Sony buying take two

Author: m | 2025-04-25

Rumour of Sony buying Take Two Rumour of Sony buying Take Two. By Hendo, Ma in News. Share More sharing options Followers 0.

The Sony buying Take Two (Rockstar

The internet is going crazy today over rumours that Sony is buying Take-Two and the studios that reside within it, including Rockstar Games, Firaxis, Hangar 13 and more.“Take-Two Interactive Software stock climbed 4.7% on rumors that Sony Corp. ‘is in advanced board level discussions to acquire Take-Two Interactive in a mostly cash deal,’ that would value the company at $130 share, according to Joel Kulina, head of technology and media trading at Wedbush Securities,” a report from Market Watch originally read.GamesIndustry.biz has since spoken to Kulina, who has distanced himself from the comment attributed to him.“This is purely unconfirmed market speculation that is making the rounds,” Kulina said. “I am not the source of this story in any regard. And not sure who quoted me as I didn’t speak with anyone over the phone (unless someone saw a trading note that I wrote).”Bizarrely, the duo who wrote Market Watch’s original report have distanced themselves from it as well, confirming that Kulina’s comment was the only source they’d heard the rumour from.“The stock shot up at the start of trade today to lead the S&P 500 and I was simply looking for plausible explanations,” Matthews told GamesIndustry. “Joel’s in a good position to know what’s moving individual tech stocks, even if they are just rumors. In terms of timing, [Take-Two] stock was well up before his email went out, so it was not his dissemination of the rumor that sparked the move.”We’ll highly doubtful that Sony’s in the process of buying Take-Two, but we’ll keep you informed as we learn more. Sony has declined to comment on the rumour This article may contain affiliate links, meaning we could earn a small commission if you click-through and make a purchase. Stevivor is an independent outlet and our journalism is in no way influenced by any advertiser or commercial initiative.

Rumours that Sony will buy Take-Two are unconfirmed

News PlayStation PS4 PS5 SonyThe games industry has been one that’s always been growing for years, though since the pandemic its safe to say that it’s been booming these last three.It’s currently the largest entertainment industry, and while we think we’ve seen big acquisitions lately with Microsoft buying Activision Blizzard or Sony buying Bungie, things are only expected to go up from here.That’s at least the opinion of Michael Metzger, a partner at investment bank Drake Star, which mainly deals in investing in tech mergers and acquisitionsA report from Axios points out that Drake Star has been tracking acquisitions and mergers being on the rise in recent months, and according to Metzger, “based on our discussions with many of the top gaming companies in the last weeks, we expect the deal volume to increase steadily over the next year.”Who can say what exactly these mergers and acquisitions will be, but Metzger points to Sony, Take-Two, Tencent and Savvy Games as the ones who will be making most of these big moves.In one sense, it’s potentially an exciting future, as these larger publishers could enable smaller teams to deliver projects they wouldn’t have been able to do on their own.On the other hand, consolidation leads more often to less variety, and greater risk that whenever the parent company decides times are rough, and layoffs are needed, that now has an even greater ripple effect.Just like what we’ve been seeing this year, with layoffs and studio closures across the industry.Source – [Axios]

Is Sony In The Process Of Buying Take-Two? - eTeknix

Firm's $160 million buyout of Musicmatch is another signpost in Yahoo's circuitous efforts to becoming an online music giant. John Borland covers the intersection of digital entertainment and broadband. With Tuesday's $160 million purchase of Musicmatch, Yahoo sent a clear message that it is determined to be a major player in the fast-growing digital music business, despite its relatively late start. News.context What's new:Yahoo acquires Musicmatch for $160 million in a prominent effort to right its ship toward becoming an online music giant.Bottom line: The online portal is buying its way into selling music, joining Microsoft, Apple and RealNetworks, among others. Can it make up for entering the game late? More stories on this topic A giant in the online radio business, Yahoo has been slow to follow Apple Computer and others into digital music sales or subscriptions. As first reported by CNET News.com, the company had been considering several different options, including building its service in-house, based on technology acquired earlier, or buying an existing service. Sources close to the situation said Yahoo had opened discussions with Musicmatch as early as February and that the start-up had pressed for nearly double Tuesday's purchase price. Yahoo executives, however, said Tuesday's deal had come together quickly, in the last few days. The acquisition will take some time to be integrated with Yahoo's other music products, such as Launchcast. But it will give the company a solid platform from which to take on increasingly powerful rivals such as Microsoft, Apple and Sony.. Rumour of Sony buying Take Two Rumour of Sony buying Take Two. By Hendo, Ma in News. Share More sharing options Followers 0.

Sony Buying Take-Two Rumors - YouTube

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Sony Buying Take-Two Interactive? - YouTube

Since kids in the 1990s clambered across monkey bars while declaring undying fealty to Nintendo and Sega, the world of video games has clung to an idea: console wars. Over the years, the players changed — Nintendo vs. Sega ultimately gave way to Sony vs. Microsoft — but discrete devices like the PlayStation and Xbox remained the centerpiece. Now, though, on the back of a slew of multibillion-dollar purchases, the industry appears to be entering a new phase that transcends physical hardware: the consolidation wars.Last month, Take-Two made history by buying Zynga for $12.7 billion, only to be dwarfed immediately by Microsoft, which purchased Activision Blizzard for a record $68.7 billion in an all-cash deal that used up about half of the tech company’s cash on hand. An announcement from Sony followed soon after, with the Japanese electronics and entertainment company acquiring “Halo” creator and “Destiny” developer Bungie for $3.6 billion. Now, market analysts and industry veterans say nearly any gaming studio could be subject to a similar deal.The Microsoft-Activision Blizzard deal comes at an interesting time for antitrust regulation. The Federal Trade Commission has been frequently criticized in recent years for not cracking down on competition and privacy abuses. But now, with the recent introduction of more aggressive leadership, the commission is operating under a more ambitious mandate to hold Big Tech responsible.“The FTC and DOJ are both taking an aggressive posture on mergers,” said Matt Stoller, director of research at the American Economic Liberties Project, an anti-monopoly advocacy

Rumor: Sony Is Buying Take-Two - 80

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