news/2k-announces-partnership

 

NFL 2k returns. About damn time. 

 

It's a "non simulation" game though so that sucks.

Edited March 11, 2020 by Zello

[BLOOD]

8 hours ago, Zello said:

 https://newsroom.2k.com/news/2k-announces-partnership

 

NFL 2k returns. About damn time. 

 

It's a "non simulation" game though so that sucks.

That the reason Take-Two's structure is excellent. R* which is their biggest label in terms of cash flow, IPs, and headcount can do it own thing and contribute to revenue anytime- on it is own it will be a $15 billion company, then there is 2K (2K Games, 2K Sports, and 2K Play) that their second biggest and rleease games annualy- on its own it is a $5-10 billion company. Now there is Social Point which have 5 successful mobile games from 2, and last but not least Private Divison which recently announced a game development studio in Seattle with Kerbal Space Program potentially being the next big IP for their parent holding company Take-Two after Grand Theft Auto. And Ghost Story Games.  $150.00 for TTWO by mid to end of 2020.

 

Note: Take-Two also have $1.9 billion in cash to bolster it 5 game labels and to diversifying into Media (buying 9 Story Media fro $500 million in cash and stock, the synergy is unlimited) and Esports (full ownership of NBA 2K League). I will love to see them buy 3 television stations and create a digital multicast channel named 2K League Channel. The Houser brothers can leave but TTWO will survive and thrive and grow into a $20 billion game and media company.

Edited March 11, 2020 by BLOOD

[Zello]

https://www.ign.com/articles/reggie-fils-aime-joins-gamestop-board-of-directors-to-help-save-the-struggling-retailer?sf119195959=1

 

Couple days old but Reggie joined gamestop

[Tchuck]

An interesting pick, to be sure. Wonder if he can help give them a kick in the ass and recover.