Red Dead Redemption Keeps Turning Big Profit For Take-Two
Red Dead RedemptionGrand Theft Auto is no longer the only gigantic bread-winner in the Take-Two family.
Red Dead Redemption launched way back in May of 2010 but the game continues to bring in profit for publisher Take-Two and developer Rockstar Games. According to Take-Two's latest quarterly results, they have shipped around 8 million units of their epic Western title. By comparison, that number isn't quite half of what they shipped of GTAIV in total but then again...GTA is GTA. And 8 million is pretty damn good. As for earnings, Take-Two raked in $334.3 million in net revenue, which is down 7% from the $360.4 million taken in during the third quarter of the previous year. Profits came in at $40.8 million, which is basically the same as the $39.4 million in the year-over-year comparison. So that's kind of boring, but overall, Take-Two is looking better and better.
For the nine months ending on December 31, the publisher's overall net revenue rose 80% to $954.5 million, and they turned a $98.4 million loss from the previous year into a $76.2 million profit. So yeah, say "thank you," Red Dead Redemption. For the current quarter, Take-Two plans to release MLB 2K11 and Top Spin 4, and later, we can expect Duke Nukem Forever and L.A. Noire in May. The recently announced The Darkness II will arrive later in the year. But where the heck is Max Payne 3...?
It wasn't on the release list for Take-Two and the only official statement now is- "There's no update on that title as of this time." That sounds a little discouraging, doesn't it? But we can't wait to see how L.A. Noire and Duke Nukem Forever turn out.
Related Game(s): Red Dead Redemption
Tags: take two interactive, rockstar, rdr, read dead redemption
2/8/2011 9:01:48 PM John Shepard
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Comments (18 posts)
kellett007
Tuesday, February 08, 2011 @ 11:03:01 PM
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WorldEndsWithMe
Tuesday, February 08, 2011 @ 11:26:05 PM
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booze925
Wednesday, February 09, 2011 @ 12:08:40 AM
oh, and don't forget undead nightmare released last october. its a completely separate single player campaign, but its different, somewhat amusing, and creepy.
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kellett007
Wednesday, February 09, 2011 @ 12:53:41 AM
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booze925
Wednesday, February 09, 2011 @ 12:09:34 AM
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2 up, 0 down
StangMan80
Wednesday, February 09, 2011 @ 12:34:10 AM
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I say GTA should step over a bit and give RD some room. R* owes this too RD. It will become a really good franchise. I just might pass up GTA some day...? So give it a chance R*!
2 up, 0 down
___________
Wednesday, February 09, 2011 @ 1:49:29 AM
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really want to finish this but cant be stuffed playing through 10+ hours again just to get up to the last bit im at, almost finished this on my 360 then started playing BLUR and did not get a chance to go back.
the DLC was pretty crap though, theres way better zombie games out there like L4D, or cant believe im saying this but even dead rising 2 is better!
0 up, 4 down
Bjorn77
Wednesday, February 09, 2011 @ 2:54:21 AM
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0 up, 0 down
Kai200X
Wednesday, February 09, 2011 @ 3:03:39 AM
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booze925
Wednesday, February 09, 2011 @ 8:24:23 AM
i did it, n my ps3 runs smooth to this day. and its been nearly a year.
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Xbox_Killer
Wednesday, February 09, 2011 @ 4:27:33 PM
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FM23
Wednesday, February 09, 2011 @ 3:55:39 AM
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2 up, 0 down
slugga_status
Wednesday, February 09, 2011 @ 8:10:40 AM
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I wasn't really into the MP much except for the co-op. R* will give us another..those number can't be denied.
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Looking Glass
Wednesday, February 09, 2011 @ 1:10:40 PM
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1 up, 0 down
slugga_status
Wednesday, February 09, 2011 @ 3:33:24 PM
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Xbox_Killer
Wednesday, February 09, 2011 @ 4:31:31 PM
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WorldEndsWithMe
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Tuesday, February 08, 2011 @ 10:07:42 PM
I'd like to know what happened to Max too, but aside from LA Noire I don't care if the rest of those take five more years as long as Bioshock Infinite turns out solid. I'd like to see how the Duke turns out, but I can't reason out the full $60 expenditure at the moment.