no img no img

Write what you are looking for and press enter to begin your search!

live-news-icon

Live News

Asia Gaming Beat: 10 May 2025: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // PUBG Mobile Goes Full Steampunk & Titan-Sized With Version 3.8: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Death Stranding 2 Special DualSense PlayStation 5 Controller Announced: In an intense match, the Lone Wolves came out victorious. Read all about the big night here

Take-Two CEO Comments On Decreased Sales & Company Culture

Take-Two Interactive has reported that they experienced lower sales. For the three months ending on 30 June 2021, revenue was down 2 percent to US$813 million with net bookings down 29 percent to US$711 million.

According to statistics provided by GamesIndustry.biz, net income for the quarter was up 72 percent year-over-year to US$152 million. Take-Two The publisher credited GTA V, GTA Online, Red Dead Redemption 2, Red Dead Online, and Borderlands 3. They are the parent company of Rockstar Games, 2K Games, Gearbox Software, and more.

In a statement, Take-Two chairman and CEO Strauss Zelnick said:

“We’re gratified to see that as we expected, post-pandemic demand was higher than pre-pandemic demand, and the moderation we expected was not as severe as we expected.

As we hopefully get out of this difficult time; it’s hard to know given what’s going on with the Delta variant, it’s nice to see the new normal for our business is much stronger than the old normal.

We’re bringing 20 titles to market this year, and we expect to bring roughly that amount for the following two years.

And we expect to set records again starting in fiscal ’23.

I can only really talk about us.

Our culture is one of inclusiveness, common decency, mutual ambition for success, transparency, honesty, and kindness.

And everyone in the firm knows that.

If people have concerns, they have direct access to me, and everyone in the company knows that as well.

When issues raise themselves; and of course, with 6,800 people there’s always an opportunity for a misunderstanding, we address it at the highest level.

We make sure that we make things right to the best of our ability.

We think we as an industry and we as a company can of course do more.

We have an exceedingly diverse board at our company, and have had for a very long time.

We’re proud of our record, and at the same time we don’t rest on that.

We know there’s always more to be done.”

GTA V surpassed 150 million units shipped, with GTA Online‘s players increasing 72 percent in the past two years. Red Dead Redemption 2 has surpassed 38 million copies, while Red Dead Online has grown its player base 18 percent in the past two years.

NBA 2K21 and Civilization VI have now shipped more than 11 million copies each. Civilization VI has officially surpassed Civilization V at this point in the game’s lifecycle.

Related News

Moon Knight Hot Toys Looks Like He Was Sent By Khonshu Himself

We've only received two episodes of Moon Knight on Disney+ Hotstar and Hot Toys have already announced a new collectible figure of the Fist Of Khonshu...

Latest Your Friendly Neighborhood Spider-Man Episodes Introduce Both Iconic & Obscure Villains

The third, fourth and fifth episodes of Your Friendly Neighborhood Spider-Man Season 1 are now streaming on Disney+ Hotstar. Your Friendly Neighborho...

Overwatch Halloween Terror 2021 Is Now Live

What a frightfully fun time of year! Overwatch Halloween Terror is now live on PC, Xbox, PlayStation, and Nintendo Switch! Cosmetic unlocks from pr...

Write a comment

Your email address will not be published. Required fields are marked *

Tournament Tool Kit

Latest Video

Follow Us

Recent Posts

Asia Gaming Beat: 10 May 2025
After 19 Years, The First Gears Of War Will Be Out On PlayStation Platforms
Asia Gaming Beat: 3rd May 2025
Check Out These Upcoming Nintendo Switch 2 Controllers & Gadgets From Snakebyte
Schedule 1 – Mixing Guide
Here Is Diablo 4’s 2025 Roadmap & Endgame Updates; No Expansion Until 2026
Nintendo Switch 2: All The Games Coming Out At Launch
New Ghost Of Yotei Information Unveiled; Still Slated For 2025
Path Of Exile 2 Dawn Of The Hunt: All New Loot & Support Skills Revealed So Far
Is Gaming Really A Tool For Terrorist Radicalisation? We Ask An Expert
Fatal Fury: City of the Wolves – What You Need To Know About The Upcoming 2025 Fighting Game From SNK
PUBG Mobile Goes Full Steampunk & Titan-Sized With Version 3.8
DOOM: The Dark Ages Review – Slaying Demons With Chainmail Chic
Death Stranding 2 Special DualSense PlayStation 5 Controller Announced
Happy Vesak Day: Celebrating The Best Monks of Video Games
Mafia: The Old Country Reveals New Trailer & An Offer You Can’t Refuse
Titan Quest 2 Early Access Is Delayed
Clair Obscur: Expedition 33 Gets Its First Nerf
The First Legend Of Heroes: Trails In The Sky 1st Chapter Remake Drops In This September
Hordes Of Fate Is An Upcoming Deck-Building Auto Shooter With A Demo Out This Month
Logo