Take-Two gears up for PS4, Xbox 720 with 'extensive pipeline of titles in development'
- Posted May 14th, 2013 at 04:43 EDT by Michael Harradence
Publishing giant Take-Two has confirmed it has an ‘extensive pipeline’ of titles in the works for next-generation platforms.
The company revealed the news during its latest financial briefing, where it confirmed that the projects include both fresh IP and additions to existing franchises.
Take-Two posted net revenue of just over $1.2 billion for the fiscal year, marking a notable increase over last year’s $825.8 million. For the next financial year ending March 31, 2014, the company forecast between $1.75 billion and $1.85 billion.
In terms of software sales, BioShock: Infinite pulled in over 3.7 million units since its launch on March 26, and “enjoyed significantly higher first month sell-through than any other BioShock release.”
In addition, Take-Two said the FPS saw “solid demand” for its Season Pass, which gives consumers access to the three upcoming DLC releases.
Elsewhere, Borderlands 2 shipped six million copies while Max Payne 3 shipped four million. NBA 2K13, Grand Theft Auto IV, XCOM: Enemy Unknown, and Red Dead Redemption also contributed to the company’s FY13 success.
“With BioShock Infinite, Borderlands 2, NBA 2K13, XCOM: Enemy Unknown, our 2K label released four of the past year’s most critically acclaimed title,” said Take-Two CEO, Strauss Zelnick.
“Our commitment to delight consumers with the highest-quality interactive entertainment experiences enabled Take-Two to have an outstanding year, despite a challenging environment for many in our industry.”
He went on to state that “fiscal 2014 is poised to be one of our best years ever,” with the publisher having “an extensive pipeline of next-generation and emerging platform titles in development, including both new intellectual property and releases from our proven franchises.”