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Take-two Q3 2009 Financials

Take-Two Q3 earnings – everything in one place

Take-Two pretty much defined the term “tough comps” last night, soldiering down to over $50 million losses in the last quarter from a sexy $50 million profit this time a year ago. There’s only one GTA IV, clearly. Here’s all the news from the firm’s Q3 earnings call last night. We do this because we […]

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Take-two Q3 2009 Financials headlines

  • Take-Two Q3 earnings call - the full transcript

    Seeking Alpha’s posted up the entire transcript from last night’s Take-Two third quarter financials call, and lots of fun it was too. Strauss and Ben waffled on for 20 hours about iPhone. There was tons of other stuff too, thankfully. Knock yourselves out.

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  • LA Noire is "exciting" and "innovative," says Feder

    Not only is LA Noire not dead, but it’s also “innovative”. Take-Two CEO Ben Feder said so in the publisher’s Q3 earnings call last night. “It’s in development,” he said in response to a direct question on the game’s status from Janco’s Mike Hickey. “Nothing to announce today. When we have more to announce we […]

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  • All Take-Two games "need to have a download component," says Feder

    During the Take-Two Q3 2009 financial call tonight, company CEO Ben Feder told investors that while retail is important, downloadable content is a main component to the company’s game releases. “It’s clear that retail is the channel for the foreseeable future. Nonetheless, there is a download component to a lot of our games, and there’ll […]

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  • Take-Two on GTA V's announcement - quote of the century

    Guess what? Take-Two really doesn’t want to talk about GTA V. This is what Strauss Zelnick said tonight to an analyst in its Q3 earnings call when asked to give an indication as to when the next title in gaming’s greatest franchise is going to be announced: “We’re not going to announce it. We’re not […]

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  • Take-Two: Natal dev kits "embedded in just about all of our studios"

    Take-Two CEO Ben Feder told investors during the company’s Q3 2009 financial call today that motion sensor kits are currently in-house and in the hands of its development teams right now. “Natal motion-sensors – yes we have dev kits, yes we’re working on them,” he said. “Obviously, we can’t comment on games we haven’t announced. […]

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  • Houser - Gay Tony must hit discs to get to "more people"

    Rockstar’s Dan Houser reckons GTA IV’s DLC episodes have to come to discs because digital distribution for larger items just isn’t there yet. “I know, as a consumer, I’m more comfortable buying songs, which are almost like playing a jukebox, than I am buying movies as purely digital items,” Houser told USA Today. “We all […]

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  • Take-Two Q3 financials: Big four delays are still on track for first half of 2010

    Take-Two has stated during it’s Q3 2009 financial call to investors that the “big four” that have been delayed into 2010 are still on track for the first half of the year. While representative refused to give an exact date for each, Red Dead Redemption, Mafia II, BioShock 2 and Max Payne 3 will be […]

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  • Take-Two Q3 2009 financials show $55.5 million loss

    Take-Two’s shown a Q3 net revenue of $138.6 million compared to $433.8 for the same time as last year. Big drop there, but you have to remember that GTA IV came out in Q3 last year. Net loss for the third quarter was $55.5 million or $0.72 per share, compared to net income of $51.8 […]

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