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.
Source: Shacknews
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Comments
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Clarky_psu
- 4:01am EST - December 7th, 2007
- 2
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..
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PS3-The Ultimate Machine
- 4:59am EST - December 7th, 2007
- 4
Hopefully this means,Sony would take R* North,probably the greatest developers out their right now, under it's wing.
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-Zaku-
- 5:09am EST - December 7th, 2007
- 5
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).
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Wintee
- 5:57am EST - December 7th, 2007
- 6
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.
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tom ass
- 2:59pm EST - December 7th, 2007
- 16
@ 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.
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plustheharm
- 3:42pm EST - December 7th, 2007
- 17
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.
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[ZeEk]
- 6:55pm EST - December 7th, 2007
- 18
@ 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.
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