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Rumor SMASH! Microsoft not buying Take-Two |
Listed in: News Tags: Activision, CNN, Microsoft, Shane Kim, Take-Two Interactive, Ubisoft
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Contrary to rumors, Microsoft's Shane Kim is saying that the company is not interested in buying Take-Two Interactive, and for good reason.CNN's Chris Morris talks about the potentially powerful acquisition, citing Shane Kim and some pretty good reasons why Microsoft wouldn't want to take over Take-Two:
One company that says it's not in the running is Microsoft. Because today's independent publishers are platform agnostic - that is to say, they build games for all major systems - taking over one would result in a massive revenue loss for Microsoft, as all development would be redirected toward the Xbox 360.
"We could never launch an acquisition bid at a third party publisher," said Shane Kim, corporate vice president of Microsoft (Charts) Game Studios.
Of course, where there's a will (for rumormongering), there's a way. "Potential buyers" now include Ubisoft, Activision, Bono (care of Elevation Partners), and Rupert Murdoch's News Corp. Sorry folks, Cthulthu won't be making any bids this time, so consider that rumor smashed.
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Comments
What we do know at this point is Sony is in a position to take them where they already own significant share in Take two. They could move to buy a majority for not too much then make GTA and other classic series exclusive. That would severly hurt the competition.
my 2cp
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I have no doubt MS will be thinking about this. Whether or not it happens, who knows. It's not like MS is short of cash, Google wasted crap loads of money on YouTube and that runs at a loss.
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you,sir are the most prejudiced xbot stalwart i have ever had the displeasure of reading. I wouldn't be surprised if you are actually bill gates. You are also in more need of a blow job than anyone i have ever known.
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If Sony does have shares of T2 then it's a very good position for them, for they will be making cash off of sales other than just their consoles, right?
Honestly, tho, I dun want any of the console makers buying up huge companies like this, their games should be enjoyed by everyone. Tho... Microsoft is notorious for buying up talent just to help their standings in the console wars, see: Bungie, Lionhead Studios and Rare.
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You mean killing your kind? That would be a good thing :)
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It would be like Disney buying Universal Studios Orlando and requiring anyone wanting to enter Universal to first buy a Disney ticket.
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