Rockstar Games and Irrational Games parent Take-Two sees itself as a “very attractive” investment, COO Karl Slatoff has stated, whether it’s to “a separate company or an individual investor, an institutional investor or a retail investor.”
With properties like Grand Theft Auto, Red Dead Redemption and BioShock — to name a few — in its stable, it’d be coo-coo to think otherwise, no?
“I do think we have the best IP out there and we’re continuing to invest in it. And that’s our strategy,” he tells IndustryGamers.
“At the core of it, we believe that the most value that you can create in an organization – an entertainment organization – is to build franchise value. And the way to build franchise value – at least our approach to building franchise value – is to go for quality in triple A development versus quantity. And I think we’ve proven that we’ve been able to create these franchises and they go from generation to generation.”
“But in terms of remaining independent or not independent,” Slatoff continues, “I think we’re a fantastic company as an independent company and we’ve shown our ability to thrive in that environment. But, like I said before, we’re a great investment for any kind of investor, in my opinion.”
Back in 2008, publishing giant EA attempted but ultimately failed to acquire Take-Two. There’s been chatter of EA or someone else having a go at it ever since.
Analyst Arvind Bhatia has called a takeover of the company ‘a reasonable bet’ while the Take-Two itself, according to CEO Strauss Zelnick, always considers acquisition offers.