Is Take-Two Interactive Having a "Fortnite" Crisis?

Competition in the video game industry has never been fiercer, and companies like Take-Two Interactive Software (NASDAQ: TTWO)have to work hard to keep up with the pace of innovation. Even with key franchises like Grand Theft Autoand Red Dead Redemption, Take-Two's status among the leaders of the video game industrywill only last as long as its customers are happier with its games than with those of its competitors.

The recent popularity of the Epic Games release Fortnite shows just how fragile a competitive advantage can be in this industry.