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Rockstar games stock
Rockstar games stock











rockstar games stock

"Rockstar has produced and continues to produce critically acclaimmed titles with revolutionary designs. When major changes happen, such as the depature of Dan Houser from Rockstar, we hope that the resulting changes settle in a place that is better for game developers and the projects they work on," Gittins told GameDaily via email. "Our industry, sitting at the cutting edge of technology and design, is always in fluctuation. Today, current IGDA director Renee Gittins hopes that Houser's departure from Rockstar signals a change for the better regarding crunch culture in the industry.

rockstar games stock

No game, no matter how many units it sells or how many awards it wins, is worth the human cost of damaging the lives of its developers." “Sustained overtime has been proven time and again to have severe detrimental impacts on a person's mental, physical, emotional, and financial health. "When we normalize, or-even worse-brag about, 100-hour workweeks, we harm our fellow game developers,” former IGDA executive director Jen MacLean told GameDaily in October 2018. The International Game Developers Association (IGDA) has been very vocal in recent years about combating crunch culture in game development.

rockstar games stock

“It’s far more likely he’s burned out or has made a decision to spend more time with his family.” “I don’t know why he’s leaving, but I doubt it has anything to do with the culture,” he said.

rockstar games stock

And while no reason for the move has been given, many are speculating that it might revolve around public outcry against Rockstar’s noted culture of crunch, for which he was a catalyst. The timing of Houser’s departure is very curious the announcement came just two days before Take-Two’s earnings call, and was done in a SEC filing rather than via an official blog or social media posting. The ensuing lawsuit-concerned with allegations of withholding profits-lasted for nearly three years, and eventually came to a confidential settlement in February of last year. In 2016, it was announced that Benzies had left Rockstar, a development which came amidst a very public dispute with the Houser brothers. “I think I was probably on the right track back in 2007, but Take-Two signed the Housers and Les Benzies to a lucrative contract in 2009 which has been periodically renewed, so I no longer think they will split away,” Pachter told GameDaily via email. However, Take-Two offered Houser, his brother Sam, and former Rockstar North president Leslie Benzies advantageous contracts in that year, putting an end to the rumors. Among them was Michael Pachter, managing director of equity research at Wedbush Securities, who predicted that such a split would happen in 2009. Dan Houser (Source: Sky News)įor some time back in the 2000s, some analysts were expecting Rockstar to go independent and split entirely from Take-Two. That said, market analysts are not anticipating any long-term negative impact on Take-Two, although Seeking Alpha is hesitant to declare one way or the other, citing Rockstar’s historical secrecy regarding its upcoming projects. Compounding the worries is the fact that the developer currently has not announced a new game for the upcoming fiscal year. Market reaction to Houser’s upcoming departure has been immediate at the time of publication, share prices of Take-Two Interactive-of which Rockstar is a subsidiary-had fallen just over 5.3%and were continuing to drop. Rockstar Games has built some of the most critically acclaimed and commercially successful game worlds, a global community of passionate fans and an incredibly talented team, which remains focused on current and future projects.” We are extremely grateful for his contributions. Dan Houser’s last day will be March 11, 2020. “After an extended break beginning in the spring of 2019, Dan Houser, Vice President, Creative at Rockstar Games, will be leaving the company. He will remain with the company until March 11. No reason for the leave and eventual departure has been given. According to the filing, Houser took an extended leave from his duties at Rockstar beginning in the spring of 2019. Securities and Exchange Commission, which are typically used to notify shareholders about changes within the company that might impact them. The announcement came yesterday via a form 8-K filing with the U.S. Take-Two shares have been declining all day.ĭan Houser, co-founder and vice president of creative at Rockstar, is leaving the company after more than 20 years. Houser co-founded Rockstar in 1998, and has been the lead writer on the Grand Theft Auto and Red Dead Redemption series.













Rockstar games stock