Verdict delivered on publisher's future after boardroom re-shuffle.
Associated Press reports that Bear Stearns analyst Edward Urban believes the US publisher has a long way to go before all is rosy at Take 2.
After the recent shareholder coup that ousted almost all of the board last month, BMO Capital Markets analyst Edward Williams also weighed in on the debate over Take 2's future.
Associated Press reports that he believes Take 2's 'short-term outlook remains murky, as the company's new management needs some time to evaluate assets and reorganize the business, if and where it is necessary.'
But a turnaround will begin later this year, he added. "The upcoming launch of Grand Theft Auto IV, and the potential for a meaningful turnaround in its sports business, should act as key catalysts," Williams wrote.
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
"The best games of the year and the creative teams behind them were in the spotlight at the grand award ceremony of the German Computer Game Award 2024." - German Computer Game Awards.
Seven months after its infamous launch, the Van Gogh Museum is restocking its popular Pokémon collaboration items -- and selling out fast.
Sorry for my ignorance, but was Take 2s downfall due to the lawsuits? I've always thought that most of the GTA games from GTA3 and on were major sales winners.
So Sony is buying Take two? Cool!