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EA CFO Resigns [March 24, 2008, 4:51 pm ET] - Viewing Comments

Electronic Arts CFO Warren Jenson Resigns reports on the departure of the chief financial officer over at EA. Normally we wouldn't really give a hill of beans about the comings and goings of a bean-counter (no offense intended to anyone who tallies legumes for a living), but amid all the talk of EA taking over Take-Two (story), commentary from UBS analyst Ben Schachter discusses what he calls the move's "questionable timing" and a post on Dubious Quality (thanks nin) calls the numbers behind plans to acquire Take-Two into question, saying "If I was CFO, I would have resigned, too."

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8.	Re: Rumor	Mar 25, 12:05	Dagok
	What a bunch of idiots over at the GTAForums.com http://ps3.qj.net/Fake-out-EA-buying-GTA-forum-was-April-Fools-joke-by-mods/pg/49/aid/116676 The whole EA buying out their forum was apparently an "April Fools Joke". It's not for another week you morons! ---------------------------------------------------- Burnout Paradise, Bioshock, Ratchet & Clank ToD Join the "Blues News" Steam Community Group. http://steamcommunity.com/groups/bluesnews/


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7.	Re: Rumor	Mar 24, 18:57	Dagok
	I'd put money down, and lots of it, that 2K Sports was the sole reason for this purchase. Rockstar is just gravy. I can't remember where, but I had read an article last week regarding this and the comments were from a third party financial analyst. Without Rockband, EA's numbers for 2007 would have been absolute shit. As it was, EA was still down a significant amount compared to previous years, even with the success of RockBand. They stated the main motivation here is for EA to obtain a multi-billion dollar franchise (GTA) so they can at least get partial earnings from that franchise in 2008. I'd be surprised if they view Take Two's sports division as much of a threat to their own. But would be a huge bonus if they could shut them down in the process. ---------------------------------------------------- Burnout Paradise, Bioshock, Ratchet & Clank ToD Join the "Blues News" Steam Community Group. http://steamcommunity.com/groups/bluesnews/


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6.	Re: Rumor	Mar 24, 17:43	The Half Elf
	I don't think so. With EA already having NFL rights till 2012, I don't see them benefiting from any more sports titles except Activision's Tony Hawk Series, or Whoever does the soccer games. I could easily see Firaxis and Irrational's team both jumping ship and starting up new companys. So if you take all of those out all you have left worth anything is Rockstar and GTA franchise. And didn't EA produce the Scarface game which was a GTA clone? Honestly I hope that the Take Two share holders wait until the games launch before deciding to take EA up on it's offer, but it's looking grim at the moment.


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5.	Re: Rumor	Mar 24, 17:33	PHJF
	I'd put money down, and lots of it, that 2K Sports was the sole reason for this purchase. Rockstar is just gravy. ------ "That don't sound like no golden marmoset I ever heard!"


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4.	Re: Rumor	Mar 24, 17:03	dsmart
	The DubiousQuality post has it spot on. As I said before, EA buys Take2, they're going to gut it. One of the reasons why EA buying Take2 is such a bad deal for us gamers.


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3.	Rumor	Mar 24, 16:33	Dagok
	I sent this in this morning, but hasn't been posted and it's related to this, so I'll just drop it in here... http://whatifgaming.com/eye-of-ea-on-gtaforums The buzz is that the largest GTA fan forum central was bought by EA on 3/22/08 for approximately $3.4 million dollars. GTAforums.com While categorized as "rumor", I think it's safe to say that it's no longer rumor seeing as EA has already added their branding to the website. ---------------------------------------------------- Burnout Paradise, Bioshock, Ratchet & Clank ToD Join the "Blues News" Steam Community Group. http://steamcommunity.com/groups/bluesnews/


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2.	Re: Bean Counter	Mar 24, 16:28	Bullet
	@Marvin You said it brother!


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1.	Bean Counter	Mar 24, 15:56	Marvin T. Martian
	No big loss!!!!! Bean counters and suits are the reason why PC games have taken such a hit and they have become little more than substandard ported CRAP!!! Hang them all by their privates!!


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