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Take-Two Interactive, Inc. (TTWO)
Pachter's take on Rockstar signing with T2
Pachter's take on Rockstar signing with T2
LevelUp - December 18, 2008
Submitted by deftangel (291) at 1:51AM PST on December 18, 2008
And the best news of all was that the core staff of the studio that's primarily responsible for T2 profits--Rockstar Games' Dan Houser, Sam Houser, Leslie Benzies and unnamed others--has signed new contracts with Take-Two through the year 2012. More interesting, however, than the fact that the new deal would be "primarily based on a profit sharing agreement was what happens to the new IP they create. For further analysis, we turned to Wedbush Morgan analyst, Michael Pachter
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