Take-Two Interactive Software’s Q2 financial report is in and the results are impressive. Net revenue and digitally delivered GAAP revenue were both up by over 70% year-on-year, and recurrent user spending was up by 32%, which resulted in the company raising its financial outlook for fiscal 2020.
Take-Two attributes its success to the strong performance of Borderlands 3, Red Dead Redemption 2, and NBA2K20, providing an update on total units sold for each during today's conference call.
"To celebrate its 20th anniversary, QubicGames is bringing a curated collection of its top titles on Steam. As a launch gift to players, there is even a "20 for 20 - Anniversary Bundle" that will be heavily discounted to allow gamers to purchase their favorite titles at irresistible prices. Players who purchase the entire bundle at once will pay less than $20!" - QubicGames.
Take-Two Interactive CEO Strauss Zelnick joins 'Money Movers' to discuss the company's quarterly earnings results, how confident Zelnick is in the guidance for fall 2025, and much more.
Nintendo Has Acquired Shiver Entertainment From Embracer Group
Great news it shows that Nintendo intends to continue developing ports of AAA games to its next gen platform
Buying studios from embracer now is a great deal, they must be dirt cheap at this point, Nintendo is a opportunist, they wait until someone fall so they get their best deal
I hope someone buys Piranha Bytes, their future isn't looking good right now. I love their RPGs, they're janky as f***, but they have heart and soul.
Nintendo saw the Mortal Kombat 1 Switch port and were like, "Yeah, these guys are worth acquiring."
You can't make this crap up lol
Borderlands 3 was hugely successful that puts most other looter shooters to shame
Those digital sales figures are really impressive.
Grand Theft Auto V shipped over 115 million
I’d be happy for that success if it didn’t mean Rockstar wouldn’t make multiple games a generation like any self respecting publisher should
I imagine Red Dead will get to 35/40 million if it gets a next gen release, especially if they improve the online.
Wait how can a single game shipp over 115 million copies?? How's that possible?? Or is that some sort of typo?