Take-Two Chairman Strauss Zelnick believes the company can be profitable in a non-Grand Theft Auto year. Speaking with Venture Beat, Zelnick explains that while GTA may have been the main source of profitability before, Take-Two is a different company in the wake of titles like BioShock and Carnival Games. Reportedly, the company now has "30 million-plus selling titles, 15 of which are full owned."
Depending on the nature of the content in the first GTA IV DLC (expected later this year), the company might very well see some nice cash flow from the second episode next year. We also have no idea when to expect GTA: Chinatown Wars. From what we can see, GTA is going to be on the T2 fiscal calendar in one form or another for quite some time.
[Via GI.biz]
Reader Comments (15)
Posted: Jul 22nd 2008 2:19PM (Unverified) said
nancy shouldn't have taken impeachment off the table
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Posted: Jul 22nd 2008 2:29PM (Unverified) said
Dirty Minds see Dirty Things through their Dirty Eyes. :P
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Posted: Jul 22nd 2008 4:21PM Saria the Cat said
Yeah, I can't tell which of us is more uncomfortable...him or me?
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Posted: Jul 22nd 2008 2:17PM FredFredrickson said
Would it really matter if it was their only moneymaker?
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Posted: Jul 22nd 2008 2:29PM atrimus said
"GTA isn't Take-Two's only moneymaker."
now THAT'S how you write a hilarious headline joystiq, not this:
http://www.joystiq.com/2008/07/22/the-ultimate-proof-that-ps3-is-winning/
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now THAT'S how you write a hilarious headline joystiq, not this:
http://www.joystiq.com/2008/07/22/the-ultimate-proof-that-ps3-is-winning/
Posted: Jul 22nd 2008 2:55PM Joystick Hero said
Oh god, a new Red Dead game would be AMAZING. I played that game to death.
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Posted: Jul 22nd 2008 6:40PM (Unverified) said
I don't know why but every time I see that picture I have the urge to punch that guy in the face.
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Posted: Jul 22nd 2008 6:50PM (Unverified) said
How so?
Remind me again, Mr. Zelnick, why GTA4 in fiscal 2008, generated over 78 percent of your annual revenue.
Oh, right, because GTA IS your primary money maker. We'll see how well the company does in the 2 year wait for GTA5. I see a predictable dip in revenue and cite fiscal 2007 as evidence of what a non-GTA year looks like on paper.
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Remind me again, Mr. Zelnick, why GTA4 in fiscal 2008, generated over 78 percent of your annual revenue.
Oh, right, because GTA IS your primary money maker. We'll see how well the company does in the 2 year wait for GTA5. I see a predictable dip in revenue and cite fiscal 2007 as evidence of what a non-GTA year looks like on paper.
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