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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Darkest
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Joined: 2003-03-25

#5276010 Posted on: 05/19/2016 12:47 PM

I bought it on the PC on release, it was worth every penny just for the single player tbh.

Texter
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Joined: 2008-11-03

#5276012 Posted on: 05/19/2016 12:51 PM

Maybe they needed to make 1 Billion $ profit to break even, like nVidia.

kevnb
Senior Member

Posts: 365
Joined: 2011-06-05

#5276016 Posted on: 05/19/2016 12:58 PM

Since they made almost all of their money on consoles, they should think about making losses with an timely exclusive console launch. Not the best idea as it seems.

I think they made a good deal on pc, almost 100% digital sales are surely more profitable. Also for the next game they can just use denuvo.

Solfaur
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Posts: 7825
Joined: 2005-08-10

#5276087 Posted on: 05/19/2016 03:19 PM

I bought it on the PC on release, it was worth every penny just for the single player tbh.

Same here, and I have like 450 hours played. It's one of the very few games where I went for full completionist in the story mode, and I still enjoy free-roaming even after that. Online is nice as well, but at this point in time it's so riddled with cheaters that even when I play "online", I go for solo session.

Too bad that there are no single-player DLCs/expansions coming (I would gladly pay for them), they were awesome in GTAIV...

Ven0m
Senior Member

Posts: 1840
Joined: 2005-08-12

#5276127 Posted on: 05/19/2016 04:55 PM

I have no idea how they spend so much money. Perhaps the management salaries are way off, or they want to hide money from tax office.

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