Take-Two sold 65 million copies of GTA V

by Hilbert Hagedoorn on: 05/19/2016 08:44 AM | source: | 18 comment(s)

Now that's a cash-cow. Even in the last quarter Take-Two sold 5 million copies of Grand Theft Auto V. Ever since the release in 2013 (consoles saw the release first) they now have sold 65 million copies. Rockstar will soon announce which new projects the studio is working on. The numbers appeared in the released Fiscal Year 2016 results that got published.

The company expects even better reults for fiscal year 2018 (that fiscal year starts in April 2017), likely due to the unannounced products that will soon be announced (E3?).

GTA5 was released in 2013 and launched on XBox 360 and PS3 first. Incredible as it may sound, the company did not have any profit yet had a loss of 8.3 million dollars, the created revenue was 1.4 billion dollars (I kid you not).

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Humanoid_1
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#5275948 Posted on: 05/19/2016 10:06 AM

Investment into development of new upcoming games, expanding staff to cover new projects etc, would also attribute to the "loss".

Just checked on the cost. GTA5 cost, including marketing budget, $265 million to put out.

The so called loss just represents their path to even bigger profits (while maintaining staff and offices)

Loobyluggs
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#5275949 Posted on: 05/19/2016 10:10 AM

Taking a persecutory glance at that financial report, and I can see no comments regarding development cost of GTAV. If memory serves, the development of GTAV began nearly ten years ago - so where is this comment coming from?

All I can see from that report is that without GTAV, EA would have the keys to the castle by now.

*shudders*

Imagine going online in an EA-owned GTA universe...every time you shoot a prostitute and steal her money, it would actually cost you real money.

EA: finding the most fun thing to do in a video game, and then charging you for it.

Extraordinary
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