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Published at 2:27 PM PST

Take-Two has announced their results for the three and twelve months ended October 31, 2010. The main take away from the results is the fact that Take-Two was able to achieve profitability in a year without a major new Grand Theft Auto release. This is mainly thanks to new releases such as Red Dead Redemption, Mafia 2, Bioshock 2, Civilization V, Grand Theft Auto IV: Complete, New Carnival Games and their respective DLCs. One other thing the results include is the future lineup of games from Take-Two.

Platforms Release
L.A. Noire Xbox 360, PS3 Spring 2011
Top Spin 4 Xbox 360, PS3, Wii Fiscal 4Q 2011
Major League Baseball 2K11 Xbox 360, PS3, PS2, PSP, Wii, PC Fiscal 4Q 2011
Duke Nukem Forever Xbox 360, PS3, PC Calendar Year 2011
Spec Ops: The Line Xbox 360, PS3, PC Fiscal Year 2012
XCOM Xbox 360, PC Fiscal Year 2012
BioShock Infinite Xbox 360, PS3, PC

Calendar Year 2012

Notice that Max Payne 3 and Agent are missing? When questioned about it, Strauss Zelnick responded that they don't comment on unreleased titles. Could it be an error? Could it be Max Pane 3 and Agent have been delayed beyond 2012 or is it just they don't have a solid time-frame for release? Hopefully we'll hear something soon.

EDIT: Rockstar has given the following statement to Kotaku regarding Max Payne 3:

We're still working hard on Max, and we'll have more news in the coming months.

Published at 4:50 PM PST

Last year, Take-Two mentioned when they renewed the Houser brother's contract along with other key members of Rockstar that the Housers and other key members of Rockstar were founding a separate video game company and that Take-Two would not own the company but would have an publishing agreement with the company. Today, Variety posted an article about an announcement for the company but before I could read it the article was pulled from the site. However, an RSS syndicate blog posted a brief preview of the article that mentions that the company will be named 4mm Games. The summary also mentions "...[4mm] hopes to reinvent the roll out of new titles using the Web".  By that it would imply that they are creating a Steam rival. On the other hand, I looked at the official website for the company and it says their focus is "developing online worlds that will define social gaming", which to me implies that they are working on a MMO of some sort. So at the moment, it's not totally clear yet of the focus of the company.The company has a mailing list sign up in the about section. Perhaps we'll hear something soon.

Official Website: 4mm Games
Source: Variety via Movienet

EDIT: It seems I was right about them doing a MMO. After doing more research, I found a video by Jamie King that explains the aim of the company a lot better.


EDIT 2: For anyone worried about Rockstar, don't be. No one is leaving Rockstar, not even the Houser brothers. This is more of a side project for the Housers. The day to day operations of 4mm are under the control of Jamie King who left Rockstar back in 2006 to be at 4mm full time. The title won't be Take-Two funded or even a Take-Two owned IP as Take-Two is merely just a publishing partner. It remains to be seen if Take-Two decides to publish the title under the Rockstar brand. Kinda like Prey which was owned and developed by seperate companies, but with Take-Two as the publisher which decided to publish Prey under it's 2K label. We're betting it will be.

Edit 3: When I read the contract renewal announcement from Take-Two, I assumed the Housers were involved with 4mm Games. The Variety article has since came back online and explains that Jamie King and Gary Foreman are the only two from Rockstar at the company. I apologize for making that mistake. However, just like I stated in edit 2, Rockstar is still not affected in anyway.

Published at 2:07 PM PST

Take-Two has just announced it's results for the first quarter of 2009. Below is the game listing for 2009 (Only Rockstar titles)

Title Platform
Beaterator TBA
Grand Theft Auto: Chinatown Wars DS
Grand Theft Auto IV Second Episode Xbox 360
Midnight Club: Los Angeles Downloadable
     Content - South Central Premium Upgrade
Xbox 360, PS3
Red Dead Redemption Xbox 360, PS3

As you can see, not much is different from what we already knew, however, take a note at the platforms for Beaterator. It says TBA. Could this mean that Beaterator is coming to more platforms than just the PSP? Rockstar Leeds has said before that they wanted to an Xbox Live Arcade game, could this be it or perhaps is Beaterator also going to make an appearance on the Nintendo DS?....Or could it just be a mess up? We'll keep you posted if we hear anything. Next up is the second episode for Grand Theft Auto IV. The results say the game is coming in FY2009 which ends on October 31st. We're betting that the release will be very close to the FY2009 end date.

Source: Take-Two

Published at 5:21 PM PST

At the end of 2007, we reported that Gary Dale was leaving Rockstar to become the new Executive Vice President of Take-Two. Now, just a little longer than a year later, he has announced that he is leaving Take-Two completely, but so far has not given a reason for it.

Gaming news site GamesIndustry reported:

He was considered a valuable member of the Take-Two team, and was previously chief operating officer of Grand Theft Auto house Rockstar Games.
Dale's employment with the company will be terminated officially on April 15, 2009.

Source: GamesIndustry.Biz

Published at 12:33 PM PST

Take-Two has just released the third quarter fiscal 2008 results. As expected, Grand Theft Auto IV sold well, moving over 10 million units. EA's offer was a costly offer for Take-Two as professional fees and legal expenses racked up a bill of $10.7 million. The results also bring news that may make you want to smash your computer. Midnight Club: Los Angeles has been delayed for a third time. The new release dates are October 21st and October 24th in North America and Europe, respectively. Though the thing that surprised me was that Bully for the PC wasn't mentioned in the press release or the conference call which has already been quietly announced by Rockstar.

Press Release: Third Quarter Fiscal 2008 Financial Results

Published at 3:19 AM PST

Take-Two has announced that they will be having their Conference Call for the Third Quarter Fiscal 2008 on Thursday, September 4, 2008 at 4:30 PM EDT.

From the press release:

Take-Two Interactive Software, Inc. is a leading worldwide publisher, developer and distributor of interactive entertainment software, hardware and accessories.

Take-Two's product offerings include titles for the leading hardware platforms - PLAYSTATION®3 and PlayStation®2 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox 360® and Xbox® video game and entertainment systems from Microsoft, Wii™, Nintendo GameCube™, Nintendo DS™ and Game Boy® Advance, and for the PC. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K Games, 2K Sports and 2K Play; and distributes software, hardware and accessories in North America through its Jack of All Games subsidiary.

The Company's proprietary brand franchises include Grand Theft Auto, Sid Meier's Civilization®, Max Payne, Midnight Club, Manhunt, Red Dead Revolver, BioShock, Sid Meier's Railroads!®, Sid Meier's Pirates!™, and Top Spin. Licensed brands include the sports games Major League Baseball® 2K, NBA® 2K, NHL® 2K, and College Hoops 2K.

Take-Two is headquartered in New York City, with its international headquarters based in Geneva. The Company has development studios in Edinburgh, San Diego, Vancouver, Toronto, Leeds (England), London, Novato (California), Quincy (Massachusetts), Hunt Valley (Maryland), Canberra (Australia), Camarillo (California), Bellevue (Washington), Gateshead (England), Shanghai, and Paris; product testing studios in Lincoln (England), Northridge (California), and New York; sales and marketing offices in New York, Geneva, London, Paris, Munich, Madrid, Milan, Sydney, Breda (Netherlands), and Albany (New Zealand); and distribution facilities in West Chester (Ohio) and Mississauga (Canada).

Take-Two's common stock is publicly traded on NASDAQ under the symbol TTWO.

Check back for all the information released during the call on Thursday.

Published at 10:55 AM PST

Just moments ago, Take-Two held a press event for this years E3. Unlike last years press conference, bloggers from Gamespot and IGN could actually blog about the event. Two things from Rockstar were revealed at the conference. Firstly, a new trailer for Midnight Club: Los Angeles was shown. According to Gamespot, the trailer showed "Shots of detailed street racing that were accompanied by pumping techno from French DJ duo Justice." Hopefully, Rockstar will release the trailer very soon. The second thing from Rockstar that was shown was the logo for the next Red Dead Revolver game. Neither of the bloggers went into detail about the logo. Most likely at the request of Rockstar. The next Grand Theft Auto, Chinatown Wars, was briefly talked about but no new information was mentioned.

EDIT: Gamespot has since changed their story about seeing the logo for the next Red Dead Revolver. It seems the author confused the first Red Dead Revolver logo as the logo for the upcoming sequel. My question is, how do you get them confused? If it was the logo for a squeal, you would have clearly seen a "2" next or on the logo. Go figure. I suppose the information about seeing the next trailer for MC:LA is also a "mix up".

Source: Gamespot

Published at 5:48 AM PST

Take-Two Interactive, who owns Rockstar Games, is in talks with Former EA President of Asian Online Gaming, Hubert Larenaudie, to become President of Take-Two Asia. Take-Two already has a strong holding in the Japanese market (Rockstar Japan anyone?), but they want to expand into the Asian market and create a "meaningful online game operation" while they are at it, with Hubert Larenaudie spearheading the campaign.

Hubert Larenaudie, who has worked with Vivendi Universal, to make World of Warcraft have the presence in Asia that it has now, and of course EA. He'll be working below Gary Dale at Take-Two's newly created office in Singapore.

"Hubert Larenaudie is an experienced senior executive who has successfully built or expanded Asia Pacific operations for prominent interactive entertainment and consumer goods companies," said Gary Dale. "His in-depth knowledge of the region; his skill in creating the right product development, distribution and marketing strategy for each local market; and his track record of driving growth will help Take-Two realize the tremendous opportunities in APAC."

Mr. Larenaudie added, "Many of Take-Two's franchises, such as Grand Theft Auto, Midnight Club, Sid Meier's Civilization, and BioShock are international hits, and already have attracted large and enthusiastic fan bases in markets such as Japan, South Korea and China. With the Company's portfolio of leading brands, growing sports business, extraordinary creative talent and global appeal, I see exciting potential to build a significant Asia Pacific business for Take-Two, with a particular emphasis on the online game segment of the market."

The main points for Take-Two is:

  • expanding distribution in the Asia Pacific (APAC) for the Company's interactive entertainment products.
  • developing a strong presence in Japan.
  • and establishing a meaningful online game operation, especially in China and Korea.

What does this mean for Take-Two? Are they bringing out the GTA MMO? Maybe even creating their own WoW clone?

Source: Kotaku

Published at 9:04 AM PST

Take-Two has announced that their next Stockholders Meeting will be available as a live webcast. It will only be an audio version, not video of the meeting and will not count as attendance (for those who are stockholders, legally you must be present for it to count). The meeting will be being held at the W Hotel Union Square in New York City.

Due to limitations on space, only stockholders who have proof of ownership will be allowed into the meeting. So remember your records!

Obviously the main point of the meeting will be the Electronics Arts bid and ongoing happenings between both Take-Two and EA. Two of the strongest stockholders, Oppenheimer Funds and FMR LLC both cut their holding in the company dramatically in late March showing disagreement with Take-Two's decision of not accepting EA's bid. Another topic may be Grand Theft Auto IV and it's release at the end of this month.

The Annual Stockholder Meeting will take place at 6:30 p.m. EST on April 17th, the webcast will be accessible via ir.take2games.com.

Thanks Escapist Magazine.

Published at 7:13 PM PST

Electronic Arts (EA) CEO, John Riccitiello, has stated that Rockstar is the “primary interest” in EA's bid to acquire Take-Two. This clears the speculation of the bid being based around the 2K Sports label which produces very popular sporting games. However, Mr. Riccitiello stated that 2K Sports is the “secondary consideration” or secondary interest of the bid.

The situation has been very good for Take-Two's stock as an altercation of the bid, as you can see by the chart below it spiked around the time of the bid and has been on a steady rise since.

The question of whether this deal is right or not it still floating around and still unanswered, everyone has a different opinion and really the deal could go either way. The stock holders are obviously enlighten by the bid and seem to be for it at the moment, but will it be a good move?

Our opinion; If the deal goes ahead Rockstar should split into their own parent company, really they are already set to do that. With all their studios, it's like they a parent already, but the risks and extra work that would be involved may be the down-fall of that idea. At the end of the day I guess, ourselves, we'd rather see Take-Two stay the way it is, but the way people are talking it seems like that may not be the case.

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