Digital revenues rocket as Take-Two downplays next-gen GTA V talk

Take-Two has reported a near doubling of revenue of $415.8m for the quarter ending December 31st 2012.

Digital revenues climbed by an impressive 244 per cent, accounting for 23 per cent of the company’s overall non-GAAP revenue. Net income for the period climbed from $14.2m last year to $70.9m.

Borderlands 2, XCOM: Enemy Unknown and NBA 2K13 were star performers, with sales of the latter title reaching 4.5m.

The publisher remains confident about the future, too, with what it calls an extensive pipeline of unannounced titles” in the works for next-gen consoles. CEO Strauss Zelnick was keen to stress to investors that the company is extremely well positioned” for what is likely to be an exciting couple of years in the console space

Furthermore, Zelnick insisted that development budgets for next-gen titles will remain largely static, claiming that he didn’t have any cause to believe our dev budgets will change significantly".

The burning question for many, though, was whether the recent delay of Grand Theft Auto V to spring meant that a next-gen launch for the game was on the cards.

Don’t hold your breath.

"There is not one gamer who is going to sit out of GTA V hoping that something that is going to come along down the road that’s better,” he told investors, as reported by Gamasutra. It’s going to blow everyone away, and it’s going to be in the market in September.”

About MCV Staff

Check Also

22 fantastic winners and the lovely things people said about them – from last night’s IRL Awards

[Apologies but we don’t yet have the photos back from our photographer, so I’ve stolen …