Jump to content

Fortnite may draw younger consumers to gaming for the long term, says Take-Two CEO - Gaming News - InviteHawk - Your Only Source for Free Torrent Invites

Buy, Sell, Trade or Find Free Torrent Invites for Private Torrent Trackers Such As redacted, blutopia, losslessclub, femdomcult, filelist, Chdbits, Uhdbits, empornium, iptorrents, hdbits, gazellegames, animebytes, privatehd, myspleen, torrentleech, morethantv, bibliotik, alpharatio, blady, passthepopcorn, brokenstones, pornbay, cgpeers, cinemageddon, broadcasthenet, learnbits, torrentseeds, beyondhd, cinemaz, u2.dmhy, Karagarga, PTerclub, Nyaa.si, Polishtracker etc.

Fortnite may draw younger consumers to gaming for the long term, says Take-Two CEO


Ulquiorra
 Share

Recommended Posts

Epic Games' "Fortnite" has taken the world by storm, slashing gaming giant Activision Blizzard's market value by billions and becoming the biggest esport on the planet.

But if you ask Strauss Zelnick, the chairman and CEO of video game developer Take-Two Interactive Software, the free-world, survival-based mega-hit is actually helping the industry.

"There seems to be a good deal of evidence that those who are playing 'Fortnite' are new to the category," Zelnick told CNBC in an interview with "Mad Money" host Jim Cramer.

"It apparently speaks, at least anecdotally, to a younger audience," Zelnick, whose company makes the popular Grand Theft Auto and NBA 2K franchises, said on Monday.

"As they age, they will obviously be consumers of more mature titles, and currently, they can consume titles that are rated for everyone," the CEO added.

"Battle-Royale" style games like "Fortnite" have ignited a debate on Wall Street as to whether established game developers will suffer from their rivalry over the long term.

Some analysts attributed Take-Two's recent fourth-quarter earnings miss to pressure from "Fortnite," which is free to play and accessible from computers and consoles.

But in Zelnick's view, "Fortnite" is simply expanding the consumer pool for companies like his, and several analysts have come to Take-Two's defense on the matter.

"It would be great if we could corner the market on all hits. That's not realistic," Zelnick told Cramer. "The emphasis is on innovation, not derivation."

Link to comment
Share on other sites

The last post in this topic was made more than 14 days ago. Only post in this topic if you have something valuable to add. Irrelevant posts are not allowed and you will be warned/banned for spamming old topics.

Guest
This topic is now closed to further replies.
  • Customer Reviews

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.