Wed, Feb 09, 2011 | 10:19 GMT
Take-Two Q3s: Red Dead Redemption sells 8 million
Take-Two’s announced its Q3 financial results, confirming that Red Dead Redemption has sold 8 million units.
Take-Two Q3 financials
Red Dead Redemption has sold 8 million units.
NBA 2K sold 4 million units making it the best selling game in the series ever.
Team Bondi’s LA Noire releases on the week of May 16 in the US, Europe and UK. First gameplay footage hits Wednesday.
2K will release Duke Nukem Forever, developed by Gearbox, on May 3 in US and May 6 internationally.
2K announced The Darkness II earlier today. It’ll launch this autumn for PS3, 360 and PC.
The firm expects Top Spin 4, which is out in March, to set a new standard in the tennis game genre.
The Rockstar western went on sale last May for PS3 and 360, with major DLC expansion Undead Nightmare releasing last fall digitally and at retail. However, Take-Two would not go into specifics regarding the sales split between the disc version of Undead Nightmare and the retail version.
Strauss Zelnick, chairman and CEO of Take-Two said Rockstar has proved it knows how to make hits, continue to make hits and continue supporting it’s games post release.
For the third quarter ending on December 31, net revenue was down 7 percent year-over-year, compared to $334.3 million, which is better than the company’s expected $290 to $315 million for the period. Net profits were up 7 percent to $40.8 million for the period.
The strongest contributors to net revenue and profitability in the third quarter this year included NBA 2K11, Red Dead Redemption, Red Dead Redemption: Undead Nightmare, Grand Theft Auto IV: Complete, Borderlands: Game of the Year Edition, and Sid Meier’s Civilization V.
Catalog titles that contributed to the strength in the recent period were led by the Grand Theft Auto franchise. Digitally delivered content also continued to be an important component of Take-Two’s sales, particularly driven by strong sales offerings for Red Dead Redemption, Borderlands and Sid Meier’s Civilization V.
Nine-month revenue up 80 percent
For the nine-months ending on December 31, net revenue increased 80 percent year-over-year to $954.6 million. Non-GAAP income from continuing operations increased to $108.8 million, compared to a loss of $67.5 million for the year-ago period.
Strauss Zelnick, chairman and CEO of Take-Two said it was the fifth consecutive quarter the firm has met its financial expectations: “Strong holiday sales enabled Take-Two to continue to deliver
better-than-expected revenue and earnings in the third quarter. Our results year-to-date clearly demonstrate the Company’s ability to translate its world-class creative resources and diverse portfolio of triple-A franchises into meaningful profits.
“We have no update on Max Payne 3 at this time.”
“Looking ahead to the balance of the year and fiscal 2012, I have never been more enthusiastic about our diverse line-up of upcoming releases. In addition to producing triple-A titles focused on the traditional console market, we are also actively pursuing opportunities to grow our revenues by leveraging the strength of our brands in emerging markets and across new platforms and distribution channels. These include opportunities in Asia and Latin America, evolving downloadable content models and online multiplayer experiences.”
As far as the new handhelds were concerned, Zelnick said the firm is looking hard at NGP and 3DS, but is not ready to announce anything for either until it is “ready to do so.”
Take-Two’s COO Karl Slatoff said the market is continuing to grow, whether it be the installed base of consoles or digital content, and Take-Two plans to continue to be part of both in the future.
Current games slate for Take-Two:
- Top Spin 4 – Xbox 360, PS3, Wii – March 15, 2011
- Carnival Games: Monkey See, Monkey Do – Kinect for Xbox 360 – April 2011
- Duke Nukem Forever – Xbox 360, PS3, PC – May 3, 2011
- L.A. Noire – Xbox 360, PS3 – May 17, 2011
- The Darkness II – Xbox 360, PS3, PC – Fall 2011
- Spec Ops: The Line – Xbox 360, PS3, PC – Fiscal Year 2012
- XCOM – Xbox 360, PC – Fiscal Year 2012
- BioShock Infinite – Xbox 360, PS3, PC – Calendar Year 2012
This article elsewhere
Take-Two posts better than expected Q3 results (GamesIndustry.Biz)
Take Two Interactive reports latest financial results (Big Download)
NBA 2K11 is 2K Sports' best-selling game ever (Joystiq)
Online content helps push Red Dead Redemption game sales to 8M (Venturebeat)
Take-Two gets boost from NBA, Red Dead hits (MarketWatch)
Strong Holiday Sales Boost Take-Two Interactive’s Q3 Earnings (AllThingsD)
TTWO Up 5%: FYQ3 Beats, Raises Q4 View (Barrons Blog)
XCOM, Spec Ops listed for fiscal 2012 release, Max Payne 3 not listed at all (again) (Joystiq)
Take-Two Holiday 2010 Revenues Beat Expectations, Profits Up 7 Percent (Gamasutra)
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Posted in: 2K, Action, Financials, Rockstar, Take-Two
Tags: Red Dead Redemption, Take Two Q3 financials
96 comments
Newer Comments
#1
MushroomStamp
08/02/11, 9:24 pm
It deserved the sales.
#2
RickyWicky
08/02/11, 9:27 pm
It deserves even more.
I finished it a few days ago and bought the Undead Nightmare DLC. All worth it
And, please, blackdreamhunk better not come and filthy this page with his nonsense.
#3
blackdreamhunk
08/02/11, 10:11 pm
dump people buying uncreative fanbase hating game devs
#4
The1stMJC
08/02/11, 10:21 pm
Daaaamn. Well deserved and wow has Take 2 been on a role. Let’s see if LA Noire keeps the pace going.
#5
Moonwalker1982
08/02/11, 10:28 pm
Very dump people yeah,lol.
#6
Stephany Nunneley
08/02/11, 10:41 pm
I know plenty of “dump” people, personally.
#7
Moonwalker1982
08/02/11, 10:43 pm
Hahah.
#8
loki
08/02/11, 10:46 pm
Looke like Rockstar save T2 from bankruptcy.
And again NO PC -path to victory
#9
blackdreamhunk
08/02/11, 10:49 pm
yea look all t hem console game devs go bankrupt these days so when is Microsoft and Sony going to release them new consoles? I hope soon so I can see some more bankrupt game devs!!
#10
Callum
08/02/11, 10:59 pm
@2 it does indeed man. Fantastic game, and home to one of my favourite gaming moments of all time no less!
#11
Keivz
08/02/11, 11:05 pm
GTA IV is my favorite game of this generation and I played it on a PC. I’ve got a PS3 but I’m begging you Rockstar, please release a PC version of RDR. Pretty please!
#12
blackdreamhunk
08/02/11, 11:05 pm
I wonder how many people just bought them game because of media hype?? I rather spend my money on creative and respectful games devs that care about their games and fan base.
#13
blackdreamhunk
08/02/11, 11:09 pm
I wonder how many people just bought the game because of media hype?? I rather spend my money on creative and respectful games devs that care about their games and fan base.
Oh pc gamers don’t need any more rockstar games on pc we have like billion other games to play and respectful game devs. Them console can have all the losers they are use it with all them mindless button smashing games.
we don’t need any more loser game devs that don’t respect their fanbase garbage and make garbage games
#14
Crysis
08/02/11, 11:21 pm
If you don’t like R*, don’t buy their fucking games & STFU, do you really think that your pointless trolling will achieve ANYTHING!? grow up you pathetic child.
#15
blackdreamhunk
08/02/11, 11:27 pm
at crysis how about you don’t stick your noise in the middle posts. I did not start this fanboy garbage
#16
blackdreamhunk
08/02/11, 11:29 pm
@14 how about you go cry me a river
http://www.youtube.com/watch?v=DksSPZTZES0
#17
Crysis
08/02/11, 11:32 pm
I’m not looking @ your trolling links, fuck off.
#18
blackdreamhunk
08/02/11, 11:33 pm
Crysis
really your the stocking me
#19
blackdreamhunk
08/02/11, 11:34 pm
@Crysis
in fact you stock me from across the other thread go cry me a river console fanboy
#20
blackdreamhunk
08/02/11, 11:35 pm
h@Crysis
how about this you don’t like what I have to say maybe you should not reply
#21
Crysis
08/02/11, 11:44 pm
A better alternative would be for you to stop trolling & what’s with the spam? Do you really need 3 posts in a row? Really?
#22
blackdreamhunk
08/02/11, 11:45 pm
@Crysis
if any one is trolling it’s you and your stocker too!
#23
blackdreamhunk
08/02/11, 11:46 pm
@Crysis
if you don’t like what I have to say don’t reply
#24
Blandock
08/02/11, 11:54 pm
Don’t feed the troll. Let him starve to death.
#25
Hunam
09/02/11, 12:02 am
Red Dead is one of the finest games of recent years, it has an old school PC charm to it too.
#26
nofear360
09/02/11, 12:03 am
Thanks for providing us with lots of LOLs, blackdreamhunk!
#27
blackdreamhunk
09/02/11, 12:08 am
np these people make me laugh too lol
#28
xino
09/02/11, 12:09 am
with the massive advertising and paid journalist, Take Two deserved the prize money.
I think they even made more advertising on this game than Microsoft poured on Kinect:/
I bought this shit on ps3, just 1 month after release. No body online, graphics was wack (but details on horse was good), instantly sold the game!
#29
NeoSquall
09/02/11, 12:14 am
Is blackdreamhunk the new alias of back up?
#30
lexph3re
09/02/11, 1:01 am
Lol stocker… does he mean stalker?lol
#31
OrbitMonkey
09/02/11, 1:42 am
This is a little something for the people like myself, who enjoyed a damn fine game.
http://thepunchlineismachismo.com/archives/495
#32
Kuwabara
09/02/11, 2:40 am
Alot of profit was made , but was it worth all the heartache and mistreatment of the workers there?..
#33
back_up
09/02/11, 6:09 am
well deserve
after the failure of revolver
rockstar San Diego work hard and made fanastic game
#34
CaptPierce
09/02/11, 6:14 am
@blackdreamhunk
http://www.youtube.com/watch?v=RFZrzg62Zj0
#35
Timber-_-wolf
09/02/11, 9:19 am
How did I know BDH would on his rant about Rockstar after this post? LOL
already did on la noire, dude some people like some people dont deal with it and stop spreading the hate
PC fanboy
#36
Blerk
09/02/11, 9:22 am
8 million is well deserved, RDR was easily my game of last year.
Interesting to see XCOM and Spec Ops on the list, they seemed to have stopped talking about those of late. But where is Agent?
#37
RickyWicky
09/02/11, 9:31 am
@35 – Yeah, I kinda hoped he would stay away from this page. I guess it was inevitable, though. Doesn’t seem to have much better to do.
#38
Timber-_-wolf
09/02/11, 9:39 am
@ 37 if he made a decent point every now and then i wouldn’t mind all he is doing is slating off console gaming
seen as a lot of games on PC are on console as well and he says they have billions of games?
farmville doesn’t count as a game BDH
#39
Timber-_-wolf
09/02/11, 9:40 am
i would love to know his top five games of all time on any console or pc?
#40
RickyWicky
09/02/11, 10:03 am
I think that would be easy to guess:
1. Anything by anyone other than Rockstar
and then X 5.
#41
blackdreamhunk
09/02/11, 12:34 pm
@38
sure made a ton of points,points you don’t want to read or hear. The reason my comments gets under your skin is because you worship “rockstar”.
Sorry I am not the type of gamer that worships any game dev or publisher. If I see something wrong I am going to say something. You don’t like my comments too bad because there is another person who will think the same way as I do.
Real gamers is about the game first.
#42
blackdreamhunk
09/02/11, 12:36 pm
I know the gaming Industry so well I can tell who is going bankrupt and who is making money. I can tell you why this game is better than that game. I can tell why this game is popular and why this other game is not.I know all the trends in the gaming Industry. I can back this up with proof by links or video.
#43
Crysis
09/02/11, 12:52 pm
“I can tell you why this game is better than that game” No, no you cannot, since that would be just opinion & an opinion proves nothing. R* makes popular games, no one cares that YOU hate them, heck i could bet that all your trolling is coming from the fact that R* doesn’t support the pc much, if you can go into details on EXACTLY what makes R*’s games ‘bad’ I’ll concede that R* is the Satan of gaming developers.
#44
StolenGlory
09/02/11, 12:54 pm
@42
“I know the gaming Industry so well I can tell who is going bankrupt and who is making money.”
Holy shit, can you really? You should be a stockbroker or something, instead of wasting your days trolling the high holy heaven out of these forums.
“I can tell you why this game is better than that game.”
You can form an informed and well-written opinion can you? An objective one at that? Don’t kid yourself.
“I can tell why this game is popular and why this other game is not.”
The self-congratulatory patting on the back for carrying out such basic human functions continues unabated I see.
“I know all the trends in the gaming Industry.”
You don’t though, do you? You’re so pro-PC and fuck all else that you quite literally know… fuck all else.
“I can back this up with proof by links or video.”
Spamming the You-Tube Borg video from TNG doesn’t count you tool and any muppet can pick and choose videos from less-than-reputable sources to try and convey the failed notion that they know what they are talking about.
Doubtless, you will reply to this with some kind of verbal excerement mired in the afterbirth of whatever generic trolling replies you can muster and as such, I really couldn’t care. Go ahead and do so.
The only thing you and your trolling bretheren should be thankful for is that Pat keeps you on the forums and is sadly oblivious to just how well cunts like you drive away folks who have actual opinions and *gasp* some degree of objectivity.
You and your tiresome, pathetic trolling ilk are a blight on this forum.
Nobody respects you, wants to hear what you have to say or pays attention to any of your rantings.
Long story short; You sir, are an oxygen thief and in lieu of being able to ignore cunts like you (either passively or through an ignore feature which I severely doubt will ever materialise) I would ask that you scrape together some fucking integrity from wherever you can and leave.
#45
blackdreamhunk
09/02/11, 1:00 pm
@Crysis @StolenGlory
AT your are noob or newbies On these forums. I don’t really need to prove my self any more, because everyone knows that I can back up my comments with facts. If you notice I just love to give links.Your looking at the who made Peter Molyneux. I am not surprised if the who gaming Industry knows my name.
In fact I am so well know in the gaming Industry some game devs give personal beta invite for some games.
#46
Michael O’Connor
09/02/11, 1:01 pm
@44 THAT WAS BEAUTIFUL, MAN! *teardrop*
#47
blackdreamhunk
09/02/11, 1:03 pm
don’t have time read 44 don’t really care because probably not truth I can must likely shoot it down!
#48
Michael O’Connor
09/02/11, 1:06 pm
@45 After that post, I think we can safely say that you’re actually a smart and intelligent troll, and that this personality of PC fanboyism is nothing more than one giant charade.
It would be nice if Pat or someone else bothered to check the IPs of some of these posters, see if they match anyone else.
How the hell do you not have something better to do with your time?
#49
blackdreamhunk
09/02/11, 1:20 pm
@Michael O’Connor
so your resort to name calling when people don’t agree with you. Your right I am smart and I am a gamer not a fanboy the reason you resort to name calling is because I don’t agree with you. By the way when I shot down there was not big name Industry agreeing with me but also the media why I can prove it with links
I am that good
#50
blackdreamhunk
09/02/11, 1:21 pm
@Michael O’Connor
so your resort to name calling when people don’t agree with you. Your right I am smart and I am a gamer not a fanboy the reason you resort to name calling is because I don’t agree with you. By the way when I shot down there was not big name Industry leaders agreeing with me but also the media why I can prove it with links
I am that good
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