Take Two aquires Zynga

[Rekkapryde]

~13 billion? Really? I get the mobile space is huge but this seems like such a bad deal. I'm sure they know what they're doing...but 13 billion?!

this is why...

• Zynga revenue for the quarter ending September 30, 2021 was $0.705B, a 40.02% increase year-over-year.
• Zynga revenue for the twelve months ending September 30, 2021 was $2.721B, a 54.31% increase year-over-year.
• Zynga annual revenue for 2020 was $1.975B, a 49.41% increase from 2019.
• Zynga annual revenue for 2019 was $1.322B, a 45.69% increase from 2018.
• Zynga annual revenue for 2018 was $0.907B, a 5.32% increase from 2017.

 

[Gizmo_Duck]

And people really thought sony didn’t have enough money to buy a publisher lmao

 

[MajesticLion]

Imagine if PopCap had told EA no and what their valuation would be today

 

[DaSk8D00D]

And people really thought sony didn’t have enough money to buy a publisher lmao

What does Sony have to do with any of this?

 

[Gizmo_Duck]

What does Sony have to do with any of this?

Because a company valued at 18b just bought another company for 12b, so i can’t help but throw my head and laugh about those saying sony couldn’t buy a company worth 6-7b.

Just making a mental note, i will also bookmark it to be safe

 

[Rell Lauren]

GTA6 gonna have mobile mini games

GTA6 is going to be mobile.

 

[breakfuss]

What does Sony have to do with any of this?

Because a company valued at 18b just bought another company for 12b, so i can’t help but throw my head and laugh about those saying sony couldn’t buy a company worth 6-7b.

Just making a mental note, i will also bookmark it to be safe

Not even the same thing breh. Microsoft is paying for all they shyt with cash and will continue to do so

.

 

[Gizmo_Duck]

Not even the same thing breh. Microsoft is paying for all they shyt with cash and will continue to do so

.

Sony has 19 billion in cash set aside for acquisitions alone, that is the entire net worth of Take Two Interactive. There are very few game publishers worth even half that amount

https://www.cnbc.com/2021/05/26/sony-strategic-investments-gaming-entertainment-subscriptions.html

 

[levitate]

You know Leasy mad as fukk.

 

[ForeverLurking]

So when Microsoft buys take two this year, they’ll own GTA as well as FarmVille

They must be stopped!

 

[Gizmo_Duck]

 

[ultimatemike]

jesus christ they must have gambling addicts playing Farmville if they generating those kind of dollars off micro transactions..

fukkk

 

[breakfuss]

LOL watching T2's stock price

.

 

[Rekkapryde]

LOL watching T2's stock price

.

about to get negged.

 

[humminbird]

LOL watching T2's stock price

.

lmao