Analyst: Rockstar North to split from Take-Two?
- Posted December 7th, 2007 at 08:43 EDT by Mike Harradence
- 19 Comments
Wedbush Morgan analyst Michael Pachter has gone on record to suggest that Grand Theft Auto developer Rockstar North may split from its parent company, Take-Two Interactive, some time in 2009.
Pachter claims that subsidiary Rockstar Games, owned by Sam and Dan Houser, currently have a contract with Take-Two which expires in February 2009; this combined with the recent decision by Bungie to split from Microsoft, he says, is likely to prompt the Housers to evaluate the firm’s value on the market.
"I don't think that this is an issue of dissatisfaction with Take-Two; rather, I think it is rational to believe that in the wake of the $850 million Pandemic/BioWare deal, high quality developers like Bungie and [Rockstar] North would look to test their market value," said Pachter, during an interview with Shacknews.
He then added that the Housers still remain close to a number of members on the Rockstar North development and management team, including Les Benzies, who is part of the latter and also servers as director on the Grand Theft Auto titles.
Rockstar North’s latest entry in the series, GTA IV, is currently scheduled for release on PlayStation and Xbox 360 in 2008.
- 3:48am EST - December 7th, 2007
- 4:01am EST - December 7th, 2007
I`m no that interested in GTA4 anymore, because its going on the 360 aswell as the PS3, so like it will be a very small game indeed..
- 4:03am EST - December 7th, 2007
could this be do with a new IP that sony are working on with Rockstar?, if this is true then things may not be as bad with the loss of the GTA IV exclusive
- 4:59am EST - December 7th, 2007
Hopefully this means,Sony would take R* North,probably the greatest developers out their right now, under it's wing.
- 5:09am EST - December 7th, 2007
Sony should really look at improving their first party studios 'further'. I think Sony should look into this as this would be quite a catch. I think Sony should also look into Level 5 (Rogue Galaxy, White Knight Story, Dark Cloud) and Ready at Dawn (Daxter, God of War: CoO) among others. If third-party developers/publishers can't be trusted for exclusives, grab some of the more promising ones that are free right now and add them to your first party lineup before they get picked up by bigger publishers (with the whole EA and Activision mergers/acquistions, I can see this happening more and I think Sony should act on some of the indepedent talent out there now).
- 5:57am EST - December 7th, 2007
But the problem is that nobody wants to be a single platform developer.
The risks are too great. Game development costs are still rising to movie level scales, and the easiest way to offset this is to broaden your distribution market.
Unless Console manafacturers are willing to throw insane levels of cash at developers to keep games exclusive this is going to become more and more a thing of the past. In the least it's going to be restrictred to a tiny handful of guarantee'd winner titles.
- 6:22am EST - December 7th, 2007
I wish Sony could acquire Rockstar, too much negative publicity with the games they produce won't let that happen!
- 6:23am EST - December 7th, 2007
psn id: gingo... sony should try and sign rockstar up for themselves and have them like evolution and only make ps exclusives
- 6:41am EST - December 7th, 2007
lets hope EA or someone wouldnt buy rockstar, but yeah since its rockstar north i assume microsoft or sony would buy em im thinkin sony will get more of it all since how L.A. Noire if its ps3 exclusive and everything.
- 7:15am EST - December 7th, 2007
Testing their market value can work in their favor depending on who is going to possible snatch them up in a short period if they were to go through with it.
- 9:23am EST - December 7th, 2007
That is the sound you hear is the mad cackling of EA as they gather their moneys in anticipation of buying out Rockstar.
- 11:14am EST - December 7th, 2007
- 12:24pm EST - December 7th, 2007
I heard a while ago that Sony was interested in aquiring Rockstar if the opportunity came. HERE IT IS!!
- 12:44pm EST - December 7th, 2007
For everyone saying Sony should buy RS, remember that they accepted microsoft's $50 million 'bribe' to keep downloadable content off of the PS3. I seriously doubt they would let Sony buy them. They are in MS's pocket if anything.
- 2:32pm EST - December 7th, 2007
So, what will Take-Two develop now, apart from publishing small-unknown companies' games, that they just plaster thair name on (I loved Prey) ? Duke-Nukem-Forever! XD ... yeah right.
And the sequel to Prey is nowhere to be seen.
- 2:59pm EST - December 7th, 2007
@ Zaku ... Doesn't Sony already have Level 5? I could be wrong though. It would awesome to see Sony pick up Rockstar, but MS and EA won't let it be easy nor cheap for them. Since Rockstar's post GTA IV title is a PS3 exclusive there definitely is a possibility.
- 3:42pm EST - December 7th, 2007
Sam and Dan Houser are some visionary dudes, that's for sure....hopefully they don't stray but if they do, god damn EA if they get in the way of them.
- 6:55pm EST - December 7th, 2007
@ parker, are you sure of what you're saying ? wasn't the bribe from M$ so R* would create exclusive content??? anyway with L.A. Noir being an exclusive to ps3 and being the massive game that everyone is expecting i don't mind that much plus don't forget that R* said that they would create ps3's own exclusive content or something like that, back to topic it might or not be a good thing for them to split time will tell i'm not seeing the houser brothers doin' the split just to be absorbed afterwards by another company, maybe they'll do a deal selling part of the company, sony owns part of Square-Enix for example so it wouldn't be the first time nor the last for that matter that we would see something like this happening it will depend not only on the success of their most recent works as well as their value has a company amidst the industry which continuously grows.
- 5:47am EST - December 8th, 2007
M$ deal with R* was for exclusive dl missions on the crashbox 3fixme, not to keep dl content from PS3. R* is going to do the same thing for PS3, only 360 gets theirs first
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