Bioshock Infinite, Borderlands 2, Max Payne 3 & NBA 2K13 Make 19 Million Loss

Take Two’s latest earnings call included some interesting information regarding the successes of a slew of big-budget releases. Despite all the positive news, however, it still wasn’t enough to see Take Two into the black. The company finished their financial year posting a net loss of £19 million.

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-Ikon-1797d ago

Only 19 million with that Behemoth GTA 5 around the corner?

Gee I wonder if the CEO of Take Two is shaking in his boots

HammadTheBeast1797d ago

Exactly. Guaranteed 10 mill sold, potentially double or triple.

AedanClarke1797d ago

I makes me wonder how big the budgets of these games were and how much has been spent on advertising...

kevnb1797d ago

That's why I can see a huge crash coming.

AedanClarke1797d ago

It wouldn't surprise me, honestly. And I think we need one to bring out the winners from the losers. It'd likely do wonders to bring out some good companies into the limelight, at least for a period of time before they start getting greedy and such. :P

PantherDST1797d ago

$19 Million is a total loss across all TT divisions. It is not related to only the games mentioned here. I hate when writers mislead readers with slanted information to entice readers to their site.

grailly1797d ago

yeah but TT did not put out many other games than these, and I wasn't under the impression that XCOM was a fail either.

anyway they'll be fine. 19mio is not that much of a loss and GTAV is around the corner. looking at their wikipedia page though, they do have a few studios not producing anything.
a loss can be also explained going into next gen.

MilkMan1797d ago

Can you see it? A CRASH is coming.
But I have an opinion as to why I think this is happening.
In short, the casual players are leaving and by casual I don't just mean Pop Cap gamers, I mean the folks that only got their Xbox's or PS3's to play COD with their buddies.

That well is dried up.
What you have left are the hard core hobbyist, the one that have always been there. I think budgets and games need to reflect this.

And realize that the social event known as COD is dying out.

Campy da Camper1797d ago (Edited 1797d ago )

Honestly, a lot of devs are bloated and churning out the equivalent of summer popcorn movies. All flash no substance. I, for one, prefer lesser big budget affairs and enjoy movies like the kings speech. Quality acting and story married with superb writing.

Give me Journey, demons souls, little big planet, dishonored over call of duty or the later assassins creed games any day. Games such as these resonates with a gamer. I want to feel engaged in the playing. Sometimes, I find I just stop moving my character and zone out on the world. Give me that over flashy cut scenes and huge explosions any day.

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