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Tag: Take-Two
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[NM] Rockstar North Paid No Taxes, Earned Tax Relief
It’s hard to look at Rockstar North and not see dollar signs (or pound signs) around the massive success of Grand Theft Auto V, but this week’s news is sure to set some fires in more than a few bellies as the company’s finances come into more scrutiny.
TaxWatch UK a thinktank that tracks business earnings reported this week that Rockstar North has made an estimated $5 billion in profit over the last six years. Despite this massive amount of profit, the company still determined that it deserved tax relief and claimed £42 million between 2015 and 2017, or 19% of all government credits issued to the industry during that period. And with all of this income, can you guess how much Rockstar North paid in taxes? That’s right, absolutely nothing between 2009 and 2018.
The thinktank noted:
“It is outrageous that the UK taxpayer is being asked to shell out tens of millions of pounds in subsidy to the developers of Grand Theft Auto, when at the time that the game’s developers put in their tax credit application Grand Theft Auto V had already generated several billion dollars in sales and profits. This is a drive-by assault on the British taxpayer and corporate welfare scrounging at its very worst.”
It should also be noted that no one is claiming any illegal activity on the part of Rockstar North. The news of Rockstar’s nonexistent tax bill is likely to come off as especially egregious considering the company recently opened up a literal casino in Grand Theft Auto V where players from certain countries are able to buy virtual chips with real life currency.
(Source: TaxWatch)
In Plain English: Lohan Loses GTA Lawsuit Appeal
Lindsay Lohan has lost her appeal in New York State Court today in a privacy lawsuit against Take Two.
Lohan sued Take Two Interactive in regards to allegations that the company illegally used her likeness in Grand Theft Auto V. In the game, players assist a celebrity by the name of Lacey Jonas escape the paparazzi. Lohan’s lawyers argued that the Jonas character was a likeness of Lohan’s image and personality and thus constituted an invasion of privacy.
The appeals court ruled that the image of Lacey Jonas constituted an “indistinct, satirical representations of the style, look, and persona of a modern, beach-going young woman” and thus were not recognizable as Lohan. In the ruling, it was also noted that a character in a video game would fall under the laws governing using the likeness of a living person for purposes of selling a product, however the character used in Grand Theft Auto V was not close enough to Lohan to constitute a likeness of her.
“Here, the Jonas character simply is not recognizable as plaintiff inasmuch as it merely is a generic artistic depiction of a “twenty something” woman without any particular identifying physical characteristics. The analysis with respect to the Beach Weather and Stop and Frisk illustrations is the same.”
The court did not address the advertising and trade elements of Lohan’s appeal. The court also struck down the appeal of Karen Gravano against Take Two, a similar case to Lohan’s, citing similarly that the game did not appropriate her likeness when creating the character Andrea Bottino.
(Source: NYS Court of Appeals)
Take-Two CEO: If You Don't Like It, Don't Buy It
Take-Two CEO and Chairman Karl Slatoff has something to say to the people who want Grand Theft Auto V removed from store shelves: If you don’t like it, don’t buy it. Speaking at the BMO Capital Markets 2014 Technology & Digital Media Conference, Slatoff responded to the news that Target and Kmart have pulled the shooter from stores in Australia, stating that while the decision has not impacted consumer habits, the company is “deeply disappointed.”
“We have 34 million people who bought Grand Theft Auto, and if these folks had their way, none of those people would be able to buy Grand Theft Auto. And that really just flies in the face of everything that free society is based on. It’s the freedom of expression, and to try to squelch that is a dangerous and slippery slope to go down.”
Target and Kmart of Australia pulled the game after an online petition of over 40,000 signatures called for its removal over heavily criticised claims that the game incentivizes players to commit sexual violence against women. Target has come under fire by critics for perceived hypocrisy, as the company has stated that it will continue selling media including Game of Thrones and Fifty Shades of Grey, both of which contain explicit sexual violence.
(Source: Gamesindustry.biz)
Take-Two CEO: If You Don’t Like It, Don’t Buy It
Take-Two CEO and Chairman Karl Slatoff has something to say to the people who want Grand Theft Auto V removed from store shelves: If you don’t like it, don’t buy it. Speaking at the BMO Capital Markets 2014 Technology & Digital Media Conference, Slatoff responded to the news that Target and Kmart have pulled the shooter from stores in Australia, stating that while the decision has not impacted consumer habits, the company is “deeply disappointed.”
“We have 34 million people who bought Grand Theft Auto, and if these folks had their way, none of those people would be able to buy Grand Theft Auto. And that really just flies in the face of everything that free society is based on. It’s the freedom of expression, and to try to squelch that is a dangerous and slippery slope to go down.”
Target and Kmart of Australia pulled the game after an online petition of over 40,000 signatures called for its removal over heavily criticised claims that the game incentivizes players to commit sexual violence against women. Target has come under fire by critics for perceived hypocrisy, as the company has stated that it will continue selling media including Game of Thrones and Fifty Shades of Grey, both of which contain explicit sexual violence.
(Source: Gamesindustry.biz)
MMO Fallout 