MCV/DEVELOP News, events, research and jobs from the games industry
Take-Two CEO Strauss Zelnick says the publisher will continue to launch multiple triple-A boxed games a year, despite the rapid growth of its digital business. For its second financial quarter, Take-Two revealed that 39 per cent of its revenue comes from digital content – primarily driven by Grand Theft Auto …
Read More »Take-Two: Mafia III will ‘absolutely’ be as big as BioShock and Borderlands
Take-Two wants its Mafia series to sit alongside Borderlands and BioShock as one of its biggest games franchises. The game is published by Take-Two’s 2K division and is being created by Hanger 13, a new development unit set-up to work specifically on Mafia III – which is due to launch …
Read More »Bioshock franchise surpasses 25m units sold
Bioshock Infinite has sold 11m copies and the Bioshock franchise as a whole has sold more than 25m, according to Take-Two CEO Strauss Zelnick. Speaking at a conference in New York that GameSpot attended, Zelnick explained the 2K Games series has been a crucial piece for the company’s success. "It’s …
Read More »Take-Two joins call for more digital data
The CEO of Take-Two says the lack of digital data in the games market is misleading. Speaking in an exclusive interview with MCV, Strauss Zelnick said that a lot of the stories around the games sector are negative because the true value of the industry is not known. His comments …
Read More »Take-Two: ‘We are not in the business of congratulating ourselves’
The US games giant is riding high after posting its two strongest financial years ever back-to-back, and selling in 52m units of GTA V. Now, with over $1bn in the bank, what’s next for Take-Two? Christopher Dring asks CEO Strauss Zelnick The popularity of GTA Online and your digital sales …
Read More »Major 2K Games title to be announced ‘soon’
2K Games will release a major triple-A game before March 2016, Take-Two has announced. The firm would not be drawn on what the game is, and CEO Strauss Zelnick would not even confirm if the title will appear at E3 next month. "We leave these announcements to the labels," he …
Read More »Zelnick: Tentpole game franchises ‘shouldn’t be annualised’
'It takes some time to make the highest quality products in the business'
Read More »Zelnick re-iterates scepticism of free-to-play
In what appears to be an annual traditional, Take-Two boss Strauss Zelnick has again questioned the viability of the free-to-play business model. "The problem with the free-to-play model is 95-97 per cent of people who engage with your content don’t pay for it. 3-5 per cent do; on a good …
Read More »Strauss Zelnick: There’s more to Take-Two than Grand Theft Auto
If you’ve read any of our Take-Two interviews in recent years, you’ll have read the same story: Take-Two is no-longer the Grand Theft Auto company. It’s something CEO Strauss Zelnick likes to remind us at every available moment. They have over 30 1m+ selling brands, he says. But that’s actually …
Read More »Take-Two reports $41.1m loss but beats Q2 expectations
Take-Two has once again beaten its quarterly predictions, and has revised its estimations for the fiscal year. The publisher’s revenue (GAAP) was $126.3m, a decline of 15 per cent compared to the same period last year. The firm’s net losses narrowed to $41.1m. In terms of non-GAAP, revenue grew to …
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