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Take-Two FY 2015: GTA V 52 million, Evolve 2.5 M, NBA 7M, WWE 3M, lost $243 million
- Thread starter Quentyn
- Start date
AHA-Lambda
Member
FIFTY TWO MILLION??!
Fucking heck O_O
EDIT: I'm guessing Evolve is probably a bomb at that sell in.
Fucking heck O_O
EDIT: I'm guessing Evolve is probably a bomb at that sell in.
Chezzymann
Member
It will not top Minecraft. Minecraft has legs like few games have ever had. I wouldn't be surprised if Minecraft reaches 80 million.
Shining Sunshine
Banned
Dat Evolve loss most likely
Incorrect. Hollywood accounting only works because a movie becomes its own "company" which pays the studio to distribute the movie. So the studio gets to keep all of the profits, then pass all of the costs onto the "company" that is the movie. That way, anyone who has a financial stake in the movie making money will not see any of those gains. This is to show that the movie took a loss, not the actual studio releasing it which wants very badly to show a profit.
The video game industry is not set up like this. Take-Two just really is terrible.
Remachinate
Member
That's not really applicable here. Hollywood accounting allows individual productions to run at a loss, while the studio overall is profitable. If the Rockstar branch had a negative P&L while Take-Two overall had income, then that link would apply.
To everyone saying that the management is terrible, have you considered that investing for growth is expensive? Take-Two doesn't have the mature profile of an Activision; it's still trying to establish reliable franchises outside of GTA, and for an industry of high-cost, low volume products, it takes long-term infrastructure costs to get there. I'm not saying it's necessarily the case here, but I've seen other successful companies run at a loss for that reason.
Gamezone
Gold Member
It's good for being Evolve.
It's pretty much released on every possible platform. Ain't never coming to Wii U. Not worth the investment.
BobTheFork
Member
Well, either they are mismanaged to hell or the gaming development model really is just broken as hell.
Hank Scorpio
Member
Dat loss though wtf
DarkLordMalik
Member
If they can port it to iOS/Android, it can definitely reach the number. No joke.
DarkLordMalik
Member
I said Damn!!!
AgentChris
Member
Were dat GTAV DLC at?
TrebuchetGames
Member
Amazing number... but yes i am surprised that 2K are still making a loss.
I think Mafia should be announced at E3, they did move production I think from Poland to USA and restarted it at one point apparently... but it should be right pretty much down the line by now.
I think Mafia should be announced at E3, they did move production I think from Poland to USA and restarted it at one point apparently... but it should be right pretty much down the line by now.
Tell me about it!
Wtf was up with all the background noise. I swear I heard like police sirens and stuff.
Now gimme that transcript haha
Steverulez
Member
Probably got a lot of big budget games in production: 2/3 at Rockstar(?), Mafia 3, new Bioshock, new Borderlands, Battleborn, NBA, WWE plus anything else going on means they're in a position of spending a lot of money and waiting for them to come to fruition and be ready for release
Save 'N Quit
Banned
Sees 52 million for GTA V
Wow
Sees lost $243 million
HOW
Wow
Sees lost $243 million
HOW
ArkhamFantasy
Member
I dont understand how they lost money if they sold all these games?
Welfare
Member
We are clearly seeing what happens when GTA 6 starts development.
agiantenemycrab
Member
How does a company sell that much product and still lose money? Can anybody help explain this to me?
Duxxy3
Member
My guess is that they have RDR2, Bioshock 3, Borderlands 3 and GTAVI/V expansion all in development.
GifGafIsTheBestGaf
Member
that's at least 17M+ customers that triple dipped!
but seriously, it aint that surprising when you make the game of the generation. hopefully, we see RDR-Remaster or the sequel sometime soon.
but seriously, it aint that surprising when you make the game of the generation. hopefully, we see RDR-Remaster or the sequel sometime soon.
Holy fucking shit
Can't be bothered to read the results in detail but I sure hope there's a good reason they made a loss given those GTA sales alone.
As for Evolve the online community strongly implies the majority of sales were low price point and the majority of owners ditched the game pretty quickly. 2.5 million units for an online only game should result in a far healthier community than there is IMHO.
As for Evolve the online community strongly implies the majority of sales were low price point and the majority of owners ditched the game pretty quickly. 2.5 million units for an online only game should result in a far healthier community than there is IMHO.
Reallink
Member
260 million should be enough to develop ALL of those games in FULL, not accounting for marketing.
Seriously. Even after taking retailer margins, development cost etc. away from that number it should have been easily over $1 billion in income from GTA V alone. What did they do? Write off development costs for all their titles in the next 5 years?
You hear that thud? That's my jaw meeting the floor. Fucking hell.
Bluekaveli
Member
Yes GTA VIce City will end the world. Mainly if I don't get it because I'm going to beat some ass if I don't.
Zombie James
Banned
Voysa Reezun
Banned
People have probably said this before (I just scanned the thread), but they probably have costs on games in development that outstrip revenue. New WWE. new NBA, new entry into one of their IPs, Rockstar is doing GTA DLC and, who knows, might be planning the next Red Dead or Bully, etc.
That is so absurd that I almost can't believe it.
Duxxy3
Member
RDR2 has likely been in development for 5 years. Bioshock would require rebuilding of the team. Then normal development on the others.
Take two makes it big and then bets it even bigger. It's their way.