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Take-Two: We're 'a very attractive investment'

"We have the best IP out there," reckons chief operating officer

Addressing ongoing rumours concerning a buyout of GTA publisher Take-Two, the firm's chief operating officer has said the company represents "a very attractive investment".

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Take-Two COO Karl Slatoff told IndustryGamers: "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.

"I do think we have the best IP out there and we're continuing to invest in it. And that's our strategy," he added, reiterating recent comments he made regarding the company's quality over quantity approach to franchise management, in which he said Take-Two has no intention of beating franchises to death by releasing new Grand Theft Auto or BioShock games on an annual basis.

Slatoff added: "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."

[ SOURCE: IndustryGamers ]

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