Take-Two Chairman Zelnick Cool On Digital Impact, MLB License

Take-Two Chairman and soon-to-be CEO Strauss Zelnick downplayed the near-term impact of digital content on his company's business, predicting the sector would only make up 25 to 30 percent of revenue "over time." "I still think in five years the packaged goods business will dominate," Zelnick told Reuters at that news organization's Global Media Summit. "It's kind of irrelevant to us -- basically the same gross margin, basically the same risk." The statement comes in ...

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