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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 »Take-Two buys out Icahn
US investor Carl Icahn is no longer involved with Take-Two after the publisher bought out the outspoken exec’s share interest. Take-Two acquired all of Icahn’s stocks at yesterday’s $16.93 closing price, representing a transaction worth a total of $203.5m. As per previous agreements, as a result of the buyout all …
Read More »GTA V UK sales bigger than Battlefield, FIFA, Call of Duty, Batman, Pokemon and Assassin’s Creed combined
We all know Grand Theft Auto V was bigger than anything ever. Made more money than any entertainment property, and sold 2m units in the UK alone in just a week. But sometimes we must acknowledge that numbers and statements like that are hard to truly understand. What does ‘biggest …
Read More »Grand Theft Auto V Games On Demand XBL release breaks records
The digital version of Grand Theft Auto V available on Xbox Live’s Games on Demand has broken records. Take-Two says that the game became both the highest grossing day one and week one release ever on Xbox Live following its release on the platform October 18th. The game had already …
Read More »Borderlands 2 on pace to break 2K sales records
Borderlands 2 has shipped over 7.5m copies at retail, and is on track to become 2K Games’ highest-selling title ever. Take-Two revealed the latest figures for physical copies of Gearbox’s sequel as part of the publisher’s Q2 2014 financial results. "Borderlands 2 has sold-in over 7.5 million units and counting, …
Read More »Grand Theft Auto V nears 29m units shipped
Grand Theft Auto V shipments are closing in on 29m copies, Take-Two has announced. The publisher revealed the staggering figure as part of its latest quarterly earnings report, adding that the game’s has surpassed the lifetime total for Grand Theft Auto IV units shipped. "[Grand Theft Auto V is an] …
Read More »GTA V ships 29 million copies
Take-Two is reinvesting massive revenues into ten next-generation titles
Read More »Take-Two reports rising quarterly revenue
Take-Two interactive has released its financial results for Q2 2014, reporting a huge spike in net revenue thanks to Grand Theft Auto V. Earnings for GTA V weren’t included in the publisher’s GAAP net revenue, which came in at $148.8m for the quarter – compared to $273.1m during the same …
Read More »Analyst slams Take-Two for "heavy reliance on retail"
Take-Two needs to adapt its strategy to lessen its reliance on High Street retail, one analyst has claimed. The publisher will this week likely announce that it has shipped an eye-watering 21.5m copies of Grand Theft Auto V, with revenue ahead of forecasts. Yet despite this, VG247 quotes HIS Electronics …
Read More »Take-Two among Twitch’s Series C funders
Streaming games TV service Twitch has announced a further $20m worth of investment. Interestingly, Take-Two are named amongst the companies who contributed to the Series C funding, although details of the level of its investment have not been disclosed. The money will be used to grow the company’s sales division …
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