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GTA 6 Is Going To Be Huge. So Why Is Take-Two’s Stock Having Such A Bad Year?

GTA 6 Is Going To Be Huge. So Why Is Take-Two’s Stock Having Such A Bad Year? https://ift.tt/WumgPLN Take-Two owns one of the largest entertainment franchises out there in Grand Theft Auto. The newest entry, GTA 6, launches this November. There is enormous hype for the new game, which is expected to sell millions of copies at launch and break records. In short, it's expected to be a once-in-a-decade (if not ever) kind of title. The game is also coming to market with a lot of positive sentiment and excitement. If you're a Take-Two shareholder, however, the past year has been a big bummer. Take-Two's share price has slid about 15% so far this year and is down about the same over the past year, meaning anyone who invested in the past year has lost money (at least on paper; gains or losses are not realized until positions are sold) in the run-up to GTA 6's release in November.  What's going on here? There are plenty of factors involved in what could be driving Take...
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AMC, Where Heartbreak Feels Good, Will Now Let You Get Fired Via Zoom In Its Theaters

AMC, Where Heartbreak Feels Good, Will Now Let You Get Fired Via Zoom In Its Theaters https://ift.tt/LQ4rcDh

Beginning sometime in 2023, AMC Theaters and Zoom are coming together to allow audience members to video chat from the comfort of their local movie theater. The two companies announced the collaboration in a small press release that gave faint details, but Variety is reporting at least 17 AMC locations across the United States will work together with Zoom to facilitate conference calls between "small, medium and large-sized groups" in different venues.

Additional services like food and beverage selections, possible movie viewings, and other meeting needs will also be available at an additional cost, the release also said.

It's hard to imagine that dazzling images on a huge silver screen just means choppy video of your friends or even your bosses if for some reason they decide to host a post-Wakanda Forever conference call. The hope for the collaboration is to enable companies with decentralized workforces and customer bases to meet for "cohesive virtual and in-person events and meeting experiences".

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