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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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Halloween TV Show Is On A "Fast Track" To Development, Miramax Boss Says

Halloween TV Show Is On A "Fast Track" To Development, Miramax Boss Says https://ift.tt/Wy2hmw9

You can't keep a horror franchise down for long, and when it comes to Halloween, Mirimax Television says plans are moving forward to create a TV series set in the world of Michael Myers now that it owns the TV rights to the infamous slasher. Miramax has ambitious plans to resurrect Halloweeen as a cinematic universe for both film and television, and this latest stab at the IP will be a "creative reset" building on the foundation of the first film.

"We're on a fast track, it's a big priority for us. We've had lots of exciting conversations in recent months with a number of really talented people, and I think we'll have a pretty good idea of what we're going to be doing very soon," Miramax head of worldwide television Marc Helwig said to Deadline. "We're hoping to lock down the creative team very soon."

This new take on Halloween will once again reboot Michael Myers and his world, as Helwig added that the recent Halloween movie trilogy co-produced with Blumhouse provided a fitting conclusion to Myers within that particular story. Halloween reboots and retcons have happened several times over the decades, and like those projects, Helwig mentioned how pivotal the first film directed by John Carpenter is to establishing the lore and foundation for new projects.

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