Take-Two profits up in Q1, misses analysts' targets on earning per share

August 10, 2015 - GamePolitics Staff

Take-Two Interactive Software reported non-GAAP earnings per share of 31 cents on revenues of $366.4 million for the fiscal first quarter that ended on June 30 - up an impressive 142 percent compared to the same quarter a year ago.  Analysts had expected non-GAAP earnings per share of 36 cents on revenues of $351 million.  While earnings per share were not what analysts expected, revenues were a lot higher than expected too.

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Bill Paxton: BBC's 'GTA' film shows Jack Thompson and Sam Houser on a collision course

June 3, 2015 - GamePolitics Staff

Actor Bill Paxton says that the upcoming Grand Theft Auto film will show Take-Two and Rockstar on a collision course with the former lawyer and anti-game crusader Jack Thompson. In an interview with the Wall Street Journal, Paxton (who plays Thompson in the made-for-TV movie "Game Changer" that is being produced by the BBC) said that the film focuses on the drawn-out fight between the makers of GTA and Thompson, who claimed that the game(s) had an undue influence on young people.  

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Take-Two: 11 million in sales for 'Bioshock Infinite'

June 1, 2015 - GamePolitics Staff

Speaking at the Technology, Media, & Telecom Conference in New York this week, Take-Two CEO Strauss Zelnick revealed that Bioshock Infinite has managed to garner 11 million in sales to-date. The game was released March 26, 2013 for PC (Windows, Linux, Mac), Xbox 360, and PS3. Zelnick also revealed that the series created by Ken Levine and his studio Irrational Games has sold 25 million copies to-date as well.

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Take-Two sues BBC over 'Grand Theft Auto' movie

May 21, 2015 - GamePolitics Staff

The BBC's movie about the making of Grand Theft Auto has just run into a mountain-sized obstacle: Take Two Interactive. The publisher of the series and the owner of Rockstar Games is suing the BBC over its upcoming film based on the book, Jacked: The Outlaw Story of Grand Theft Auto.

Grand Theft Auto series creator Rockstar Games released a statement written by parent company Take Two Interactive announcing that it was suing the BBC for trademark infringement.

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2K Australia closed, entire staff laid off

April 16, 2015 - GamePolitics Staff

2K Australia, one of the last major AAA game development studios in the country, is shutting down, Kotaku Australia reports. According to that report all employees are being laid off and the studio is being shut down. The studio was located in Canberra.

Costs were the reason the studio was shuttered according to sources speaking to Kotaku Australia, who also said that a move to Melbourne was considered at one point.

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'Grand Theft Auto V' Reaches 45 Million Sales Milestone

February 4, 2015 - GamePolitics Staff

Last night Take-Two Interactive revealed that - to no one's surprise - that wholly owned studio Rockstar’s Grand Theft Auto V has now reached 45 million unit sales since its launch. Take-Two also revealed that around 10 million of those sales come from PlayStation 4 and Xbox One sales, with the rest coming from the last generation PS3 and Xbox 360. The PC version is currently in development and is set for a release in March after a delay in January.

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2K Games Announces 'The Handsome Jack Collection'

January 20, 2015 - GamePolitics Staff

2K Games has announced The Handsome Jack Collection, a compilation package that includes two Borderlands games remastered for the Xbox One and PS4. Hitting retail March 24, The Handsome Jack Collection includes Borderlands 2, Borderlands: The Prequel and all the DLC from both games' Season Passes. Both of the games have been remastered in high definition for the PS4 and Xbox One and also offer the ability to transfer saves from both games from your PS3 to your PS4 and Xbox 360 to your Xbox One.

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Take-Two President: If you don't like 'GTA V,' don't buy it

December 9, 2014 - GamePolitics Staff

Speaking at the BMO Capital Markets 2014 Technology & Digital Media Conference (as chronicled by GII) today, Take-Two president Karl Slatoff said that those pushing to get Grand Theft Auto V banned in Australia should simply not buy the game if they don't like it, not get it banned from store shelves.

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Take-Two Says That Digital Distribution Revenue is Strong, But Physical Media Still Important

December 3, 2014 - GamePolitics Staff

Take-Two CEO Strauss Zelnick said today at the Credit Suisse Annual Technology Conference that, while digital revenues are growing, some maybe overstating the impact revenues from digital sales have on a company's bottom line. Zelnick claims that Take-Two generates roughly 15 - 30 percent of its revenue from digital sales.

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Take-Two CEO Expresses Disappointment in Target Australia's Decision to Remove 'GTA V' From Stores

December 3, 2014 - GamePolitics Staff

Take-Two Interactive CEO Strauss Zelnick has expressed deep disappointment in Target Australia's decision to pull Grad Theft Auto V from its store shelves after an online petition specifically targeted the retailer over stocking the game. That petition on Change.org called for the retailer to pull the game over first-person interactions with sex workers (mostly viewed from YouTube videos showing sex with a prostitute followed by a murder in first-person view).

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Take-Two Sells 34 Million Copies of 'GTA V'

October 29, 2014 - GamePolitics Staff

As part of his company's Q2 FY2015 earnings call, Take-Two CEO Strauss Zelnick revealed that Grand Theft Auto V has sold 34 million copies worldwide since its launch late last year. Those figures represent sales on the Xbox 360 and PS3 since late last year. Zelnick went on to say that these numbers are good because the company has not reached full saturation in all markets. The game is set for launch on PS4, Xbox One and PC.

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Linsday Lohan's Lawyers Modify Focus of 'GTA V' Lawsuit Against Take-Two

October 10, 2014 - GamePolitics Staff

Lindsay Lohan's lawsuit against Rockstar/Take-Two Interactive for her alleged depiction in Grand Theft Auto V has shifted its focus to be compatible with New York State law (the jurisdiction where the lawsuit was filed) and the amended complaint filed by Lohan's lawyers has gone from 10 to 67 pages long, according to the Hollywood Reporter.

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Rumor: CM Punk Rep. Negotiating With WWE Over 'WWE 2K15'

September 9, 2014 - GamePolitics Staff

According to this GameSpot report, legal representatives for former WWE wrestler CM Punk (real name, Phil Brooks) are in talks with WWE officials to sort through a number of unsettled issues - including CM Punk's inclusion in 2K Games' upcoming WWE-branded wrestling game WWE 2K15. According to the report, which cites "sources connected to the matter," CM Punk is upset over being included in 2K's upcoming game.

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Rumor: Activision in Talks to Buy Take-Two

September 1, 2014 - GamePolitics Staff

GamesIndustry International talks to two financial analysts who closely watch the video games industry sector about what they make of rumors that Activision could possibly acquire Take-Two. This rumor began circulating over the weekend after Mike Hickey, an equity researcher for the Benchmark Company, sent a note to investors on Friday claiming that the two companies were engaged in what he categorized an "emerging romance."

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Rockstar Calls Lindsay Lohan's GTA V Lawsuit 'Frivolous'

August 27, 2014 - GamePolitics Staff

Grand Theft Auto V maker Rockstar Games and its parent company Take-Two Interactive responded to Lindsay Lohan's lawsuit in a Manhattan Court filing on Tuesday. The companies said in their response to Lohan's lawsuit that the Hollywood star "filed [the lawsuit] for publicity purposes." They also called the lawsuit frivolous.

They are asking the court to dismiss the lawsuit and for Lohan to pay its legal fees.

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Take-Two Records Small Loss in Q1 2015

August 6, 2014 - GamePolitics Staff

Take-Two posted a net revenue of $125.4 million in the first quarter of its 2015 fiscal year, down 12 percent compared to the $142.7 million recorded for the same period a year ago. The company's net loss shrank by nearly 43 percent to $35.4 million, down from $61.9 million last year.

NBA 2K14, Grand Theft Auto V, Grand Theft Auto Online, and Borderlands 2 drove revenue for the quarter.

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Take-Two CEO Sees Oculus Rift as 'Anti-Social,' Geared Towards 'Core Gamers'

May 30, 2014 - GamePolitics Staff

Take-Two CEO Strauss Zelnick says that, while the Oculus Rift virtual reality headset is great for core gamers who want to immerse themselves in a gaming experience, it may not be so good for social interactions with friends and family from the living room couch.

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Take-Two: BioShock, Red Dead Redemption Not Dead

May 30, 2014 - GamePolitics Staff

Take-Two Interactive CEO Strauss Zelnick revealed yesterday during a Cowen and Company analyst conference (covered by GameSpot) that a new Red Dead Redemption game is on the way and that BioShock is not dead.

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Take-Two CEO Praises New Kinect-Free Xbox One

May 16, 2014 - GamePolitics Staff

Take-Two Interactive CEO Strauss Zelnick told GamesIndustry International that he is pleased that Microsoft decided to unbundle the Kinect from Xbox One, in turn allowing consumers to pick up the system for $100 less.

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Some 2K Games Will Lose Online Support After GameSpy Shutdown

April 22, 2014 - GamePolitics Staff

2K Games says that the upcoming shutdown of online-service provider GameSpy Technology (owned by Glu) will "temporarily" take Borderlands and several Civilization games offline. The publishing label of Take-Two plans to transition some of the affected games from GameSpy to Steamworks, while nearly 20 other titles will lose online support.

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Former 'Mob Wives' Star Sues Take-Two Over Grand Theft Auto V

February 26, 2014 - GamePolitics Staff

Karen Gravano, the daughter of New York City mobster-turned-informant Sammy "The Bull" Gravano, has filed a lawsuit in Manhattan against Take-Two Interactive and Rockstar Games, claiming that the game makers made a character based on her without her permission in Grand Theft Auto V.

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Irrational Games to Close After BioShock Infinite DLC is Released

February 18, 2014 - GamePolitics Staff

Irrational Games founder and Bioshock creator Ken Levine announced via the Irrational Games web site that the studio would be shutting down and laying off all but 15 people. The studio, which was bought out by 2K Games (Take-Two) in January of 2006, will shut down after it finishes up work on the BioShock Infinite downloadable content, the second part of Burial at Sea. The DLC is set for release next month.

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Take-Two Rakes in $578 Million in FYQ3 on GTA V Sales

February 4, 2014 - GamePolitics Staff

Publisher Take-Two Interactive released financial results for its fiscal third quarter ending December 31, 2013, revealing that it raked in a whopping $578 million in profits. The company attributed the lion's share of this profit to its latest game in the popular Grand Theft Auto series, Grand Theft Auto V.

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Report: 2K Czech Prague Office Closed, Some Staff Moved to Other Studios

January 10, 2014 - GamePolitics Staff

Eurogamer has confirmed with 2K Games that the headquarters of 2K Czech in Prague (where Mafia 3 was rumored to be in development) has been closed and some of the staff has been moved to its offices in Brno. Some staff were laid off as well.

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Report: Major Layoffs Hit 2K Marin, Studio Could be Closing

October 18, 2013 - GamePolitics Staff

Yesterday news broke about a round of layoffs at Take-Two Interactive's 2K Marin studio. The publisher confirmed that it underwent "staff reductions" at the studio behind The Bureau: XCOM Declassified, but now reports are emerging that the staff was effectively reduced to zero.

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GTA V Now Holds Seven Guinness World Records

October 9, 2013 - James Fudge

Rockstar Games' Grand Theft Auto V has managed to get itself into the official record books seven times.

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NYU-Poly Roundtable Discusses Supporting the Video Games Industry in New York City

September 20, 2013 - GamePolitics Staff

Twenty-five executives and experts in the interactive entertainment industry are taking part in an event to discuss how New York City lawmakers can attract and support an industry that generates nearly $5 billion a year today. The event is being hosted and sponsored by Polytechnic Institute of New York University (in Brooklyn, NY).

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Take-Two Warns GTA V Video Makers About 'Spoilers'

September 17, 2013 - GamePolitics Staff

Rockstar parent company Take-Two Interactive told fans in this support forum thread that it is "happy for fans" to upload gameplay footage, but warns them that any videos containing spoilers and other "in-game entertainment" will be flagged for removal via a takedown notice to whatever service they might be using.

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Report: GTA V Costs $266 Million to Develop and Market

September 9, 2013 - GamePolitics Staff

Rockstar Games' upcoming open-world action game Grand Theft Auto V may have cost up to $266 million to develop and market, according to a report by Scottish newspaper The Scotsman. The article also claims that industry analysts expect the game "could sell" upwards of 25 million copies in its first year on the market. That would generate over $1.56 billion in sales for Take-Two Interactive, they say.

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Take-Two Files Complaint With WIPO Over GTA V Domain

August 7, 2013 -

Rockstar Games parent company Take-Two Interactive filed a complaint this week with the World Intellectual Property Organization (WIPO) seeking to claim the domain GTAV.com. The domain name is currently registered to a Spanish resident and listed as "for sale." While the domain name currently redirects users to the official Grand Theft Auto V website, in February it sent users to a blog about the game.

Take-Two has filed more over 24 disputes against websites related to GTA V - including one that promised access to a beta test of the game (gta5betacode.com).

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MattsworknameMika was always about being a show off and using her but to crush her foes, even back in the alpha days. They just took that and maxed it to the extreme, and I LOVE IT!!!!!08/28/2015 - 5:36am
IvresseJust saw R Mika trailer myself. I do like the inclusion of Vega as the punching bag, especially with that Stone Cold Stunner knocking his mask off....but that ultra move with his face between 4 buttcheeks...class! :-)08/28/2015 - 5:20am
MattsworknameOk, finally got a chance to look at the R mika trailer for SF 5, and I Heart her so bloody much. She just looks like pure fun to play as and is SO colorful. All the YES!08/28/2015 - 3:23am
PHX Corphttp://www.gamnesia.com/news/sony-is-disabling-users-from-archiving-their-ps4-livestreams-of-until-dawn Sony is Disabling Users from Archiving Their PS4 Livestreams of Until Dawn08/27/2015 - 8:47pm
MattsworknameAndrew: SOrry I didnt get back, i went to bed before I saw your post. The Producer is listed as Arbitor36508/27/2015 - 6:06pm
Andrew EisenNope.08/27/2015 - 4:17pm
ZippyDSMleeDid you guys cover Fatal Frame 5 being nintendo Eshop only?08/27/2015 - 3:55pm
Big Perm120 bucks for a tetanus shot. Thanks Obama08/27/2015 - 3:01pm
Andrew EisenMatthew - Of course they do. I wasn't suggesting otherwise. Hell, Quiet's already been cosplayed quite a bit.08/27/2015 - 1:25pm
Big PermThere's been some pretty good Kill La Kill cosplay08/27/2015 - 12:56pm
Matthew WilsonI saw someone cosplay as the main charector from kill la kill last year at pax, so people do it.....08/27/2015 - 12:55pm
Andrew EisenPerm - Well yeah, Kojima himself said something along the lines of "Cosplay this, I dare you! No, seriously. Please cosplay this!" I was just wondering if there was an in-universe explanation.08/27/2015 - 12:45pm
Andrew EisenCheck out last week's story on The State of Play book for an updated cover and a list of all the authors and their essay titles! http://gamepolitics.com/2015/08/21/state-play-looks-current-state-video-games08/27/2015 - 12:44pm
Big PermI figured it was because titties are awesome08/27/2015 - 12:37pm
Andrew EisenI'm still waiting to see if any reviews spill the beans on the story reasons behind Quiet's goofy getup in Metal Gear Solid 508/27/2015 - 12:33pm
ZippyDSMleeHave you seen what the Deva wrestlers wear? Now lets get all that Japan only DLC for DOA over here, and DOA Volly ball,ect let the whining commence!08/27/2015 - 12:18pm
Matthew Wilsonsuprisingly, there has not been the negative reaction I was expecting.08/27/2015 - 12:13pm
Andrew EisenWe should devote a segment to R. Mika's costume on the podcast. It'll be great!08/27/2015 - 11:40am
Andrew EisenMatt - So... who is the producer of the video you linked?08/27/2015 - 11:15am
ZippyDSMleeAnd its not as bad as rumble roses :P08/27/2015 - 11:14am

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