MCV/DEVELOP News, events, research and jobs from the games industry
Strauss Zelnick has told MCV @ Gamescom that GTA V’s success on PS4 and Xbox One is inevitable. This is despite the fact Take-Two has already shifted 34m units on the older consoles. The firm announced at E3 it would be bringing the world’s fastest selling game to the new …
Read More »Zelnick: Life after Grand Theft Auto
There were queues snaking around the corner at even the most remote games retailer. It featured in every national newspaper, on every radio station and across every news channel. And in just over six months, 33m units were sold into retail, making GTA V the fastest selling title in games …
Read More »Zelnick: GTA Online still steady at 70 per cent of GTA V players
More than 70 per cent of Grand Theft Auto V players with online connectivity have played GTA Online, Take-Two CEO Strauss Zelnick has revealed. In a recent interview with Fox Business, Zelnick confirmed the high retention rate for the game six months out from its initial launch on PS3 and …
Read More »Why don’t analysts believe in Take-Two?
Do shareholders know something we don’t? Last year was a triumph for Take-Two. Critically, it was named the No.1 games publisher by review aggregator Metacritic. Commercially, it was the biggest boxed games firm in the US and No.2 in the UK. GTA V’s launch was the largest in entertainment history. …
Read More »70% of GTA V gamers have played GTA Online
GTA Online was the single largest contributor to Take-Two’s digital revenue over the three months to Christmas, the firm has told MCV. The company revealed that the free online game – which was bundled with GTA V but released later – has been a huge success, despite a slow start …
Read More »Take-Two reports better than expected Q3 results as GTA V tops 32.5m
Take-Two has smashed its predicted earnings and has raised its outlook as GTA V shipments surpass 32.5m. The firm’s Q3 revenue (Non-GAAP) has reached $767.7m (470m) (GAAP revenue hit 1.86bn), with a net income of $578m. The results are primarily down to the performance of GTA V and Grand Theft …
Read More »Zelnick unimpressed by Asian free-to-play market
Xbox One, PS4 to overtake previous generation in five years, says Take-Two CEO
Read More »Zelnick: Next gen consoles to surpass current gen by 2018
Take-Two chairman Strauss Zelnick believes Xbox One and PS4 will surpass the installed base totals of Xbox 360 and PS3 within five years. Games Industry reports on Zelnick’s investor presentation this week at The Credit Suisse 2013 Technology Conference, where he explained why he believes it won’t take as long …
Read More »GTA V makes a record $800m in 24-hours
Last year Activision proudly announced that Call of Duty: Black Ops II made $500m in 24 hours. It was a world record for an amount of money made by an entertainment product. Now, not only has GTA V beaten it, but it has smashed it by an astonishing $300m. GTA …
Read More »Zelnick urges console makers to remain flexible
Policy shouldn't come before consumer-friendliness, argues Take-Two CEO
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