Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
November 18, 2019
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: Viacom Offering $1.5b For Take-Two

Report: Viacom Offering $1.5b For Take-Two

February 7, 2008 | By Brandon Boyer

February 7, 2008 | By Brandon Boyer
Comments
    Post A Comment
More: Console/PC



Following industry rumors that Viacom was interested in making a bid for Take-Two, a new report has followed up with details of a $1.5 billion offer from the media giant for the Grand Theft Auto and BioShock publisher.

UK trade publication MCV has filed the new report stating only that it "understands" Viacom, parent company to Paramount, Dreamworks, MTV, and Nickelodeon -- as well as stakeholder in developer and publisher Midway -- has made a $23 per share offer on the publisher.

The deal would make some synergistic sense, the report points out, as Take-Two has recently formed a partnership with Nickelodeon to create titles based on Nick, Jr. children's properties under its new casual label.

In November of last year, Take-Two chair Strauss Zelnick brushed aside speculation of a buyout, saying "I'm much more interested in growing the business than in selling it, to be clear. I would say for the next five to seven years this is a terrific time to be in the video game business. I imagine we will try to find greater efficiencies but they probably won't be through headcount. I imagine headcount will grow. This is a growth business. We are in growth mode."


Related Jobs

Square Enix Co., Ltd.
Square Enix Co., Ltd. — Tokyo, Japan
[11.17.19]

Experienced Game Developer
Bit Fry Game Studios, Inc.
Bit Fry Game Studios, Inc. — Portsmouth, New Hampshire, United States
[11.16.19]

Gameplay Engineer
Bit Fry Game Studios, Inc.
Bit Fry Game Studios, Inc. — Portsmouth, New Hampshire, United States
[11.16.19]

Game Network Engineer
Bit Fry Game Studios, Inc.
Bit Fry Game Studios, Inc. — Portsmouth, New Hampshire, United States
[11.16.19]

Backend Engineer









Loading Comments

loader image