90°

Take-Two: console transition will leave casualties

GS:GTA publisher CEO Strauss Zelnick predicts one or two third-party publishers will go out of business in coming years.

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gamespot.com
NYC_Gamer4166d ago (Edited 4166d ago )

I agree, with T2 more publishers/studios will crumble unless they learn to adapt with the changing industry..THQ was once one of the biggest publishers with a lot of profit until some silly mistakes...

Phil324165d ago

Going to bigger and more powerful consoles which means bigger and more bloated budgets certainly won't and currently aren't helping. When a game requires at least two million sales to break even, something is definitely wrong with the current business model.

NYC_Gamer4165d ago

I expect many studios who can't afford the huge budget releases to make use of the digital market

modesign4165d ago

there are alot of big titles that have low budget costs compare to a very small number that are massive, so far GTA4 is the largest budget game at 100 million, but when the game sells over 15 million copies, it has made back the budget with 600% profit.

majiebeast4165d ago (Edited 4165d ago )

Betting on THQ and Square enix. THQ is pretty obvious they killed themselves with Udraw for ps3 and 360 i think there is like a whole warehouse full of em or they been dumped in the desert like ET for the 2600.

Square enix because of the massive investment on FF14, which i really doubt is gonna pay out. The fact they keep making FF13 sequels that nobody in their right mind wants. Bad management and prioritizing of projects. The reason Square enix is alive is because of Eidos and Arkham Asylum.

animegamingnerd4165d ago

i hope THQ they didn't do much bad things this gen aside from there recent DLC'S but square enix for the fact not giving us games we're were promise at the start of this gen and giving us crap like ff 13 and 13-2

NYC_Gamer4165d ago (Edited 4165d ago )

SEGA could also be on the list due to their financial problems

Eldyraen4165d ago

Unfortunately that's probably more true than I'd like it to be. They both have some good IPs but some bad decisions and drawn out release schedules aren't helping them any. I just hope they can keep it together at least till current games release and can manage to pick up sales to stay afloat.

CalvinKlein4165d ago (Edited 4165d ago )

Square enix will not go bankrupt because they will soon just make the FF7 remake and make billions of dollars no matter how good or bad it ends up being.

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BitbyDeath4165d ago

Would be awesome if EA broke up all the studios they hold and died a horrible death.

porkChop4165d ago

THQ is already going out of business slowly. They used to be such a big publisher too. The sad part is that they make some fantastic games, and their financial problems aren't even due to their games. It's because of their poor management and decision making, I mean just look at the uDraw tablet, that alone crippled them.

One thing is certain though: Even if they go out of business, every other publisher will be fighting over THQ's studios and IP's. So their great franchises won't die. I really wouldn't be surprised if EA bought out THQ entirely.

Cueil4165d ago

wouldn't be surprised if MS didn't purchase them whole sale either... they do have a pretty heavy quantity of games and UDraw could work with Windows 8 tablets working with Xbox/NextBox

mananimal4165d ago

@porkchop

EA destroys everything it touches, any studios or development houses, IP's they come into contact with will never be the same in a very bad way.

200°

Take-Two CEO Says Competing Xbox and PlayStation Consoles Are a 'Benefit' but Not a 'Necessity'

But he's still firm that physical games aren't going away.

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nordic.ign.com
Cacabunga74d ago

Gamers have the power and they are the Ives who will decide if physical stays or not.. physical is here to stay, but good that a guy like this confirms

jznrpg75d ago

Keep up the physical copies I’ll keep buying PS and Nintendo consoles.

shinoff218374d ago

Fking word. Physical is the key. People would be surprised because the misconceptions out there but there's a sh ton of us that still prefer this route

ApocalypseShadow75d ago

One high end console has always been a benefit. The other is no longer a necessity.

Only competition there ever was, was when one launched a year to a year and a half early. Based on this generation, the other would have to launch 2 to 4 years early just to compete. Because buying a huge part of the industry, having a multiple game sleep mode, cheaper in price, smaller form factor, supposedly having better BC and a day one subscription service, has still resulted in another huge ass kicking.

Yay for physical Take Two.

Knightofelemia75d ago

I wouldn't really call it competing when a company is dead last in sales when compared to the rival company. I will always stick around for physical copies of games. Moment games go all digital is the day I bring the SNES and Genesis out of hibernation and just stick to retro.

Hofstaderman75d ago

The voice of resounding sanity.

Michiel198975d ago

looks at gta 5 monetization and NBA 2k scandal....

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120°

Grand Theft Auto V Has Sold Over 195 Million Units, Red Dead Redemption 2 at 61 Million Units

Take-Two announced its financial results for Q3 of the fiscal year on top of an update to sales figures of Grand Theft Auto V, Red Dead Redemption 2, and more.

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techraptor.net
Profchaos76d ago (Edited 76d ago )

So 2.47% of the global population have a copy of gta v no wonder they don't want to release vi there's still so many people who haven't brought v

Obvious sarcasm here

Abriael76d ago

Ha ha, we should probably count that a lot of people have 2 or 3 copies by now, for different platforms.

Cacabunga76d ago

RDR2 deserves much more praise.. game is unbelievable

KwietStorm_BLM76d ago

To think that 5mil sold is considered a huge success for any game in general, and 10 is amazing. I cannot believe people are still buying this.

Themba7676d ago

I keep saying that’s why the 7th generation was the most loved because of gta5 and Skyrim.

Demetrius75d ago (Edited 75d ago )

Well hopefully millions went to gta 6 singleplayer mode to make it extra epic but knowing rockstar nowadays there won't be a full support for singleplayer, mainly online will be the focus i bet but I hope atleast theres plenty to do in the open world and not just look good with little to nothing to do, after gta 6 ain no tellin when we will get another rockstar title even tho the mfs sucked in millions from red dead 2 as well I miss when we got more than 1 game a gen from them they always delivered, so many key staff members left not even just the well known names

630°

GTA 6’s Publisher Says Video Games Should Theoretically Be Priced At Dollars Per Hour

Forbes writes: "While Take-Two is riding high on their announcement that a GTA 6 trailer is coming, its CEO has some…interesting ideas on how much video games could cost, part of a contingent of executives that believe games are underpriced, given their cost, length or some combination of the two."

robtion163d ago (Edited 163d ago )

Yeah I'm thinking this CEO has not heard of of quality over quantity.

I think pacing is more important than game length.

outsider1624163d ago

Dollars per hour. MW3 should be 3 dollars then for its campaign.

neutralgamer1992163d ago

Exactly but that they want to charge a base $70 price. Honestly only way things will change is a major gaming crash. People say it’s not possible but history has through the greed leaves fi bad decisions and that ends up crashing the market

Too many suits who never heard of games just want to invest so they can make a profit. They rather have the least amount of development resources. So many OG R* devs have already already

bradfh163d ago

Coming from the same company that charge for Xbox360/PS3, Xbox 1/PS4, and Xbox X or S/PS5

badz149163d ago

But they care charging $63 for the MP

OptimusDK162d ago

If you only buy for the campaign

wesnytsfs162d ago

Yep and Spiderman 2 is like 10 bucks. Disappointed in both titles for their length raise prices and they shorten campaign stories.

+ Show (2) more repliesLast reply 162d ago
1Victor163d ago

Expect a mayor digital service to take this into consideration for their 15 year plans.

StormSnooper163d ago

What a greedy idiot.

I swear they are trying to push us to that with services.

I say F you GTA guy.

+ Show (1) more replyLast reply 162d ago
LordoftheCritics164d ago

Ah so that's why RDR2 opening was super slow.

Number1TailzFan164d ago

Lmao how greedy can they get, sit on piles of cash and still want more. Then they have the cheek to release half assed remasters.

Terry_B163d ago

Due to this statement I am going to wait and buy GTA 6 when it is at 20 bucks. Its not like there are not more than enough other good games to play.

ShwaaMan163d ago

I hear you, but can you even get GTA 5 for $20 unless it’s a sale or something? They have milked every ounce out of that game, and kept the price above $40 for at least 5 years after its launch.

StormSnooper163d ago

He can with a physical copy. Which is why they are pushing us to digital only future.

Profchaos163d ago

Good luck GTA v took years to get there

shinoff2183163d ago

I dont agree with him as far as sentiment but I do buy my games like that. I'll pay full price for rpgs but not a shorter game unless it's an uncharted or last of us type game(not just those literally) I'm more inclined to pay full price for a dragon quest games instead of a Alan wake or something to that extent.

jznrpg163d ago

I got a lot of hours in Uncharted playing on hardest difficulty but I get what you are saying. Callisto Protocol , Bright Menory Infinite and short games like that I will generally wait on those.

senorfartcushion163d ago

I go the opposite route. Games like Bright Memory and such I pay for full price and leave the longer games.

shinoff2183163d ago

Those couple you named are what I'd call my 20 dollar games or less. Unless it's a buy 1 get 1 then I'd try to find 2 of those types for 20 to 30

RedDevils163d ago (Edited 163d ago )

I like the way you think, I do the same. I spend 100hrs+ on RPG so I usually pay full price, single player games like Spiderman 2 I likely only spend $40.

Shane Kim162d ago

I do the other way around. I'm likely to not complete a game you have to invest hours upon hours into, that's why I wait until they are cheaper.

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