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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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Netflix Aims To Be 'Big Leader' In Video Games https://ift.tt/fHvI1i0 It's not some sort of side quest. Netflix is taking gaming seriously, according to Vox. Reed Hastings, the streaming service's co-founder and co-CEO, spoke at the New York Times Dealbook conference today and reinforced the company's expansion into video games. Hastings apparently was asked about Netflix looking into live sports. He replied, "Talk to us after we're a big leader in games. We have a lot of investment to do in games." 7 Great Netflix Games To Check Out See More Netflix has been making all sorts of moves in the gaming space recently. The streaming service is hiring for a "brand-new AAA PC game," for instance. That's on top of building a new studio from scratch in Finland. And the company has even teased rolling out a gaming streaming service. Continue Reading at GameSpot

Netflix Aims To Be 'Big Leader' In Video Games https://ift.tt/fHvI1i0

It's not some sort of side quest. Netflix is taking gaming seriously, according to Vox. Reed Hastings, the streaming service's co-founder and co-CEO, spoke at the New York Times Dealbook conference today and reinforced the company's expansion into video games.

Hastings apparently was asked about Netflix looking into live sports. He replied, "Talk to us after we're a big leader in games. We have a lot of investment to do in games."

7 Great Netflix Games To Check Out
See More

Netflix has been making all sorts of moves in the gaming space recently. The streaming service is hiring for a "brand-new AAA PC game," for instance. That's on top of building a new studio from scratch in Finland. And the company has even teased rolling out a gaming streaming service.

Continue Reading at GameSpot
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