NEWS - Tuesday, June 8, 2010


Red Dead Redemption Sells More than 5 Million

Things are looking up for Take-Two. As part of their second quarter fiscal results, the publisher announced that Rockstar’s western has sold more than five million copies.
Red Dead Redemption’s success has gotten the third quarter off to a fast start, prompting Take-Two to increase its projections for the rest of the fiscal year. The publisher is also coming off a strong second quarter, which saw a 54 percent increase in revenues driven by sales from BioShock 2 and MLB 2K10.

CEO Ben Feder chalked up the publisher’s success to the "successful diversification" of their portfolio, citing Civilization V, NBA 2K11 and the just-announced New Carnival Games as key games for the rest of the year.

Grand Theft Auto IV also continues to do well for Take-Two. Some two years after its release, the sequel has managed to sell more than 17 million units.

Nevertheless, the company still expects to post a loss, albeit narrower than originally thought. With stronger-than-expected revenues, Take-Two expects to post a loss of between 10 and 30 cents per share, compared to the original projection of 40 and 60 cents per share.

With Take-Two chairman Strauss Zelnick reportedly calling Red Dead Redemption an "important new franchise" during the financial results (via G4), it looks like a sequel is very possible.

 


Source: http://www.1up.com

Comments

Latest News





Project CARS delayed until March 2015

Project CARS delayed until March 2015If you’ve been waiting for a more technical, simulation alternative to Forza Horizon 2 to play on Xbox One this year, it looks like it will be limited to Forza Motorsport 5 for the time being.




See News Archives

Top Community Gamerscores

1. Variation-XBA - 100,386
2. Symmetrics Love - 58,007
3. Enamelized420-XBA - 49,125
4. Silent-XBA - 41,592
5. thAshAdyOne - 39,451
6. oryanphine - 37,816
7. Roujin-XBA - 36,683
8. Kamshaft-XBA - 35,329
9. GameGodX3 - 10,460
10. BigJosh359 - 10,255
11. LiLJoe608 - 4,235
12. pierrevincy - 3,030
13. Sam-XBA - 2,160
14. tsrdawg - 35
15. shrew king - 0

Community Forum Activity

Everything just feels lost
Post by XxIcedaddyxX
1 Replies, 124 Views

Xbox Playdates Canada - Destiny Xbox One Playdate tonight 8pm EST
Post by Kiesey78
0 Replies, 171 Views

What are you thankful for?
Post by Symmetrics Love
1 Replies, 189 Views

D4: Dark Dreams Don't Die
Post by thAshAdyOne
0 Replies, 207 Views

Swedish Xbox 360 Console Launch Faceplate
Post by Snuzz
0 Replies, 337 Views

What's your Destiny
Post by Enamelized420-XBA
4 Replies, 542 Views

Tuesday September 23rd Gears of War 3 playdate 8-11 Pm Est.
Post by Kiesey78
0 Replies, 519 Views

Netflix has expanded to 6 new countries today.
Post by AndrewJack
0 Replies, 499 Views

Destiny for xbox one playdate tonight
Post by Kiesey78
0 Replies, 543 Views

Xbox Playdates Canada
Post by Kiesey78
4 Replies, 783 Views

Finally MKV playback on Xbox One!
Post by Kamshaft-XBA
5 Replies, 1057 Views

Nouvelle Manette Officielle Xbox 360 "Arctic camouflage"
Post by oryanphine
0 Replies, 852 Views

Destiny Beta
Post by thAshAdyOne
3 Replies, 1019 Views

Xbox One edition spciale Halo masterchief collection et Forza horizon 2 a gagner
Post by oryanphine
3 Replies, 1329 Views

XboxAddict.com is 14 years old this week!
Post by Kamshaft-XBA
12 Replies, 1645 Views

Site Statistics

Registered Members: 58,389
Forum Posts: 739,082
Xbox One Titles: 76
Xbox 360 Titles: 1,077
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 583
Xbox Titles: 847
Staff Reviews: 1,305
Member Reviews: 10,339
News Articles: 12,456
Screenshots: 27,219
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706
© 2000-2014 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics