Here is the list of current board members (with Zelnick excluded of course) -
Michael Dornemann - Lead Independent Director
Robert Bowman - Director
J Moses - Director
Michael Sheresky - Director
It's quite ironic to have Michael Dornemann be the Lead Independent Director considering that he is in cahoots with Zelnick media and is an old crony of Slatoff's going back to their BMG days together.
For Zelnick to get his huge bonus he has to meet a predetermined target that is set by the board members who are NOT a part of Zelnick media. Now the fact that Icahn and his two board members jumped ship WAY too early becomes very suspicious indeed.
The term “Target” shall mean budgeted EBITDA of the Company (or other measurement of financial performance reasonably determined by the members of the Board (excluding any member of the Board who is a shareholder, affiliate, member and/or partner of ZelnickMedia), on the one hand, and ZelnickMedia, on the other hand, with respect to an Applicable Fiscal Year), determined within 30 days of the beginning of that Applicable Fiscal Year by mutual agreement of the Company and ZelnickMedia, each acting reasonably and in good faith, and measured without giving effect to any payments under this Agreement.
I'm sure this news didnt help any, but I don't think it was the real reason. Today EA was only down a half percent, while ATVI was actually up almost 1 percent. EA and ATVI are the ones whose sales are supposed to drop 50% while TTWO is expected to drop only 6% in March. It seems incongruous. Then again, unfair seems to be TTWO stock's middle name and it seems to be the way TTTWO always trades.
The GTAV PC or the GTAV for Xbone/PS4 announcement is looming large on the horizon! The word on the street is that GTA PC goes presale on March 12th. The shorts are definitely running scared.
From Joystiq -
Twitch signs three-year deal to be the official E3 streaming partner.
Twitch is moving to establish itself as the place to watch E3, after signing a three-year deal to be the gaming conference's official streaming partner. The deal with the Entertainment Software Association means official conference streams will be broadcast through Twitch, while convention attendees will see Twitch feeds on monitors placed around the hallways - whether anyone will be able to see them above the teeming masses is another matter.
It's been a busy old time of late at Twitch HQ, what with gameplay streaming coming to Xbox One this month, the madness of Twitch Plays Pokemon,
Whether it's April, May or June, I'm thinking that TTWO has to release GTA PC in Q1. Otherwise the quarter will be a loss because they have nothing else slated for release.
I would like to see the lag removed from the online multiplayer. And yeah twochief wwe2k14 currently is a great game, but I feel they gotta keep progressing forward a bunch with each iteration.
Making another new 52 week high made me want to go stand on the balcony of a lush Eastside apartment and stare at the night time skyline and ponder things like "Who am I?"
go F yourself you spammer. get a clue, no one here is going to google your stock site. take your garbage spam posts to the facebook message boards
Exactly spec, the WWE game is a cash cow if they give it the right makeover. TTWO completely owns the wrestling market with this game and they could get NBA2k sales numbers with it.