EA & Take-Two Begin Secret Negotiations

August 26, 2008 -

Now that the Federal Trade Commission has opted not to place any regulatory hurdles in the way of a potential EA-T2 merger, the two publishers will begin meeting behind closed doors.

An filing made by Electronic Arts with the Securities & Exchange Commission late yesterday reads in part:

On August 25, 2008, [EA] and [T2] entered into the confidentiality agreement contemplated by the letter of August 17, 2008 from Strauss Zelnick, Executive Chairman of the Board of Directors of Take-Two to John Riccitiello, Chief Executive Officer of EA, and the letter of August 18 from Mr. Riccitiello to Mr. Zelnick.

 

The terms of the confidentiality agreement prohibit each of EA and Take-Two from, among other things, publicly disclosing the status or terms of any discussions or negotiations between EA and Take-Two unless EA or Take-Two notifies the other that it is terminating discussions. As a result, EA does not intend to make any further announcements regarding the status of any discussions or negotiations with Take-Two unless and until discussions between EA and Take-Two have been terminated or such parties have entered into a transaction. As previously disclosed, EA now requires due diligence to support any proposal to acquire Take-Two and there can be no assurance that any proposal, negotiations or transaction will result.

Among other things, EA will be looking at T2's three-year game release schedule. Not a tough one to figure out: GTA V, Bioshock 2. A GTA MMO would be a nice surprise...


Comments

Re: EA & Take-Two Begin Secret Negotiations

Thanks good job;

Btw, I think Atari and Midway will drop out too, but mostly travesti because  these guys have done nothing travesti or little and need to start saving costs. and dizi izle

YES.

Now I don't have to get off my ass for the important shit anymore!

Whats next, ordering pizza from Xbox live?

Wait... I think that sounds like a good idea.

But I think voting should MAKE you get off your ass, and see outside or a second while you go vote. I mean, your picking the president of the United States of America for God's Sake... least you can do is drive down there and punch out a card.

Re: EA & Take-Two Begin Secret Negotiations

I'm all for freedom of ttnet vitamin speech and allowing rent a car game makers to put whatever they want in games, but there's one thing about this app that has me scratching my head.  Correct me if I'm wrong, but from araç kiralama the previous article araba kiralama on this I gathered that players can use Google maps in-game to find the other (real-life?) dealers in their area.  If this is the case, has travesti anyone considered what's stopping someone from using this app to actually move drugs between hands for reals?

But majority araba kiralama of their outrage araç kiralama stems from what it could DO TO children, not the content itself.  Talk to one of these people and you'll find they don't think any books kiralık araba should be banned from children.  Mention American Psycho and they talk about kiralık araç the redeeming value of using imagination to construct a story.  Reading, no matter what the content, is largely viewed as a consequenceless activity for people of any age.  The reason why I mention American Psycho is because of the content itself.  Gaming never has and likely never will have any scenes where someone has sex with a severed head.  Not gonna happen.  Yet despite this, they'll fight tooth and nail to protect their children from two boys kissing in Bully but whatever they read is harmless... yeah.

The entire arguement is kiralık oto based upon a social normality inflicted by luddites who can't figure out the controls for Halo so it's frightening and terrifying and obviously the cause of youth violence on the rise even though, in reality, it's in decline (which is actually a HUGE suprise given minibüs kiralama the economies status).  In  a perfect world, we would have parents that actually parent.  The idea of sales restrictions on media on oto kiralama any form to accomidate parental unwillingness to get involved with their child's life is the real problem to me.  Here I am, 32 years old, and being held up at a self-scan rent a car needing to show ID before I can buy a $10 M rated game all because Soccer Momthra can't be bothered to look at the crap Billy Genericallystupidson does in his free time.  It's too hard for her, so I have to suffer?

Re: EA & Take-Two Begin Secret Negotiations

EA will kill GTA, hopfully if T2 is bought over the rockstar boys will say 'fuck you!' and leave takin the game engine with them, and simply continue creating GTA under a new name

 

Fuck EA, fuck them in the eye

Re: EA & Take-Two Begin Secret Negotiations

Oh figs, this is only going to end badly for GTA fans, especally once EA starts putting SuckuRom on everything that Take-Two owns.

Re: EA & Take-Two Begin Secret Negotiations

And in Florida, a certain elderly lawyer is wringing his hands with glee.

Re: EA & Take-Two Begin Secret Negotiations

No, GTA MMO is a bad suprise, and only one that I see EA coming up with, then GTA shopping spree, GTA Hospital run, and GTA: Without the Violance Rated E for Everyone.

I am sure they are allowed to say they are in talks and what the limitations are, though they are not allowed to talk about the details of their talks itself.

Re: EA & Take-Two Begin Secret Negotiations

why am i not suprised that this is the truth you are telling anon? why?

 

Jesus Jack Jones Thompson told me to do it!

Jesus Jack Jones Thompson loves you, so kill for his amusement so we can get money for the new "People's Temple of Jesus Jack Jones Thompson"

Re: EA & Take-Two Begin Secret Negotiations

Oh for God's sake... EA should be killed off, slowly but surely, given their neglect of the European consumers as evidenced through the farcicle handling of RockBand over here.

 

We need more companies like Introversion Software - bring back the rest of the bedroom programmers, and to hell with these monopolising bastards who care only for what brings on the most $s - film licenses... makes me sick to the teeth just thinking about it

Re: EA & Take-Two Begin Secret Negotiations

Just because a company is successful does not mean it should be killed off, nor does pandering to another market.  Take a look at the sheer volume of games that Japan does not export.  I'm fairly certain there are a large amount of games that are not exported to NA from Europe as well.

The age of the bedroom programmer is dead.  There are massive production costs involved with creating any console game now due to the gaming community's facination with graphics.  In addition as gaming ages as a hobby, people demand more complex things of it to the point of a game becoming an interactive movie with multiple permutations of the story-line.  This adds to production costs which the "bedroom programmer" just cannot support without significant help.  Heck this isn't even acknowledging the problem that is publishing rights.

Also, EA's no longer the biggest fish... Activision-Blizzard is.  Just take a moment to think how Rockband's going to suffer in comparison with Guitar Hero.  Before the merger, Vivendi owned Universal (the record label).  Now Activision-Blizzard owns Universal.  This makes it much harder for Rockband to obtain a liscense to use any music by a musician signed with Universal whereas Guitar Hero now has inside access to many more songs via the coporate umbrella.

I understand that EA acquiring T2 would put them back in the big fish position and give them an effective monopoly over sports games however I have many fond memories of games that were not even related to the major leagues.  If a company wanted to release a game called "Olympic Hockey" once every four years but devote more time to the development of that game I'd still be happy.  Heck, I LOVED Mutant League Football/Hockey and would love to see something akin to that remade.  There is only a sports monopoly for so long as people want to think inside their established boxes.

Re: EA & Take-Two Begin Secret Negotiations

The meetings can't be too secret if you are reporting them here....

Sortableturnip's Law: As an online discussion of video game violence grows longer, the probability of a comparison involving Jack Thompson approaches 1

Re: EA & Take-Two Begin Secret Negotiations

I believe it's secret in the sense that EA isn't going to be making it's latest offer in a press release.

In short it sounds like EA's finally actually begun negotiations rather than insulting offers.

-Gray17

Re: EA & Take-Two Begin Secret Negotiations

About to say, this secret is not quite so secret anymore.

Re: EA & Take-Two Begin Secret Negotiations

This can only end in pain and suffering.



Chris 'coldacid' Charabaruk <coldacid.net>
IGDA Indie SIG Coordinator, Programmer, Designer

 
Chris 'coldacid' Charabaruk <coldacid.net>
IGDA Indie SIG Coordinator, Programmer, Designer

Re: EA & Take-Two Begin Secret Negotiations

But you know too - look at their pictures... Typical corporate stiffs. They aren't gamers - and that's why this is full of fail.

Re: EA & Take-Two Begin Secret Negotiations

this is a terrible nightmare and im gonna wake up, PLEASE LET ME WAKE UP!!!!!!

Jesus Jack Jones Thompson told me to do it!

Jesus Jack Jones Thompson loves you, so kill for his amusement so we can get money for the new "People's Temple of Jesus Jack Jones Thompson"

Re: EA & Take-Two Begin Secret Negotiations

And MASSIVE amounts of DRM that doesn't work right. EA's good for that.

 
Forgot your password?
Username :
Password :

Poll

Which Feminist Frequency video are you looking forward to most?:

Shout box

You're not permitted to post shouts.
Goth_Skunk@WonderKarp: And that's why I don't read or watch mainstream news.01/29/2015 - 5:06pm
Matthew Wilsonzip is it KB or kb? if its KB its MB, if its kb is mb. ether way where do you live that you are getting ripped off that badly?01/29/2015 - 4:41pm
ZippyDSMleeI has a whole 1MB(mb mabye, 1000KBPS) for a whole...100$ a month ;_;01/29/2015 - 4:24pm
WonderkarpFCC appears to be kicking ass today01/29/2015 - 4:11pm
WonderkarpI found this neat. Shows the different ways different websites tell the same story. Not VG Related, but its neat https://i.imgur.com/3m6xOfE.jpg01/29/2015 - 2:12pm
Matthew Wilsonnp I am still suprised that the fcc did it, but I still do not trust the chairman yet.01/29/2015 - 2:11pm
Andrew EisenYeah, what I mean is I'm fortunate enough to live in an area where I have the option of up to 50Mbps if I want to pay for it. Meant that as an anecdote; didn't mean it to come across as a "you're wrong!" Sorry 'bout that!01/29/2015 - 2:06pm
Matthew WilsonThat is why I said "every market". for example totalbescuit has TWC, and the best he can get atm is 10/10.01/29/2015 - 1:58pm
Andrew EisenTWC offers speeds that high, at least in my area. (Standard is 15Mpbs)01/29/2015 - 1:54pm
Matthew Wilson@prh I still have my doubts. if anything the big winner is Comcast. they are the only isp in the us that can provide that speed in every market they serve. att, verizon, and twc cant or at least dont.01/29/2015 - 1:50pm
Andrew EisenTrailer for Ted 2 and it looks like it won't simply be a rehash of the first. That's encouraging! https://www.youtube.com/watch?v=S3AVcCggRnU01/29/2015 - 1:49pm
prh99It's nice to see an FCC chair who isn't just there to facilitate monopoly building for cable and telecom. Basically not a dingo.01/29/2015 - 1:46pm
Wonderkarpmine was grandia 201/29/2015 - 1:39pm
Matthew Wilsonoh btw only about 5.6 percent of the us has broadband now.01/29/2015 - 1:21pm
Matthew Wilsonhttp://www.theverge.com/2015/1/29/7932653/fcc-changed-definition-broadband-25mbps did not think the fcc would go through with it.01/29/2015 - 1:16pm
Andrew EisenI know, right? Don't you dare think the fact that I buy all your games makes this sort of behavior okay, TT Games!01/29/2015 - 12:57pm
IanCHow dare thy release games that do well both commercially and critically. How dare they. (refer to the Lego games)01/29/2015 - 12:55pm
Infophile@Wonderkarp: Tales of Innocence. Was in the final dungeon, when I accidentally left my 3DS on an airplane and couldn't get it back. Lost both the game and the system. Got a new system, but not the game (not fun enough to be worth replaying)01/29/2015 - 12:10pm
Andrew EisenOh, thank goodness. There will be at least two console LEGO games this year. For a moment I was worried there! (LEGO Jurassic World, LEGO Marvel's Avengers plus LEGO Ninjago for handheld.)01/29/2015 - 12:08pm
prh99Cminer: It's the only way to monetize Nintendo game videos. Otherwise Nintendo content IDs them and take all the AD revenue. Also it's only covers a small portion of their catalog.01/29/2015 - 12:06pm
 

Be Heard - Contact Your Politician