PS3 News: Take-Two Rakes In $1.27 Billion, GTAV The Driving Force - PS3 News

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Take-Two Rakes In $1.27 Billion, GTAV The Driving Force

It was bound to happen.

After delaying their earnings report for a day, publisher Take-Two Interactive has finally stepped up and delivered their record-breaking results.

Thanks in large part to the acclaimed Bioshock Infinite and Grand Theft Auto V, Take-Two reported a non-GAAP revenue of $1.27 billion and slightly increased their projections for the remainder of the fiscal year, from $2.2 billion to $2.3 billion.

After GTAV led all software sales in the September NPD report, Take Two confirmed that the blockbuster has sold "nearly 29 million units, exceeding the lifetime sell-in of GTAIV on consoles in less than six weeks after launch." That number does involve copies sold to retailers and not to consumers but even so, the company believes GTAV sales will continue to be strong throughout the next financial quarter.

Take-Two also cited over $118 million from strong catalog sales of GTAV, Borderlands 2, Civilization V, Red Dead Redemption and NBA 2K13. Downloadable content for those games, as well as Bioshock Infinite generated another $105.5 million. For the future, Take-Two has "ten unique titles planned for next-generation consoles, including multiple releases slated for fiscal 2015."

Break out the champagne!

Tags: take two interactive, take two games, take two sales, game industry

10/29/2013 10:03:43 PM Ben Dutka

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Legacy Comment System (5 posts)

Tuesday, October 29, 2013 @ 10:24:54 PM

That's it?

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Tuesday, October 29, 2013 @ 10:30:05 PM

Good, now give Gearbox a few bucks to get to work on Duke Nukem 3D-2.

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Tuesday, October 29, 2013 @ 11:39:13 PM

well that it is interesting isn't it thats alot of money.

happy gaming =)

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Wednesday, October 30, 2013 @ 3:41:50 AM

they also say they have more than TEN next gen titles in the works.
wow, thats impressive so what could they be?
no brainier a red dead, max payne, possibly agent, a new IP from R*N, LA noire?
oh i wish!
but that wont ever happen.
same goes for manhunt 3, oh how much i want to see that happen!
but i can just see the headlines now.

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Wednesday, October 30, 2013 @ 5:47:01 AM

Good to hear they're doing well financially. So...where's the heists?

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