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Dan Houser leaving Rockstar wipes $800m of Take-Two's stock value

Published: 12:00, 06 February 2020
Rockstar Games
On horseback into the sunset
Red Dead Redemption 2

Dan Houser's decision to leave Rockstar has come as quite the shock to the fans, but they're far from being the only ones affected. As you can see, Take-Two Interactive has taken a substantial hit in terms of stock value.

As reported by Games Industry, Take-Two's share price dipped by 6 per cent in a day, which amounts to approximately $800 million. More precisely, their share price went from $127.44 on Tuesday to $119.81 on Wednesday. 

Rockstar Games is a subsidiary of Take-Two and its importance to the publisher is undeniable. And the same goes for Houser and Rockstar, whose move comes after two decades in the studio. 

You'd be forgiven for not immediately recognising the name as he traditionally shunned spotlight, despite being the co-founder of Rockstar Games and having his hands in just about all the titles the studio blessed us with these years. 

We happen to be intimately familiar with Rockstar's titles, having thoroughly enjoyed the first Grand Theft Auto title. Looking back, we'd still never have guessed it will grow into one of the biggest entertainment franchises ever, not just in gaming. 

While there's no doubt that each GTA brought with it a whole lotta hype and critical acclaim, GTA V took it to a whole new level in terms of finances.

Even today, more than six games after its release, the game continues to sell boxed copies like crazy, despite most of the market going digital - that's saying something.

Red Dead Redemption 2's success cannot be understated either, with its opening weekend alone netting Rockstar $725 million .  The two combined  really made Take-Two's stock skyrocket. 

As for Houser, back in 2018 he mentioned that he's glad Rockstar isn't launching GTA 6 instead of RDR2, as the climate is much more strict when it comes to political correctness. His love for games is undeniable, and you can check out the interview highlights here

Red Dead Redemption 2 - Gameplay footage reveal gallery

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A man with an axe running through a forest in SCUM
Rockstar Games have released the first gameplay video of Red Dead Redemption 2 that featured a narrator explaining the differences between the first game and the highly anticipated sequel. You can see the entire gameplay video here.
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