Page 107 - Take Two Interactive Software News Today

The Public Investment Fund acquired stock in Activision Blizzard, Electronic Arts, and Take-Two in the fourth quarter

CHICAGO A bizarre consequence of the pandemic is that private equity is flush with money. The Second City is an attractive legacy brand. Social media activists without a clear fiscal

Pat Nabong/Sun-Times file It’s no joke: Chicago’s Second City has been sold for only the second time in its 62-year history. ZMC, a New York firm run by private equity investor Strauss Zelnick, said Thursday it has acquired the iconic comedy club and school, which has expanded into programs for corporations. Terms were not disclosed. The Financial Times has cited sources saying the deal could be worth $50 million. “We are very excited to partner with management and the incredible talent a...

The comedy company has faced intense criticism over race and had committed to restructuring. The new owner, ZMC, said it would not abandon this plan.

Saudi Arabia’s Public Investment Fund (PIF) shifted some of their direct investments in North American stocks before the end of 2020. Among other listed companies, PIF revealed sizeable stakes in Take-Two Interactive Software, Inc., Activision Blizzard, and Electronic Arts Inc. When COVID-19 started to spread fast in 2020, PIF moved quick to acquire stakes in […]

Pat Nabong/Sun-Times Chicago’s Second City comedy business could get a buyer from the Big Apple. New York private equity investor Strauss Zelnick is in advanced talks to buy Second City, the Financial Times reported. Citing two sources, the paper said a deal for about $50 million could close this week. It would be only the second sale in the legendary troupe’s 62-year history. Famous as a springboard to fame for many comics, Second City has had to shut its live shows because of the coronavi...

Source: Donna Lupgens / Shutterstock.com One sector that has gotten hot in the year of the pandemic is gaming. And that makes sense since it’s one of the few things you can do in the comfort of your own home. You can play with friends and family, and you can even play over the internet. But one piece of equipment that many people forget about is the sound, whether it’s a sound card or headsets. HEAR has been building audio hardware since it began in 1975, building and repairing synthesizers...

Take-Two Interactive Software Inc. (NASDAQ:TTWO), founded in 1993, is known for producing famous game titles such as Grand Theft Auto and NBA 2K. Its...

Just a few days after adding Golden Globe winner Jamie Lee Curtis ( Halloween) to the cast, Eli Roth’s  Borderlands continues to expand its roster and set up a reunion between the  House With a Clock in Its Walls filmmaker and Jack Black as the star has signed on to portray the beloved robot companion Claptrap. The film also marks a reunion between  Jumanji stars Black and Kevin Hart. “I am so excited to reunite with Jack, this time in the recording booth,” Roth said in a statement....

2 months ago GAAP net income per diluted share increased 10% to $1.57 GAAP net cash provided by operating activities for the nine-months ended December 31, 2020 increased 79% to $787.7 million Adjusted Unrestricted Operating Cash Flow (Non-GAAP) for the nine-months ended December 31, 2020 increased 56% to $854.3 million Net Bookings were $814.3 million Company again raises outlook for fiscal year 2021, including record Net Bookings NEW YORK–(BUSINESS WIRE)–T...