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EA calls Take-Two bid a 'waste of ink' photo

Electronic Arts CEO John Riccitiello may have failed in his plan to acquire Take-Two and capitalize on the success of Grand Theft Auto IV, but he doesn't seem to regret trying. 

He called the whole thing "a waste of ink, primarily in the New York Post" and said that EA chose to cease its pursuit of the company because quot;time was of the essence, because we wanted to impact holiday 2008 sales of Grand Theft Auto IV."

The best part of Riccitiello's summary was the bit where he attempted to make it sound like EA was doing Take-Two a favor. The EA boss suggested that part of the reason for EA's bid was "to help that company get through what has been an uneven profit experience." Oh yes, Electronic Arts is full of Electronic Heart. 

I must admit, I like Riccitiello. He can at times be very honest and frank, but he can also be a right smug bastard when he wants. I admire that in a man.








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Jim Sterling serves as reviews editor for Destructoid.com, head of the Podtoid podcast, and produces a number of news stories, original features, one-of-a-kind videos. With his passionate argumentative style, controversial opinions, harsh delivery, and dedication to brutal honesty Sterling is a name that you can't help but recognize. Likes PS2, iPod Touch, Silent Hill 2, Metal Gear Solid, Dynasty Warriors 3 Meet the rest of the team



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7 comments | showing # 1 to 7
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Holyetheline's Avatar - Comment posted on 10/15/2008 10:23
Holyetheline
You would admire that in a man.
Lightthrower's Avatar - Comment posted on 10/15/2008 10:33
Lightthrower
Monetary system, it's all about the profits and the CEOs all lie to get away with more profits. Boycott EA i say!
falinter's Avatar - Comment posted on 10/15/2008 10:47
falinter
Good thing there is no such thing as wasting digital-ink.
Coldbrand's Avatar - Comment posted on 10/15/2008 11:51
Coldbrand
Haha. Jim Sterling admires men.
akathatoneguy's Avatar - Comment posted on 10/15/2008 11:53
akathatoneguy
Very true, falinter! Bah-zing!
MisterMingo's Avatar - Comment posted on 10/15/2008 11:57
MisterMingo
I don't know, Jim. I think having Harrison Ford and Chewbacca on your back would be pretty sweet.
RWarrior1CO's Avatar - Comment posted on 10/15/2008 20:30
RWarrior1CO
Why would somebody do that to themselves? :(
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