Grand Theft Auto, NBA 2K, and Red Dead Redemption were driving forces behind Take-Two’s successful fourth quarter.
The most successful entertainment product of all time is set to make its debut on a third straight generation of gaming consoles.
While the number is a decrease from April, the industry continues to benefit from the ongoing pandemic. SuperData’s Carter Rogers weighs in.
Take-Two president Strauss Zelnick said that Grand Theft Auto V has now sold more than 120 million copies.
Houser co-founded Rockstar in 1998, and has been the lead writer on the Grand Theft Auto and Red Dead Redemption series. Take-Two shares have been declining all day.
The Video Game Tax Relief program was recently extended into 2023.
Grand Theft Auto V may have been the top-earner in the 2010s, but it was Activison’s shooter franchise that had the largest impact on the industry. Also, 2019 finishes with total sales down 13%.
GTA V also has reached 115 million copies sold-in, and live services continue to be a big driver for Take-Two’s bottom line.
Should GTA Online be sold separately from GTA V or offered as free-to-play? Take-Two CEO Strauss Zelnick tells us that there are no plans but he remains open-minded.
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