""We're always running scared around here. I'm fond of saying arrogance is the enemy of continued success. And I do think we're in a terrific position. We're performing much better than expected economically, and that's because we're performing much better than expected creatively, and that's always our story around here," he said. "And if we can maintain that, then we have a wonderful future ahead of us. It is true that at year-end, we're really very under-leveraged.""
"Zelnick said it may be true that EA going private could give Take-Two "a bit of room from a competitive point of view," but that isn't clear at this point. "We wish our competitors well. A good business is well served by having powerful players, not just one powerful player. So, it's possible that the competitor landscape shifts a bit; it's also possible nothing changes at all. Either way, we have to do our job, which is make the very best entertainment on earth.""
EA faces a pending $55 billion sale to a consortium led by Saudi Arabia's PIF, Affinity Partners, and Silver Lake, with closing not expected until 2026. Take-Two may become the last large publicly traded American game company if the deal completes. Take-Two's leadership expresses uncertainty about how competitive dynamics will shift if EA goes private, noting potential but unclear advantages. Take-Two reports stronger-than-expected economic performance tied to creative output and remains under-leveraged at year-end. The company emphasizes focusing on creating leading entertainment while also announcing another delay for Rockstar's GTA 6.
Read at GameSpot
Unable to calculate read time
Collection
[
|
...
]