John-ShepardTake-Two Interactive is doing very well, thank you very much.
The company already reported their yearly results but they figured they'd reiterate the good news : thanks mostly to last year's popular Red Dead Redemption , Take-Two's net revenue hit $1.14 billion, which is 49% higher than the $763 million they earned during the same period last year, and as for profit, net income came in at $48.46 million for the year. Last year, they lost $123 million. Quite the contrast, yes?
They also confirmed that RDR has now sold over 8.5 million units, although we don't yet have initial sales estimates for the recently released L.A. Noire . On top of which, Take-Two has extended their contract with the publishing label's creative team consisting of Sam Houser, Dan Houser, and Leslie Benzies. The renewal is on a "long-time basis with largely similar economic terms." They've also entered into a new management agreement with ZelnickMedia; if approved by the shareholders, Karl Slatoff will go forward as Take-Two's chief operating officer.
So all you publishers who want a piece of Take-Two…you might have to wait a while. Lastly, Slatoff confirmed that both Agent and Max Payne 3 are still in development, although we don't have estimated release dates just yet. The end result? It's all engines go for Take-Two.
Related Game(s): Max Payne 3 , Agent