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    Tendo City Tendo City: Metropolitan District Tendo City Take-Two spends $22 million on a company that lost $8 million last year

     
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    Take-Two spends $22 million on a company that lost $8 million last year
    Great Rumbler
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    #1
    25th October 2003, 10:13 AM
    Quote: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
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    Take-Two spends $22 million on a company that lost $8 million last year - by Great Rumbler - 25th October 2003, 10:13 AM
    Take-Two spends $22 million on a company that lost $8 million last year - by A Black Falcon - 25th October 2003, 11:57 AM

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