Here's a deal you can sink your teeth into: this weekend only, pick up the acclaimed first person shooter Prey for just $4.95.
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Universal has signed a deal to turn last year's hit videogame, which won numerous awards and sold more than 2 million units worldwide, into a film. The "Pirates of the Caribbean" helmer is attached to direct and produce. "Aviator" scribe John Logan is in talks to pen the screenplay.
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Today Rockstar announced a new website called the Rockstar Social Club. Essentially a high tech leaderboard, the first supported game will be (drum roll) Grand Theft Auto IV (surprise!).
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"2 of T2's biggest investors, Oppenheimer Funds & FMR LLC, drastically cut their shares, a sign of "shareholder unrest" that could be bad news for management." Oppenheimer cut its stake by half, FMR LLC 14.75% ownership of the company down to 2.75%. Neither firm gave reason. Michael Pachter says a shareholder holdout for better buyout terms may be out of the question, now that 2 of the bigger owners are bailing out. T2 is to announce quarterly earning on Tuesday, so we'll see what happens soon."
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Take-Two shareholders reinstated the 8-member board at the company's annual shareholder meeting. In doing that, investors signaled their approval of the board’s rejection of the $2 billion tender offer from Electronic Arts (ERTS).
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The lawyers behind the Grand Theft Auto Hot Coffee lawsuit say they are shocked by how few people have claimed for compensation over the game’s hidden sexual content.
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If EA took over Take Two, before the release of GTA, they would be able to delay the release until Q4, which is a more profitable quarter. This article covers part of a video from gametrailers that is linked in the article.
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" Shares of Take-Two plummeted over $4.50 per share this morning, as the market opened to news that Electronic Arts had decided not to pursue its acquisition of the company. The tumble reverts Take-Two's stock value to about what it was prior to EA interest."
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Rockstar Games has acquired Andover, Mass.-based Mad Doc Software, which will in turn become Rockstar New England.
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This article discusses how Bioshock may revive TTWO stock, which has taken a severe beating lately. Trading data from the simExchange is included to forecast Bioshock's potential for TTWO.
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