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Sony: There is 'No Truth' in Reports to Acquire Take-Two - VGChartz
Sony: There is 'No Truth' in Reports to Acquire Take-Two

Sony: There is 'No Truth' in Reports to Acquire Take-Two - News

by William D'Angelo , posted on 14 March 2019 / 1,779 Views

There were recent reports that Sony was looking to acquire publisher Take-Two Interactive. However, Sony speaking with Bloomberg tech reporter Yuji Nakamura says there is "no truth" in the reports. 

Take-Two Interactive is the parent company of  2K Games and Rockstar Games.


A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.


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8 Comments

KLAMarine (on 14 March 2019)

Surely it would have been too expensive.


snyps (6 days ago)

The thought that the heads of Sony Computer Interactive (iirc) and TTwo could have a lunch to discuss friendship and sailing in the same direction is completely in the realm of reality. At a talk like that the convo could easily swing to "how much would it take?" I could see the company where pachter works taking that and trolling everyone one as per usual.


Jayplay (on 14 March 2019)

Honestly I kinda want a little bit the rumors to be real...


Chazore (on 14 March 2019)

But why?.


  • -4
Jayplay (6 days ago)

Just to beat the competition... Xbox


  • +2
Shiken (on 14 March 2019)

Honestly despite how positive it would be on paper, Sony would never recoup the cost to even break even. I did not think this had any truth from the start.


Chazore (on 14 March 2019)

It would be positive on paper?.


  • -1
Shiken (on 14 March 2019)

On paper yes, having the next GTA, Red Dead, 2K sports, Borderlands, Bioshock, etc as PS5 exclusives would be a positive move for Sony. I thought that would be obvious.


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Shiken (on 14 March 2019)

Sounds to me like you are missing the entire point just for the sake of complaining but ok.


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HylianSwordsman (on 14 March 2019)

You don't think Sony would make back $15 billion dollars off of Take Two? That's probably what it would cost. That would only require one GTA V sized success. If GTA VI wasn't quite as successful, then between it and Red Dead 3 it would. You underestimate the power of microtransactions. But hell, without them they'd still at least break even. GTA V is the highest grossing entertainment property ever made in the history of any medium, be it book, comic, film, game, or otherwise. It reached a billion dollars in a day. Now sure, GTA VI would almost certainly sell less being limited to one console, but probably not much less, based on what we saw in the PS2 era, and especially if Sony also released it on PC and just made it console exclusive. It might take a few years or even a decade or two to break even, but they'd do it eventually.

Meanwhile they'd take away huge system sellers from their main competitor Microsoft. And if Microsoft is indeed partnering with Nintendo as multiple sources have confirmed, it will be a powerful partnership that Sony will need to do something big to compete with. Sony says they aren't doing this, and I'm honestly not surprised, because it's just so huge, but it's not as crazy as it sounds, and Sony might want to consider it.


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Shiken (6 days ago)

@Chazore

Considering I am clearly talking about being a good business move for Sony on paper due to all of the IPs they would aquire, and you keep trying to "disagree" by talking about the gaming industry as a whole and hence completely ignore the point behind the comment...

Yes you are missing the point for the sake of complaining.


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EricHiggin (6 days ago)

Why couldn't SNY just slap their SIE title on the start of the games and sell them on all platforms? At least until they paid off most if not all of the investment, even if it takes all of next gen to do it. At that point they could decide whether or not it's worth it to make those titles exclusive to the PS platform or continue to massively profit using competitors platforms as well. With MS trying to push XB games/services on other platforms, why shouldn't PS push back if not beat them to the punch?


  • +4
Nuvendil (6 days ago)

*Shocker*


Azzanation (6 days ago)

I never understood a rumour like this. Take Two is on fire, why do they need to be purchased? It made little to no sense to me.


Jumpin (on 14 March 2019)

It's a company valued at 11 billion dollars.


mjk45 (6 days ago)

You only need a controlling interest you don't need the 100% , 51% would have done,and in certain situations ,you can control it with less as a bloc.


  • +5
Johnw1104 (6 days ago)

I am relieved!