When you want the very latest on old guys, money and old guys' money, you turn to The Wall Street Journal. When you want news about video games, you could probably do better, as evidenced by this quote from a Dow Jones Newswire piece the publication ran today about that THQ takeover speculation:
"Take-Two has a number of strong franchises and a number of wholly owned Internet Protocols. Wholly owned IPs not only carry higher profitability, but also are more valuable to media companies because they could be adapted into movies, TV serials and online destinations."
We'd make a joke here, but there's literally nothing we could say that would be funnier than that quote.
[Thanks Leigh!]
Reader Comments (115)
Posted: Sep 23rd 2009 2:40PM (Unverified) said
How many Internet Protocols does it take to fill a tube?
Posted: Sep 23rd 2009 2:41PM (Unverified) said
Take-Two could just be using a proxy. That way they could disguise their IP as different IPs. I'm not sure if the WSJ looked into this. Perhaps Take-Two even voted multiple times for Bub and Bob behind their proxy.
If this is the case, I wouldn't say take two has multiple IPs, but hides their one IP through a unique system that can generate a mask for various other IPs. WSJ should look into this.
If this is the case, I wouldn't say take two has multiple IPs, but hides their one IP through a unique system that can generate a mask for various other IPs. WSJ should look into this.
Posted: Sep 23rd 2009 2:59PM Eryu said
Technically, although the Wall Street Journal clearly got this wrong, the non-specific way in which gaming blogs use "IPs" to mean trademarked characters or franchises or copyrights (which is what the character, plot and other literary devices fall under) is also technically wrong. It would be like saying, "after work I am returning to my property in my property," when one means, "after work I am returning to my house in my car." It's overly broad and confusing for those with any knowledge of specific IP terminology which includes: patents, copyright, trademark, plant variety protection, circuit design topography, etc.
As a person professionally employed in the intellectual property field I am always a bit perplexed that IPs has come to signify this particular part of a game company's portfolio. I was willing to live with the error given that this is not a technical blog, but its a bit ironic that you would call the WSJ out on something where your terminology is already inadequate.
As a person professionally employed in the intellectual property field I am always a bit perplexed that IPs has come to signify this particular part of a game company's portfolio. I was willing to live with the error given that this is not a technical blog, but its a bit ironic that you would call the WSJ out on something where your terminology is already inadequate.
Posted: Sep 23rd 2009 6:47PM RageOverdose said
It seems that you are claiming that using just the general term "IP" is unsatisfactory, but only to you, since I've never heard of anyone else complaining. A general term is not a problem if it is, in technicality, correct and the entire reader-base seems to understand it.
I don't appreciate the irony like you do. Besides, their choice to be "slightly" less specific (which is actually not a bad thing for a journalist to do, mind you, to prevent readers from being confused with terminology) is not really ironic because they aren't wrong, but WSJ is completely.
And really, as far as I've noticed, they only refer to copyrights as "IP's," but refer to patents and trademarks as they should be. Or maybe a small mixture of trademarks and copyrights are placed under "IP." Nevertheless, a journalist should not be too specific to start confusing the audience with terminology. This is 101 stuff. AKA, just because a professional in a field, who is probably a minority of readers, has qualms with their writing in relation to that professional's doesn't make it wrong, because not everyone is a professional and there is a common understanding of the term "IP" among the reader-base.
Reply
I don't appreciate the irony like you do. Besides, their choice to be "slightly" less specific (which is actually not a bad thing for a journalist to do, mind you, to prevent readers from being confused with terminology) is not really ironic because they aren't wrong, but WSJ is completely.
And really, as far as I've noticed, they only refer to copyrights as "IP's," but refer to patents and trademarks as they should be. Or maybe a small mixture of trademarks and copyrights are placed under "IP." Nevertheless, a journalist should not be too specific to start confusing the audience with terminology. This is 101 stuff. AKA, just because a professional in a field, who is probably a minority of readers, has qualms with their writing in relation to that professional's doesn't make it wrong, because not everyone is a professional and there is a common understanding of the term "IP" among the reader-base.
Posted: Sep 23rd 2009 9:44PM Eryu said
It's not technically wrong, but it's not common usage. No one from RIAA or MPA says, "our IPs are being violated." N-o-o-n-e. I've been in the IP field for over 6 years and no one uses it to say, "Square Enix has many IPs which they can tap into," other than these blogs. I only point this out because the improper/non-customary usage of the term IP is what could have led to the confusion on behalf of the WSJ.
Which is not to excuse them from not having done their homework either! Internet Protocols have nothing to do with their story and they should be ashamed for not digging a little deeper. I agree with the titular notion that the WSJ isn't the source for video gaming news, but their mistake was likely the result of someone slinging around IP like it meant something specific, which, as I previously pointed out, it does not. So, I suppose the irony is that in pointing out the total error of the WSJ usage Joystiq unintentionally highlighted its own shallow knowledge of the subject. If you think its simple google WTO TRIPS Agreement, and look through the international standards governing IP and you'll see a lot more than Super Mario and Master Chief.
Reply
Which is not to excuse them from not having done their homework either! Internet Protocols have nothing to do with their story and they should be ashamed for not digging a little deeper. I agree with the titular notion that the WSJ isn't the source for video gaming news, but their mistake was likely the result of someone slinging around IP like it meant something specific, which, as I previously pointed out, it does not. So, I suppose the irony is that in pointing out the total error of the WSJ usage Joystiq unintentionally highlighted its own shallow knowledge of the subject. If you think its simple google WTO TRIPS Agreement, and look through the international standards governing IP and you'll see a lot more than Super Mario and Master Chief.
Posted: Sep 23rd 2009 3:06PM (Unverified) said
Heee heee.
Now is the right time to seek bids for my I.P. "Freely" in WSJ.
Hahahahahhha
Now is the right time to seek bids for my I.P. "Freely" in WSJ.
Hahahahahhha
Posted: Sep 23rd 2009 3:19PM ChomskyKnows said
"The internet is a series of tubes"
- Former Senator Ted Stevens, (R - Alaska)
http://en.wikipedia.org/wiki/Series_of_tubes
- Former Senator Ted Stevens, (R - Alaska)
http://en.wikipedia.org/wiki/Series_of_tubes
Posted: Sep 23rd 2009 3:45PM (Unverified) said
This is precisely why acronyms are terrible things. Just type out the words. It saves any confusion or embarrassment.
Posted: Sep 23rd 2009 4:15PM arrrgh said
Take Two needs to stop hoggin up all the protocols. The internets need them :|
Posted: Sep 23rd 2009 5:05PM JoshMilewski said
lol News Corp.
Posted: Sep 23rd 2009 6:33PM (Unverified) said
Did you ever think that maybe the WSJ knows more than some silly little blog? Maybe Take-Two owns multiple full Internet Protocols that we just don't know about.
Posted: Sep 23rd 2009 7:31PM KinseySS said
WOW you'd think they know what an 'Intellectual Property' is especially when it covers "ALL" types of copyrighted material!
Posted: Sep 23rd 2009 9:43PM Eryu said
It's not technically wrong, but it's not common usage. No one from RIAA or MPA says, "our IPs are being violated." N-o-o-n-e. I've been in the IP field for over 6 years and no one uses it to say, "Square Enix has many IPs which they can tap into," other than these blogs. I only point this out because the improper/non-customary usage of the term IP is what could have led to the confusion on behalf of the WSJ.
Which is not to excuse them from not having done their homework either! Internet Protocols have nothing to do with their story and they should be ashamed for not digging a little deeper. I agree with the titular notion that the WSJ isn't the source for video gaming news, but their mistake was likely the result of someone slinging around IP like it meant something specific, which, as I previously pointed out, it does not. So, I suppose the irony is that in pointing out the total error of the WSJ usage Joystiq unintentionally highlighted its own shallow knowledge of the subject. If you think its simple google WTO TRIPS Agreement, and look through the international standards governing IP and you'll see a lot more than Super Mario and Master Chief.
Which is not to excuse them from not having done their homework either! Internet Protocols have nothing to do with their story and they should be ashamed for not digging a little deeper. I agree with the titular notion that the WSJ isn't the source for video gaming news, but their mistake was likely the result of someone slinging around IP like it meant something specific, which, as I previously pointed out, it does not. So, I suppose the irony is that in pointing out the total error of the WSJ usage Joystiq unintentionally highlighted its own shallow knowledge of the subject. If you think its simple google WTO TRIPS Agreement, and look through the international standards governing IP and you'll see a lot more than Super Mario and Master Chief.
Posted: Sep 23rd 2009 10:30PM (Unverified) said
As someone who has worked as a journalist, I can see that this is clearly a case of poor copy editor syndrome. The writer no doubt entered IP in the article and didn't spell it out. Some hapless copy editor (the bad ones are famous for adding more errors than they correct!) looked up the abbreviation and came up with the wrong answer. End of story.
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