Take-Two spends $22 million on a company that lost $8 million last year

[Great Rumbler]

Take-Two Interactive, notorious publisher of the Grand Theft Auto series, is expected to complete the $22.7 million buy-out of TDK Mediactive the first week of November. Take-Two reportedly has no plans to change the line-up of games coming out of TDK, only possibly expanding it. TDK, deemed unprofitable by business analysts, lost $8.3 million last fiscal year. This is definitely an interesting business move for Take-Two. Either they are trying to lighten up their public image, or they really enjoy losing money.

I'd say the reason for this move is that Take-Two wants to lighten their image some.

N-Philes

[A Black Falcon]

Because they want one of the few gaming companies on the planet with fewer games worth buying than they have!

TDK Mediaactive. Makers of all the Shrek games... games which have redefined "liscenced garbage" yet again. Why in the WORLD would anyone want them? Incompetent company...