When big financial news is breaking in the gaming industry, Mtv look to Wedbush Morgan Securities analyst Michael Pachter to break things down. Mtv caught him on the phone today while he was having brunch at a yacht club (the same yacht club he was last brunching at when the Activision Blizzard deal was announced).
Who is this EA-Take Two deal good for? What would happen with sports and the cost of sports games? And why does he think Rockstar won't necessarily be a part of the deal?
Pachter broke it down for us.