Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Korean Government To Foster Console Game Industry Growth For Next 5 Years: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // [Report] Take-Two Interactive To Shut Down Rollerdrome & Kerbal Space Program Developer Studios: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Inti Creates Releases New Umbraclaw Story Trailer, Debuts New Theme Song: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

[Report] Sony To Buy Out Take-Two Interactive (Update)

Update (15 March): Sony confirmed to Bloomberg reporter Yuji Nakamura that there is no truth to reports that it will acquire Take-Two Interactive. So much for that. 

Original story: In a piece of possible news that may upend gaming history to its core, Sony Corp. may own one of the biggest game publishers on the planet.

No, we’re not talking about Activision or Ubisoft. We’re referring to Take-Two Interactive. According to Wedbush Securities head of technology and media trading Joel Kulina (via Market Watch), the company’s stock climbed up 4.7% due to a rumour that Sony Corp. “is in advanced board level discussions to acquire Take-Two Interactive in a mostly cash deal”. There’s no confirmed year when this will happen though, assuming it’s even concrete in the first place.

What does this mean if this grain-of-salt news happens? Well, we may be seeing Rockstar Games and major Take-Two games being sole exclusives for PlayStation. We don’t see any other avenue around this; exclusive games sell consoles. Buying out a major publisher that has a ton of game developers under its wing means more exclusives.

Time will tell if this will bear fruit, but things may look up for the House of the Triangle-Square-X-O combo if it’s true.

Related News

post-07
Xbox Wants To Continue Killer Instinct, But This Requires "Personal Passion"

If you're hoping for an Xbox Killer Instinct fighting game sequel or follow-up, certain developers & fans may need to rise up to the challenge. ...

post-07
AMG-Chan 2020 Has Been Postponed

Bad news, anime fans in Malaysia. The upcoming AMG-Chan 2020 event has been postponed. AniManGaki made the announcement on their Facebook page just a ...

post-07
Razer Opens New Southeast Asian HQ In Singapore

Today, Razer celebrated the grand opening of its new Southeast Asia Headquarters. The ceremony was officiated by Mr. Heng Swee Keat, Deputy Prime Mini...

Write a comment

Your email address will not be published. Required fields are marked *

Tournament Tool Kit

Kakuchopurei Community