Take Two Not For Sale

There had previously been some rumors floating around that Take Two, whose subsidiary is BioShock developer 2K Games, might be sold to EA. According to Reuters, though, it’s not going to happen.

“I’m much more interested in growing the business than in selling it, to be clear,” Zelnick told the Reuters Media Summit. “I would say for the next five to seven years this is a terrific time to be in the video game business.”
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“From a general point of view I think you’ll see some industry consolidation. It’s hard to imagine that you wouldn’t,” Zelnick told the summit in New York.

Take-Two would seek growth by developing original games such as “BioShock”, a spooky underwater shooter that turned into a sleeper hit, rather than by seeking licenses for movies or other properties as other publishers have done.

“From a specific point of view, what we find most compelling is building up our collection of our intellectual property. I’m not really interested in scale for scale’s sake,” Zelnick said.

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