Tag Archives: mcvuk

We’ve issued a press release that explains why the deal is attractive for the shareholders of both Take Two and EA. Now I want to share some perspective on why it would be good for the people who make Take Two’s games and, just as important, the people who play …

Take-Two decided EA’s $2bn offer was "Not in the best interests of its stockholders” and rejected the bid. We believe EA’s unsolicited offer is highly opportunistic and is attempting to take advantage of our upcoming release of Grand Theft Auto IV, one of the most valuable and durable franchises in …

Electronic Arts has made public an offer to acquire rival publisher Take Two for around $2bn, revealing that the two have been in talks to merge, although the GTA publisher has so far spurned EA’s advances. The all cash merger has been proposed by EA CEO John Riccitiello at $26 …

Following on from the news that EA would like to buy Take Two, we’re publishing in full the letter from Electronic Arts CEO John Riccitiello to Take Two exec chairman Strauss Zelnick outlining why the merger would be beneficial to all: February 19, 2008 Mr. Strauss ZelnickExecutive Chairman of the …

Now MCV has received all of the lobbying for this year’s MCV Awards, now’s a perfect time to take a look back at last year’s glamorous bash. Click on the below link to see an exclusive video, featuring interviews with winners Nintendo, Activision, Centresoft and more… Check out 2007’s big …

Nu-Rave has passed us by without a single raised eyebrow, and we clearly cannot pull off that skinny jeans look. Although to be fair, we’re no strangers to the rising popularity of crystal meth. It’s pretty moreish. Another, more sensible trend we can boast decent knowledge of is the games …

Executives at the very top of the Walt Disney Company have targeted gaming as their priority – and are backing its interactive entertainment division with unprecedented vigour, according to UK and Ireland boss Matt Carroll. Disney Interactive Studios enjoyed its best-ever year in 2007, and has now been given free …

As the calendar marches towards March, it’s hard to comprehend where the time has gone. It only seems like yesterday that many of us were making our New Year’s resolutions, nursing the biggest hangover of the year – and vowing to apply for a snazzy new job. If the day-to-day …

When mcvuk.com reported that Sony’s Howard Stringer and Activision’s Bobby Kotick had questioned whether video games could ever be fully sustained by in-game advertising last month, many saw it as a slight on the state of the market. But the fact two globally leading bosses were willing to talk openly …

Capital raising The first priority for Eidos is to fill the working capital hole that has been identified. The company has announced that it has received proposals from potential partners, and analysts have speculated that this might be a corporate investor. SCi will report on the working capital situation, and …