|Take-Two "have the best IP out there," says COO Karl Slatoff|
|Posted: 25.07.2011 14:01 by Simon Priest||Comments: 3|
Publisher Take-Two is a "very attractive investment for anybody," thanks to their stellar line-up of owned intellectual properties, boasts COO Karl Slatoff.
They're "continuing to invest" in the "best IP out there" like GTA and BioShock. Take-Two is "fantastic" on its own, and great for "any kind of investor".
"I would agree... that our IP obviously makes us a very attractive investment for anybody, whether it's a separate company or an individual investor, an institutional investor or a retail investor," said chief operating office Karl Slatoff of Take-Two.
EA attempted to buyout the smaller studio a while back but Take-Two executives were able to convince enough investors to reject the deal and stay independent.
"I do think we have the best IP out there and we're continuing to invest in it. And that's our strategy," continued Slatoff, referring to their quality over quantity approach. They're averse to bringing out too many entries in a franchise too quickly and weakening them.
"In terms of remaining independent or not independent, I think we're a fantastic company as an independent company and we've shown our ability to thrive in that environment. But, like I said before, we're a great investment for any kind of investor, in my opinion."
Speculation is rife that Take-Two and Rockstar Games will be announcing Grand Theft Auto V officially this summer, and that it will release in mid 2012. Does Take-Two command the 'best IP' there is in the games industry?