Electronic Arts would be wise to buy 2K Sports, or so says industry analyst Michael Pachter for Wedbush Morgan Securities. The suggestion came amid the move from Wedbush downgrading Take-Two Interactive's stock from hold to sell Friday. Take-Two Interactive owns 2K Sports as a subsiderary. It is clear to us that Take-Two's sports business would have tremendous value to EA, as it would give EA a monopoly on football, basketball, baseball, and hockey, Pachter said. His analysis concluded that EA might purchase 2K Sports for as much as $200 million dollars, but he noted, It is arguable that EA would benefit by as much as $1 billion if it were to obtain an exclusive; this does not mean that it is willing to pay $1 billion.
If you fancy yourself as a baller at NBA Live 07 for the original Xbox, you might be the gamer Electronic Arts is looking with their upcoming multi-city gaming tournament. The first annual EA Sports NBA Live Challenge takes place across eight cities, culminating in a championship battle in Las Vegas, with the winner's purse weighing in at $50,000. The contest begins this weekend in the Jersey Garden City Mall (10/13) before moving to: King of Prussia Mall, King of Prussia, PA (10/20) Concord Mills Mall, Concord, NC (10/27) Galleria Mall, Houston, TX (11/3) Hollywood & Highlands, West Hollywood, LA (11/17) Great Lakes Crossing, Auburn Hills, MI (12/1) Target Center, Minneapolis, MN (12/6) Navy Pier, Chicago, IL (12/8)
GamesRadar is the premiere source for everything that matters in the world of video games. Casual or core, console or handheld - whatever systems you own or whatever genres you love, GamesRadar is there to filter out what's worth your time and to help you get even more from your games. We deliver the best advice, the most in-depth features, expert reviews, and the essential guides for all the top games.
