Take-Two CEO: Industry consolidation is inevitable |
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Reacting to the astounding move by Vivendi to merge with giant game publisher Activision, Take-Two Interactive CEO Ben Feder said that such moves are inevitable in the industry judging by how things are going."Video-game development is not getting any cheaper," explains Feder. "It's a capital-intensive business, and I don't see that going away. That will drive some of the smaller competitors out.."
With the introduction of high-definition graphics, online functionality and other next-generation features in today's games, costs of production have shot up exponentially. Budgets for the production of a good-quality title are thought to hit some US$ 30 million or more in some cases.
Merging should make smaller video game outfits more stable and competitive in the US$ 40 billion industry. Pundits say that the unification of Activision and Vivendi may herald a new age in the gaming business.
Via Reuters
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Comments
for microsoft to buy all the gaming companies....
For MS to lose money in the gaming world. And even if they did they will get in trouble and the company will fall. Can you please stop being a damn fanboy geez.
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