100°

Edinburgh games firm Rockstar North reports £12.6m loss

Rockstarturk: The makers of the Grand Theft Auto games series made a pre-tax loss of more than £12.6m last year. Edinburgh-based Rockstar North listed £11.5m in exceptional items during the year to the end of March 2012, in accounts filed at Companies House.They included revenue adjustments on transfer pricing, which some firms use to account for revenue in different tax regimes. In the previous 17-month accounting period, Rockstar made £5.4m in profits. Turnover in the 12 months to March was just over £18m, compared to £25.8m over the previous 17 months. Rockstar, which spent £22.2m on research and development last year, is due to release Grand Theft Auto V in the spring.

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iamnsuperman4126d ago

No real surprise here is they are developing GTA V and not releasing other games

Anonagrog4126d ago (Edited 4126d ago )

That was primarily R* Vancouver, not North.

Additionally, I think it's North who are working as lead on 'Agent' too, if I'm not mistaken.

iamnsuperman4126d ago (Edited 4126d ago )

"Development is led by Rockstar Vancouver in collaboration with the New England, London and Toronto studios" (from Wikipedia)

Rockstar North didn't really lead the development of Max Payne. They may have helped (even though it isn't listed there) but it was the Vancouver branch who did it

@Dogdirt2000 I do not think Agent exists anymore.

modesign4126d ago

im suprised its not higher, im sure they will be profiting once GTAV releases

FarCryLover1824126d ago

I doubt that they care when they'll be making over 1 billion in profit in sales in 2013.

4126d ago Replies(1)
3-4-54126d ago

Yea It costs money to make GREAT games.

They lose 12 million but 1 month after GTA V releases they will have made well over 100 million.

160°

GTA 5’s cut “James Bond Trevor” DLC was already part-shot, actor says

The GTA 5 Agent Trevor DLC episode could have been a real treat for fans on PlayStation and Xbox, before it was scrubbed sometime before 2017.

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Killer2020UK3d ago

More interested in money than giving fans what they want. Such a shame

CrimsonWing693d ago

With the amount of money they generated, I just don’t understand the scrubbing of this. It would’ve been fantastic for fans.

Profchaos3d ago

I really want to know who drove the decision to focus on multiplayer was it Rockstar or take two.

Because when online started taking off many of the studio leads began having falling outs and leading including a founder

Demetrius2d ago

Ikr mfs that greedy it's ridiculous

andy853d ago

This makes me sad. Trevor was one of my favourite characters in gaming

Demetrius2d ago

One of the reason I believe once gta 6 release, most of us thoroughly play it, enjoy the world they crafted then after that no offline support, no dlc at all

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50°

Grand Theft Auto V PC Optimized: Best Graphics Settings in 2024

Grand Theft Auto V was released on PC on the 14th of April 2015. That means the game will be nine years old in four days, and it’s still among the most-played titles on Steam. With a 24-hour peak of 145K players, it’s as popular as Baldur’s Gate 3, Apex: Legends, and Destiny 2.

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80°

The Best Open World Adventures In Gaming History

The freedom to explore large areas, approach objectives in multiple ways, and stumble across amusing distractions will always be an excellent format for video games, but some do it better than others. To celebrate the formula and parse the best from the best, have a look at the best open-world games of all time so far.

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