Michael Pachter predicts that publisher will enter into talks with EA before the release of next-gen title
In the wake of last night's financial report from Rockstar-owning Take Two, Wedbush Morgan analyst Michael Pachter has stated that the upcoming financial uplift that will accompany the release of GTAIV is not enough to hide the problems faced by the publisher.
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
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.
Michael Pachter had a lot to say lately huh. GTA is going to make them plenty of cash to stay independent for sometime (if that's what they wanna do) and they've got a lot of fantastic looking title's on the horizon. Also let's be honest, if EA thought they were worth 2 billion thing's can't be to bad.
Either way, if they did decide to sell out why would it have to be EA, I'm sure there's plenty of other companies with cash who would be interested. Plus if your gonna work for someone would you want it to be EA?
again..... EA on the cover of a GTA game = no money from my pocket to theirs.
Take Two...should just ask Sony to Buy them...lol