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GTA4 sales drops and may spark the merger with EA to happen!!

Final Blade | September 13, 2008 | News | PC Playstation 3

Well we all know about EA trying to merge with T2 before the release of GTA4 to get some of the goods with that game. But T2 has repeatedly prolonged the merger stating the offers they gave them several times isn't enough money. But now that GTA4 sales continue to dwindle down and fall, including the standings, maybe T2 might have to rethink about that offer. But that won't be good for long time GTA fans.

Did T2 do the right thing and prolonged the merger, or did they play exactly into EA hands? Only time will tell.

But new U.S. video game sales data from NPD Data may make it tougher for Take- Two to make that argument much longer.

GTA IV, the company's flagship game, was the 46th best-selling game in August, according to new NPD rankings. That's down from 45th place in July. The slowing sales have also brought fresh concerns that at about 8.5 million sold to date, Take-Two's powerhouse GTA IV may have a tough time meeting sales expectations.

"As a must-have game, we expect GTA IV sales to continue at an energetic pace, " a Take-Two spokeswoman said. An Electronic Arts spokesman had no comment for this story.

Electronic Arts had bid $25.74 a share for Take-Two in April, but let the bid expire amid waning interest from shareholders. Both sides continue to talk about a deal, however.

News Story attached to:

Grand Theft Auto IV [PC, XBOX360, PS3]

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Comments

2 thumbs!
BlackLabel | September 13, 2008

To be honest before GTA IV i saw this as a good move aslong as EA didn't change GTA, but now GTA has changed and pretty much changed my perception of GTA on the whole (i think it is terrible by the way) i don't see how EA could ruin it any more.
1 thumbs!
Shadow net583x s | September 13, 2008

Maybe EA would put some of the fun back in. Otherwise, they can't do any damage at all.
- 1 thumbs!
  BlackLabel | September 13, 2008
  
  Maybe they will cancel the franchise like it probably should have been after the masterpiece that was San Andreas.
  - 0 thumbs!
    Shadow net583x s | September 13, 2008
    
    We all have Saints Row 2, so GTA getting nixed would probably be a blessing, since more people would be buying the good game (SR2)
0 thumbs!
Silver Mirror | September 13, 2008

Does it really matter what the sales are now? It's been out for months and has sold millions. Take 2 can easily survive on the profits they earned surely. I mean they sold what 14 million? And yet to come to PC too?
0 thumbs!
Fatal Error | September 13, 2008

Am I the only one that doesn't understand exactly what the title is saying? Could we please get an edit on that?
1 thumbs!
redneonfish | September 13, 2008

The sale of GTA are doing "badly" therefore, they need some financial aid, that's where EA comes in. I think that's what the title says.
- 0 thumbs!
  Final Blade | September 14, 2008
  
  _{Thats exactly what it means. The fact is, GTA sales has been, currently, a disappointment and not meeting the expectations of what Rockstar and T2 envisioned. Thus not getting the amount of money they believe, and may end up having to agree with the terms of agreement with EA.}
  - 0 thumbs!
    Fatal Error | September 15, 2008
    
    I know what the article means, it's the title that sucks.
0 thumbs!
GTA_Fanatic | September 13, 2008

Maybe this won't be a bad thing. I mean EA makes Burnout and look at how awesome it is.
- 0 thumbs!
  Subtle Demise | September 14, 2008
  
  EA doesn't make anything. They, like all publishers, take ownership of and profit from the developers' work, and EA are the worst ones for it, too.
1 thumbs!
iLLmatic | September 14, 2008

GTA IV has the record for most sales and income for a debut. The game currently has sold 10+ million units on approximately 35 million owned consoles. I am not following the relevance of "dwindling" sales of a 5 month old game and I do not understand the logic of anyone here saying the sales are bad.

Aside from that, everyone aaaalways accompanies this topic with GTA and only GTA. It's about Take Two, not GTA. If Take Two is bought by EA, 2K Sports will not exist. I know most of you here probably don't even care, but I do, and that is not something I want to see happen. There is a reason why monopolies are not allowed.
- 0 thumbs!
  Final Blade | September 15, 2008
  
  _{2k sports or the hockey games sucks as it is. I couldn't care about 2k sports in the least. I end up getting EA games.
  
  The fact is if you failed to read my post earlier, T2 has been thoroughly disappointed with the sales for a couple of months now and its not being a huge success as they hoped for. Could be for many reasons, this will end up hurting fans of T2, and possible GTA in the future.}
  - 0 thumbs!
    Shadow net583x s | September 15, 2008
    
    GTA can't be more hurt in the future than it already is. Hopefully if anything the declining sales will push the developers to bring things back to the way they were in SA.
1 thumbs!
Newcloud | September 14, 2008

maybe sales will spike when the DLC for the 360 comes out?