ST Alpha - "How does the publisher of Bioshock and GTA LOSE MONEY in the last quarter? -- (link)" (Reading a Post)

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How does the publisher of Bioshock and GTA LOSE MONEY in the last quarter? -- (link)

Posted by Mop (aka rburriel) Dec 18 '08, 09:32

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The company�s net loss widened to $15 million, or 20 cents a share, from a loss of $7.1 million, or 10 cents, a year earlier. (www.bloomberg.com)

Responses:

Poor management plus HD game development is enormously expensive. - Inigo Dec 18, 09:40 5
- take two is terribly run....nm - x Dec 18, 09:43 4
  - Ultimately, Microsoft is going to throw enough money at Rockstar and Take Two will sink. - Mop Dec 18, 09:47
  - I think they really regret not taking EA's buyout offer. -- nm - Inigo Dec 18, 09:44 2
    - Take Two was really banking on GTA and so was EA. It was stupid of EA to think they could get Take Two right before the release of GTA. -- nm - Mop Dec 18, 09:46
    - EA would have runined them. -- nm - lileve Dec 18, 09:45
Walter "made off" with it. -- nm - CrankYanker Dec 18, 09:34 1
- No worries, cousin! We'll get it back once my next 'investment' comes through! -- nm - Roman Bellic Dec 18, 09:46
Did New Line ever admit to LOTR making any profit at all? -- nm - sheba Dec 18, 09:34 11
- Yeah, but we're not talking about a specific project. We're talking about quarterly earnings (which have caused stock price to tumble) - Mop Dec 18, 09:40
- what?? they said it didn't?? -- nm - the naughty list loves mandy lane Dec 18, 09:36 8
  - Oh yeah. The actors had to band together and go through all kinds of crap to get their bonuses. Seems they were based on profit, - sheba Dec 18, 09:39
  - "but Mr. Fenyman, there never are any profits" -- nm - pigby Dec 18, 09:39 1
    - hee. -- nm - kelly Dec 18, 09:42
  - Hollywood accounting on profits so they wouldn't have to pay the actors/crew members. -- nm - Inigo Dec 18, 09:38 4
    - the whole trilogy? -- nm - the naughty list loves mandy lane Dec 18, 09:39 3
      - Yup. Forrest Gump ($700 million worldwide) didn't make any money either. -- nm - Inigo Dec 18, 09:41
      - Here's a short article from last year -- (link) - Max Dec 18, 09:40
      - 3 billion in world-wide box office just doesn't go as far as it used to. -- nm - Will Hunting Dec 18, 09:40
- *Exactly* what I was thinking. -- nm - Beryllium Dec 18, 09:34

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