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Take-Two shares take a dive photo

I'm developing this great idea for a dramatic sitcom based around the Take-Two offices. It will feature tense courtroom scenes as executives get caught backdating stock options and falsifying records against the dramatic backdrop of violent game controversy and the delay of GTA IV, which analyst Michael Pachter blames on the complexity of PS3 and Rockstar's exclusivity agreement with Sony.

Seriously, can you guys picture it? There would be a high-intensity hospital scene at the bedside of an anxious Jack Thompson, and the ever-troubled PR department at SCEA could make a cameo for comic relief.

Anyway, investors don't seem to think the whole deal is funny, though. NextGen.biz is reporting that Take-Two's shares have plunged 13% on the heels of the announced GTA IV delay, which is actually a bit of a recovery after cumulative losses at closing yesterday were about 19%. As of 10:00 AM ET this morning, shares were down about $2.17 to $14.74.

Maybe we can film investor rage for the sitcom? Bells ringing, papers flying, lariats made of neckties and game controllers?  








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14 comments | showing # 1 to 14
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Samit Sarkar's Avatar - Comment posted on 08/03/2007 11:35
Samit Sarkar
Hell hath no fury like a gamer scorned.
bluemeep's Avatar - Comment posted on 08/03/2007 11:48
bluemeep
The Fed will be lowering rates, get your money out of T-bills and put it all into *clunk* waffles! Tasty waffles with lots of syrup!
OutrageousToob's Avatar - Comment posted on 08/03/2007 12:07
OutrageousToob
Maybe I should consider buying.... nah, there'll just be another delay.
Crunshii's Avatar - Comment posted on 08/03/2007 12:11
Crunshii
I remember when the R* PR mentioned that they had 0 problems making the game for both consoles. Then the Developers mentioned they had problems trying to fit everything into the DVD9 format, then M$ sends them an angry email, PR quickly says it was PS3's complexity to develop for. Then M$ gets involved investing 50mil for the 2 episodic DLC, The story needs to follow up and in a way it doesnt fully hurt the other console and follows the storyline no problem.

one thing I would like to mention this is why developing for 2 different consoles is a bitch. Whether one is easier or not, it is more complex for the developers to program everything for 2 separate things and make them equally on 2 diff platforms.

As a Web Designer, I can understand this perfectly, when making a site in fully CSS for firefox and ie sometimes its a bitch, the more complicated the web site the more chances you will see errors on one browser and not on the other, or one of the 2 will interpret coding differently.

What am I getting with this is that, making a game for 2 consoles will keep delaying the game to get things perfect, thats why exclusivity to one console makes it 10 times easier and earlier release.
Jark212's Avatar - Comment posted on 08/03/2007 12:17
Jark212
Why Must The GOOD SUFFER??!!
Jark212's Avatar - Comment posted on 08/03/2007 12:17
Jark212
Why Must The GOOD SUFFER??!!
wonky360's Avatar - Comment posted on 08/03/2007 12:26
wonky360
If the only reason that GTA is delays is because the PS3 version is not ready then this sucks ass big time. GTA is a system seller, especially around christmas. This news sucks no matter what the real story is. I'll content myself with a game of Duke Nukem Forever before I see this.
badkarma's Avatar - Comment posted on 08/03/2007 12:59
badkarma
I blame cocks.
badkarma's Avatar - Comment posted on 08/03/2007 12:59
badkarma
I blame cocks.
Quest's Avatar - Comment posted on 08/03/2007 13:59
Quest
loll thoses M$ fanboys .... they're so funny :)))))
Zero Iscariot's Avatar - Comment posted on 08/03/2007 15:52
Zero Iscariot
@Quest:

At least they're not separatists. Referendum yourself!
Aaron Mxy Yost's Avatar - Comment posted on 08/03/2007 17:59
Aaron Mxy Yost
I blame terrorists.
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