TTWO
Take-Two Interactive Software, Inc.NASDAQ
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  • Aug. 29, 2014, 11:29 AM
    • Take-Two (TTWO +4.1%) president Karl Slatoff says his company is weighing the pros and cons of bringing Grand Theft Auto to the big screen. He adds Take-Two doesn't think a weak box office showing would hurt the GTA game franchise.
    • Dan Houser, the co-founder of GTA developer Rockstar Games, also appears open to doing a GTA movie. However, he insists Rockstar would want to make the film on its own.
    • Benchmark's Mike Hickey thinks a GTA film makes sense, and that it could compel Activision (ATVI +0.3%), rumored to be hatching plans for its own movie studio, to acquire Take-Two.
    • Hickey calls an Activision/Take-Two deal a "no-brainer," given Take-Two's developer talent, IP, and low valuation. He notes Activision can lower its business volatility by staggering Rockstar, Bungie, and Blizzard releases, and that Take-Two could help offset World of Warcraft's ongoing decline and Skylanders competition from Disney.
    | Aug. 29, 2014, 11:29 AM | 4 Comments
  • Aug. 16, 2012, 10:07 AM

    Electronic Arts (EA +7.1%) has given up half the premarket gains it saw on a report it's in early talks with P-E firms. Take-Two Interactive (TTWO +3.1%), which once spurned a bid from EA, is getting a lift, but EA archrival Activision (ATVI +0.4%) isn't so fortunate. It was only two weeks ago reports emerged that Vivendi is shelving plans to sell its 60% stake in Activision due to a lack of interest. Will EA's smaller market cap and greater mobile/social exposure be enough to produce a different outcome?

    | Aug. 16, 2012, 10:07 AM | 1 Comment