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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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Star Wars Jedi: Survivor Coming To PS4 And Xbox One

Star Wars Jedi: Survivor Coming To PS4 And Xbox One https://ift.tt/nZUYq3T

Star Wars Jedi: Survivor is headed to more platforms. During publisher Electronic Arts' earnings briefing, the company announced that developer Respawn is now in the "early stages" of bringing the Star Wars game to PlayStation 4 and Xbox One.

Jedi: Survivor launched at the end of April this year for PC, PlayStation 5, and Xbox Series X|S. The game enjoyed generally favorable reviews, but the PC version left something to be desired in terms of performance. EA released multiple patches to address the issues over time.

The announcement from Respawn and EA today about bringing Jedi: Survivor to older consoles probably came as a surprise to some. In February, game director Stig Asmussen told Play Magazine (via GameRant) that Respawn was skipping PS4/Xbox One so the company could take full advantage of the superior processors and memory of the PS5 and Xbox Series X|S compared to the PS4 and Xbox One. Asmussen said Respawn was hoping to achieve a "true new-gen experience" with Jedi: Survivor.

Continue Reading at GameSpot
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