Page 280 - Take Two Interactive News Today

Share: The near unanimous vote demonstrated the strong level of support from all parties for single-event sports wagering in Canada. GameOn provides legalized sportsbooks with gaming software solutions, including patent-pending first-screen technology that lets fans make bets with remote controls. GameOn recently announced advisors with deep sports betting experience: J Moses, a respected game industry veteran who also served as an advisor for the sports wagering platform Bet.Works (recently ac...

Saudi Arabia has a government investment fund that, according to the Al Jazeera, acquired US $ 3,3 billion (R $ 17,82 billion, in direct conversion) in three first-rate companies (“AAA” or “triple A”, as the industry jargon says): Activision Blizzard, Electronic Arts (EA) and Take-Two Interactive. The acquisition was conducted over the last quarter of 2020. The world market for games he has been highly respected for years by Crown Prince Mohammed bin Salman, the son of Saudi King Salma...

This has been a helluva week for Second City news. On Wednesday, Financial Times first published reports of an imminent sale of the comedy behemoth to private equity firm ZMC, owned by Strauss Zelnick. Zelnick is the CEO of Take-Two Interactive Software, home of the Grand Theft Auto game franchise. On Thursday, those rumors were confirmed by ZMC; they declined to name the purchase price, but FT said that "the company was expected to fetch about $50 [million]."  Coincidentally, Wednesday was...

Codemasters is officially owned by EA now that the deal is set in stone.

Saudi investors pile $3 billion into major game publishers The fund is chaired by Saudi Crown Prince Mohammad bin Salman, a self-confessed games fan BlizzConline. Credit: Blizzard Entertainment The Saudi Public Investment Fund (PIF) has reportedly purchased over $3billion (£2.1billion) worth of stocks in an array of major video game publishers. In a report by Al Jazeera, the SEC filings of the PIF detail an investment in Activision Blizzard, Take-Two Interactive, and Electronic Arts over the ...

The Second City comedy brand is in final talks to be acquired by Strauss Zelnick's private equity firm.

Second City Sells to Private Equity Company ZMC Brent Lang, provided by FacebookTwitterEmail Variety first broke the news in October that the Second City was on the block. Zelnick is the chairman and CEO of Take-Two Interactive, the video game giant behind “Grand Theft Auto” and “Red Dead Redemption,” and is the former chairman of CBS Corporation. In Second City, ZMC gets an institution, one that provided an early lift to the careers of John Belushi, Gilda Radner, Bill Murray, Tina Fey...

Saudi Arabia has utilised its Public Investment Fund to invest over $US3.3 ($4) billion in Electronic Arts, Take-Two Interactive, and Activision

Private equity firm acquired the Chicago-based sketch and improv troupe that launched countless careers

Codemasters Officially Joins the EA Family of Developers Welcome to the Family, Codemasters! The story of EA’s acquisition of racing game developer, Codemasters has finally come to an end. Months after EA’s initial bid on the company, Codemasters has officially joined the EA family as of today. Codemasters now serves in under Codex Games Limited, a subsidiary of Electronic Arts following the delivery of a Court Order to the Registrar of Companies of England and Wales. Earlier this month we...