Take-Two earnings report; expect big games in early 2010
- Posted September 1st, 2009 at 23:24 EDT by Adam Dolge
- 3,935 views
- 20 Comments
We already know that several Take-Two games have fallen victim to delays, including BioShock 2. During an earnings call today, Chairman Strauss Zelnick said the company will release four top-tier games in the first half of 2010. The company’s earnings are also drastically lower than last year at this time, largely owing to a little game called Grand Theft Auto IV.
Zelnick said that BioShock 2, Mafia II, Max Payne 3, and Red Dead Redemption will ship sometime between February and June next year.
"We remain focused on our core strategy of delivering high quality interactive entertainment experiences and exceptional value through our catalog of proven titles. While the economy and retail environment continue to be challenging, we are optimistic that 'must have' triple-A and value products will be key drivers this holiday season. That said, we are maintaining a prudent approach to our business outlook for the remainder of this year and as we head into fiscal 2010. We will continue to invest our resources in initiatives that will enhance our industry-leading creativity and innovation," said Zelnick.
Meanwhile, the company reported earnings of $138.6 million in Q3. That’s down significantly from last year at this time when the company reported revenue of $433.8 million. Keep in mind, Grand Theft Auto IV significantly helped sales last year at this time.
Speaking of Grand Theft Auto, don’t expect any announcement for GTA V anytime soon, or even an announcement of an announcement for the sequel. Zelnick says the company has no intentions of talking about anything related to GTA V anytime soon.
If you are interested in more industry jargon, check out the official release here.
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iSHENANIGANS
- 11:49pm BST - September 1st, 2009
- 4
Take-Two, Bethesda, EA, Ubisoft, SCE, insomniac, Evolution, THQ n SEGA....... THEY ALL SUCK N MONEY MILKIN' VAMPIRES the only gud true honest not-money-hungry publishers in this business r CAPCOM n acTiVision.
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Fiddlesworth
- 12:42am BST - September 2nd, 2009
- 5
^ Resident Evil 5 multiplayer. Activision I don't even need to explain. Fail.
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Mo-green28 |
Mo-green28- 12:45am BST - September 2nd, 2009
- 6
@ #4
Insomniac shouldn't be there. But Red dead is the only thing im a tad bit interested in, from them take two games list.
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PSX_Legend |
KillZone3000- 12:53am BST - September 2nd, 2009
- 8
Mafia 2 and Max Payne 3 are on my list! :D
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doomsday666
- 1:12am BST - September 2nd, 2009
- 9
max payne 3 & bioshock 2 is about the only thing i am interested in from them
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FLTURNPIKE
- 2:31am BST - September 2nd, 2009
- 12
Red Dead Redemption is the game to look out for!!!!!! Thats the game thats going to blow socks off. If you haven't seen screen shots, then you need to take a look on psu.
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ironflag55555 |
ironflag555- 4:30am BST - September 2nd, 2009
- 13
i will definatley be geting max payne
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Soviet-Messiah |
Soviet-Messiah- 11:40am BST - September 2nd, 2009
- 18
You can usually tell the quality of game by the jargon speak. More psuedo-English bulletpoint speak means crappier game. Bet each and every one of those titles is going to blow chunks, just like the first Bioshock and other junk. Franchise-milking FTL.
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pizzamonkio
- 10:36pm BST - September 7th, 2009
- 20
max payne 3 would be cool considering how the og max payne was pretty inovative
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