Like maximum different huge gaming firms, Take-Two has been part of a up to date flurry of acquisition process industry-wide. Its deliberate acquisition of Zynga is ready to near via the top of the month, and its Personal Department label snapped up Roll7 past due remaining 12 months. However what about Take-Two itself? Is it conceivable that it, like fellow primary writer Activision-Snow fall, could be got via a larger gaming company?
For now, that turns out not likely, according to feedback made via CEO Strauss Zelnick in an interview forward of lately’s complete 12 months and quarterly profits name.
“We are a public corporate, and we are right here for the shareholders,” he advised IGN. “That stated, our observe document of making price as an impartial entireprise is lovely terrific, particularly when you exclude the remaining 3 months. We expect there may be a number of nice occasions forward, and we adore being an impartial group. However we are right here for the shareholders.”
Zelnick additionally presented some context for the writer’s fresh acquisitions of Zynga and Roll7. He said the truth of {industry} consolidation, particularly during the last six months. However he added that the rise in general indistry acquisitions wasn’t going to switch the rest for Take-Two, whose enlargement he says has “all the time been in large part natural” however “populated with some selective acquisitions alongside the best way.”
“We are on the lookout for inventive offers that deliver us nice highbrow belongings and nice groups, and we will proceed to try this sooner or later,” he stated. “For sure the Zynga transaction is exceedingly vital for this corporate and now we have a large number of paintings to do jointly to verify we ship at the price, and the focal point might be in large part natural rising ahead. However that won’t save you us from proceeding to make acquisitions which are selective and disciplined for Personal Department and the remainder of the industry, together with the cell a part of the industry.”
Zelnick additionally spoke to us on a couple of different subjects, together with the likelihood of Take-Two picking up the FIFA license after EA and FIFA parted tactics, and the currrent fan frustration with the state of Red Dead Online.
Taking a look forward, Take-Two is making plans 18 new releases within the coming fiscal 12 months, together with core titles The Quarry, Surprise’s Middle of the night Suns, NBA 2K23, WWE 2K23, PGA Excursion 2K23, and Kerbal Area Program 2. There also are 8 cell video games coming, a brand new sports activities identify from 2K (likely its NFL arcade game), a brand new franchise from Personal Department, Stories from the Borderlands 2, and “one new iteration of a previously-released identify in the stores”.
Rebekah Valentine is a information reporter for IGN. You’ll in finding her on Twitter @duckvalentine.
