
Take-Two
reported a net revenue for its Q3 2009 period (ending July 31) of $138.6 million. In the same period last year, the company reported revenues of $433.8 million. The company chalks its lowered earnings up to the fact that in Q3 2008,
Grand Theft Auto IV had
just launched and was still enjoying strong sales. On the other hand, Q3 2009's games included, well,
not Grand Theft Auto IV. Three games launched in Q3:
Birthday Party Bash, The BIGS 2, and
Civilization IV: The Complete Edition.
The company has already announced that it
doesn't expect to be profitable this year, and at this point it'll have to hold out until
Borderlands,
Episodes from Liberty City and the scattershot
Chinatown Wars ports for any hope of a decent payday.
Reader Comments (Page 1 of 1)
sony boy @ Sep 1st 2009 6:07PM
how much is chinatown wars??? i think i would pay 20-25 bucks for the DL version.
Infidel @ Sep 1st 2009 6:08PM
this could be troubling if it wasnt for the fact max payne 3, red dead revolver and bioshock 2 come out next year. take two really do have a strong line up, i wouldnt be surprised if we see an entirely new gta next year aswell (which could be delayed until 2011, as we all know how rockstar love to delay things)
MystileArmor @ Sep 1st 2009 6:23PM
I wouldn't really count on any full blown GTA, since they are fairly succesfull with the DLC. Why would they release a full new game, when they can deliver these episodic DLC packages with a minimal cost? They don't have to deliver a new engine, new city etc. AND on top of that, they can focus more on the story-elements, rather then trying to make the game work period.
I'd rather have more DLC (actually I'd rather have it on disc, just like they are doing now), then a full blown new GTA.
BananaBoat @ Sep 1st 2009 6:37PM
They'd be fools not to create another GTA using some of the assets they created for GTAIV, considering the enormous cost. You have a point though, there is absolutely no reason for them to rush out a new game when they can get millions for exclusivity on their DLC packs, then millions more from sales of the DLC.
Mr Khan @ Sep 1st 2009 6:22PM
And so the Take Two financial rollercoaster continues it's quest along the rails of wall street.
Stranger @ Sep 2nd 2009 5:11PM
You almost have to admire their willingness to delay all of the AAA content until Q1 2010. That's not an easy call to make with investors to appease, especially in this economy. Kudos to them for allowing their developers time to polish their titles, and waiting to release the games under more favorable market conditions. It couldn't have been an easy call to make.