Tag Archives: strauss zelnick

Zelnick: GTA Online still steady at 70 per cent of GTA V players

More than 70 per cent of Grand Theft Auto V players with online connectivity have played GTA Online, Take-Two CEO Strauss Zelnick has revealed. In a recent interview with Fox Business, Zelnick confirmed the high retention rate for the game six months out from its initial launch on PS3 and …

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Why don’t analysts believe in Take-Two?

Do shareholders know something we don’t? Last year was a triumph for Take-Two. Critically, it was named the No.1 games publisher by review aggregator Metacritic. Commercially, it was the biggest boxed games firm in the US and No.2 in the UK. GTA V’s launch was the largest in entertainment history. …

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70% of GTA V gamers have played GTA Online

GTA Online was the single largest contributor to Take-Two’s digital revenue over the three months to Christmas, the firm has told MCV. The company revealed that the free online game – which was bundled with GTA V but released later – has been a huge success, despite a slow start …

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Take-Two reports better than expected Q3 results as GTA V tops 32.5m

Take-Two has smashed its predicted earnings and has raised its outlook as GTA V shipments surpass 32.5m. The firm’s Q3 revenue (Non-GAAP) has reached $767.7m (470m) (GAAP revenue hit 1.86bn), with a net income of $578m. The results are primarily down to the performance of GTA V and Grand Theft …

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Zelnick: Next gen consoles to surpass current gen by 2018

Take-Two chairman Strauss Zelnick believes Xbox One and PS4 will surpass the installed base totals of Xbox 360 and PS3 within five years. Games Industry reports on Zelnick’s investor presentation this week at The Credit Suisse 2013 Technology Conference, where he explained why he believes it won’t take as long …

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GTA V makes a record $800m in 24-hours

Last year Activision proudly announced that Call of Duty: Black Ops II made $500m in 24 hours. It was a world record for an amount of money made by an entertainment product. Now, not only has GTA V beaten it, but it has smashed it by an astonishing $300m. GTA …

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Is Take-Two really stronger than ever?

When Strauss Zelnick and his team walked into Take-Two’s offices in 2007, the publisher was in disarray. The firm had become wholly reliant on its indomitable Grand Theft Auto series. It had been damaged by financial scandal involving a former CEO. And it was posting huge losses. So in March …

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