Game industry business news

‘Major Rockstar sequel for 2009

As part of its financials investor call last night, Take-Two has revealed that Rockstar is working on a ‘major’ sequel. According to Gamasutra: ‘Asked where Rockstar might be headed now that production of Grand Theft Auto IV was winding down, company execs said that in addition to the Xbox 360 …

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Take Twos Q1 earnings call in full

The full transcript of Take Two’s earnings call – which came in the wake of the firm’s fiscal posting last night – is available now. Company bosses, including chairman Strauss Zelnick, discuss the firm’s Q1 loss, EA’s recent bid, the future of Grand Theft Auto and more. To read the …

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BioShock 2 officially confirmed

As part of its financial announcements today, Take Two confirmed the invevitable : that a sequel to its best-selling BioShock is in development and is due next year. For the full story, head over to our sister site Develop.

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Revenues down and losses grow for Take Two

Take Two has announced its financial results for its first quarter ended January 31st, with revenues down year on year from $277.3m to $240.4m – although the firm said that Q1 2007 had benefited "from more new game releases", hence the drop. The firm’s sales were led by a number …

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Disney: Treat us differently at retail

Retail must plan around Disney product differently to maximise revenue, the publisher’s sales boss has told MCV. Matt Castle believes that the High Street needs to better embrace the cross-franchise opportunities Disney titles represent – or risk missing out. We are unique with our and brand and our offering,” Castle …

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Gran Turismo 5 Prologue dated

Having altered things ever so slightly since its last release schedule , Sony has confirmed that the long-awaited Gran Turismo 5 Prologue will be released on Wednesday March 26th in the UK for 24.99. That’s the date for the Blu-Ray version, at least. A download-only PSN version will arrive a …

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Sony under pressure to slash PS3 price

Following Microsoft’s official confirmation of a price drop across its entire Xbox 360 range, Strategy Analytics has stated that the move will put pressure on Sony to follow suit with its PS3. Sony will be nervous that the PS3’s recent sales surge may fizzle out now that the premium Xbox …

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Major shareholders reduce Take Two stake

As the ‘will they won’t they’ saga surrounding EA’s proposed takeover of Rockstar-owning Take Two continues , two major Take Two shareholders have cut their stake in the publisher, Reuters reports. Oppenheimer Funds has cut its stake from 23 per cent, or 8.8 million shares, to just 11.5 per cent, …

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WiiWare hitting Japan on March 25th

Nintendo of Japan has revealed the launch line-up for the country’s introduction of WiiWare. Games spun from staple franchises Final Fantasy, Pokemon and Mario will be available from the launch day, which is March 25th, along with a number of shorter casual games. For the full story, head over to …

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