Take-Two: Retail Stores Will Be Here For AwhileS

While download games are certainly becoming more popular, Take-Two CEO Ben Feder doesn't think packaged games are going anywhere anytime soon.

"I think reports on the death of package goods have been greatly exaggerated," Feder told a gathering of analysts in New York earlier today. "Downloadable content is interesting and will continue to be interesting, not because it's eclipsing retail but because of the instant feedback.

"You can learn as you go along" from customers.

Feder said that while he thinks that downloadable content will continue to increase, it won't be at the expense of retail goods or retail stores.

"I'm bullish on downloadable content but not necessarily at the experense of retail stores and packaged goods," he said. "I think package goods are here with us for a long time. I am pretty confident we will be seeing package goods and stores for a long time."