Take-Two's Zelnick Passes on Newspaper Purchase
Take-Two's Zelnick Passes on Newspaper Purchase
May 29, 2009
Take-Two Interactive Chairman Strauss Zelnick seems like a pretty smart guy, so we were surprised to learn that he was actually considering buying a newspaper. In the end, he wised up, however.
Reuters reports that Zelnick decided to pass on acquiring the Austin American-Statesman. The Texas paper had a daily circulation of 152,691 as of March.
Zelnick's private equity firm ZelnickMedia Corp. never made a formal bid and decided to pull out of negotiations as the sorry state of the newspaper business continued to worsen.
A PUBLICATION OF THE ECA
SUBSCRIBE
LOGIN / REGISTER
Crispy Gamer
GamePolitics ShoutBox
Posted 03/20/10 at 10:32pm
Aliasalpha: Ding dong the witch is dead eh? Maybe we'll finally be treated as adults here and women can have small tits again!
Aliasalpha: Ding dong the witch is dead eh? Maybe we'll finally be treated as adults here and women can have small tits again!
Posted 03/20/10 at 10:28pm
JDKJ: Survey says no opinion either way. But approval is high among wombats.
JDKJ: Survey says no opinion either way. But approval is high among wombats.
Posted 03/20/10 at 10:25pm
BearDogg-X: JDKJ: What does the wallabies and crocodiles think of Skippy?
BearDogg-X: JDKJ: What does the wallabies and crocodiles think of Skippy?
Posted 03/20/10 at 10:24pm
Andrew Eisen: Beardogg-X - Not staunchly, no. However, only one AG has gone on record as supporting an R18+ rating. The rest either stated no position or declined to comment.
Andrew Eisen: Beardogg-X - Not staunchly, no. However, only one AG has gone on record as supporting an R18+ rating. The rest either stated no position or declined to comment.
Posted 03/20/10 at 10:23pm
JDKJ: Of 437 koala bears surveyed, 420 disagree with choice of Skippy for interim AG.
JDKJ: Of 437 koala bears surveyed, 420 disagree with choice of Skippy for interim AG.
Posted 03/20/10 at 10:21pm
BearDogg-X: With Atkinson stepping down, the question now becomes was there any other AG besides him that was against R18+? His stepping down does make R18+ more likely to be approved.
BearDogg-X: With Atkinson stepping down, the question now becomes was there any other AG besides him that was against R18+? His stepping down does make R18+ more likely to be approved.
Posted 03/20/10 at 10:18pm
Andrew Eisen: Well, Adelaide readers seem pleased with Atkinson's decision. 420 out of 437.
Andrew Eisen: Well, Adelaide readers seem pleased with Atkinson's decision. 420 out of 437.
Posted 03/20/10 at 10:15pm
JDKJ: BREAKING: Vacant Aussie AG post to be filled by Skippy, the Bush Kangaroo.
JDKJ: BREAKING: Vacant Aussie AG post to be filled by Skippy, the Bush Kangaroo.
Posted 03/20/10 at 10:12pm
Andrew Eisen: Flamespeak - Gamecube and Xbox came out in late 2001 with contollers pretty similar to the Dual Shock. You never know thoug. This Fall may be when the standard controller changes from the Dual Shock to a motion wand. *shudder*
Andrew Eisen: Flamespeak - Gamecube and Xbox came out in late 2001 with contollers pretty similar to the Dual Shock. You never know thoug. This Fall may be when the standard controller changes from the Dual Shock to a motion wand. *shudder*
Posted 03/20/10 at 10:09pm
Flamespeak: at a quicker rate these days.
Flamespeak: at a quicker rate these days.
Posted 03/20/10 at 10:09pm
Flamespeak: I believe that was launched in the first part of 1998. 2 years seems kind of fast too, but then again the world seems to move
Flamespeak: I believe that was launched in the first part of 1998. 2 years seems kind of fast too, but then again the world seems to move
Posted 03/20/10 at 10:05pm
Andrew Eisen: Flamespeak - Not when you consider Sony's been using the same controller since the PS1.
Andrew Eisen: Flamespeak - Not when you consider Sony's been using the same controller since the PS1.
Posted 03/20/10 at 10:03pm
BearDogg-X: Andrew Eisen: I meant that it won't take as many people to change their votes next election. Besides that, it's become a moot point now that he's stepping down as AG as soon as the election's over.
BearDogg-X: Andrew Eisen: I meant that it won't take as many people to change their votes next election. Besides that, it's become a moot point now that he's stepping down as AG as soon as the election's over.
Posted 03/20/10 at 10:02pm
Flamespeak: Seems kind of early considering the PS2 didn't launch until well into 2000.
Flamespeak: Seems kind of early considering the PS2 didn't launch until well into 2000.
Posted 03/20/10 at 10:01pm
Andrew Eisen: Fleamespeak - I'd say since around the turn of the century.
Andrew Eisen: Fleamespeak - I'd say since around the turn of the century.
Posted 03/20/10 at 10:01pm
BearDogg-X: BREAKING NEWS: Atkinson will step down as South Australia Attorney-General; will remain in Parliament
BearDogg-X: BREAKING NEWS: Atkinson will step down as South Australia Attorney-General; will remain in Parliament
Posted 03/20/10 at 09:59pm
Andrew Eisen: BearDogg-X - Not sure what your point about Atkinson having only 8500 votes is, seeing as that's around 65% (of the total votes counted at the time).
Andrew Eisen: BearDogg-X - Not sure what your point about Atkinson having only 8500 votes is, seeing as that's around 65% (of the total votes counted at the time).
Posted 03/20/10 at 09:57pm
Flamespeak: I remember when the NES controller held that honor and the stand alone one button joystick before that.
Flamespeak: I remember when the NES controller held that honor and the stand alone one button joystick before that.
Posted 03/20/10 at 09:56pm
Flamespeak: artistic rendering of things associated with gaming? Even GP has a rough version of one in their logo.
Flamespeak: artistic rendering of things associated with gaming? Even GP has a rough version of one in their logo.
Posted 03/20/10 at 09:56pm
Flamespeak: Just out of curiosity, when did the PS2 controller become the 'standard' for video game controller representation in most
Flamespeak: Just out of curiosity, when did the PS2 controller become the 'standard' for video game controller representation in most
Copyright © 2007 ECA. All rights reserved.
Game Politics and Game Politics logo are trademarks of the ECA.
Game Politics and Game Politics logo are trademarks of the ECA.
Comments
He's an intelligent man who made a sound business decision. Good for you Strauss.
Imagine being the only paper on the continent that couldn't write stories about how GTA turns kids into cop killers. That's your entire technology section gone.
---
The Mammon Philosophy
You don't invest in a failing company, I wish the people running "obamanomics" knows that.
"We invest in a sick and dying horse and we didin't win! Why did this happen?"
Then
"Hey guys, I gotta tell you that we lost a bunch of money when we bet on that horse so we gotta charge you 10-25% on everything you buy to make up that money even though it's primarly my fault."
Define "failing company". Is it one facing chapter 7 bankruptcy? One facing chapter 11 bankruptcy? One asking congress for help? One that's in need of a management change?
-Gray17
Does it really matter? If their filing bankruptcy obviously something is wrong with the company. Chapter 7 is management but those companie's got there in the first place through their own failing. Take for example Midway whom spent so much money on original IP that sucked, same with Ford and GM. It should be "You shoulden't have relied on your trucks and SUV's too bad so sad, you should have diversified." or, "You shoulden't have given out loans to people you know they can't pay back, you failed sorry." The concept of bailing out a company is insane because they failed in some way shape or form, they should be replaced by a company that doesn't fail. Don't keep those who fail at their job and get people who can keep their jobs.
The primary definition of capitalism, right there. The problem is that liberals are trying to spread a message that if people do something wrong, it's always someone elses fault. Therefore, nobody needs to be held responsible for their actions.
Also, just an FYI; it's GM and Chrysler that were bailed out. It's looking like Ford will be able to weather the storm without taxpayer's money.
Freedom of speech means the freedom to say ANYTHING, so long as it is the truth. This does not exclude anything that might hurt someone's feelings.
same with Ford and GM
And yet oddly enough, Ford hasn't gotten a bailout, and isn't staring bankruptcy down the throat. Hence my asking what you're definition of what a failing company is.
-Gray17
In before Thompson gloats that Straus doesn't know what he's doing.