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

Site Statistics

Registered Members: 44,234
Forum Posts: 725,570
Xbox One Titles: 932
Xbox 360 Titles: 1,084
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 584
Original Xbox Titles: 987
Staff Reviews: 1,593
Member Reviews: 10,339
News Articles: 13,783
Screenshots: 30,135
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox Wire desormais disponible en francais
Post by oryanphine
0 Replies, 30 Views

Manette Xbox 360 Gamestop Radioactive
Post by oryanphine
1 Replies, 348 Views

Xbox One Moratl Kombat X sur Ebay
Post by oryanphine
0 Replies, 388 Views

Console Xbox 360 et faceplate Xbox 360 in package blue
Post by oryanphine
0 Replies, 324 Views

Seagate Fanfest External Drive Scorpio
Post by oryanphine
2 Replies, 428 Views

Ultimate Game Face
Post by oryanphine
3 Replies, 471 Views

Home screen customization?
Post by DJ tx
2 Replies, 506 Views

Xbox One Manette E317 en vente sur ebay
Post by oryanphine
1 Replies, 513 Views

Xbox 360 Summer Intern Celebration 2009
Post by oryanphine
0 Replies, 496 Views

Xbox One Limbo
Post by oryanphine
2 Replies, 541 Views

Anyone else feel like they hit a stalemate?
Post by DABUC
2 Replies, 628 Views

Does anyone know how to teabag 343 Guilty Spark in Halo?
Post by shrew king
3 Replies, 964 Views

Xbox One Nike Einhalb 43
Post by oryanphine
0 Replies, 864 Views

Manette Xbox 360 Live is 5ive Llamma en vente sur Ebay
Post by oryanphine
1 Replies, 947 Views

Manette Xbox 360 Live Turns Five en vente sur Ebay
Post by oryanphine
0 Replies, 729 Views

© 2000-2017 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