Grand Theft Auto, BioShock, Call of Duty and World of Warcraft under one roof?

Activision has been all over the news this week, slashing the Guitar Hero and DJ Hero franchises altogether and canceling the latest True Crime. But, as if that wasn’t enough, rumors now have it that the publisher would be interested in buying Take-Two. That would unite major developers like Irrational Games and Rockstar Games with the rest of the elite in the likes of Infinity Ward and Blizzard Entertainment.

“There are very strong rumours amongst people at a very senior level within the global business,” a senior executive told MCV. “But there’re not much more than that at the moment – they are just rumours. And, of course, given Activision’s news this week, everyone is now looking to see what their next move is. But you can definitely put two and two together and make four-ish.”

EA made an equal attempt to buy its competitor back in 2008, with a negative result which pushed the publisher along a different path, partnering with studios like Insomniac Games, Respawn Entertainment and Crytek instead, the results of which are still to bear fruit.

Take-Two stood its ground back then, and with a year-on-year increase in net profit almost $41 million (USD) for the quarter ending Dec. 31st, 2010, it’s more than likely the publisher will do just the same this time. But it’s all speculation at this point, we’ll be keeping an eye on the matter should its status change.