Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
San Diego, CA 08/21

Regularly scheduled events

Take-Two Financials, Rockstar Deal Extended

Take-Two Interactive Software announces fourth quarter and annual financial results, saying: "For the twelve months ended March 31, 2011, net revenue grew 49% year-over-year to $1.14 billion. GAAP income from continuing operations increased to $53.8 million, or $0.62 per diluted share, as compared to a GAAP loss from continuing operations of $108.1 million, or $1.39 per share, for the year-ago period. Non-GAAP net income increased to $94.3 million, or $1.02 per diluted share, as compared to a Non-GAAP net loss of $65.9 million, or $0.85 per share, for the year-ago period. Non-GAAP net income excludes certain non-cash and non-operational gains and losses identified on the attached reconciliation of GAAP and Non-GAAP measures." They also announce they've extended their deal with Rockstar and made a new deal with ZelnickMedia:

In addition, the Company announced that it has extended its long-term employment agreements with key members of the creative team of Rockstar Games, its wholly-owned publishing label, and has entered into a new Management Agreement with ZelnickMedia.

Also, though there's no apparent reason for thinking the games were cancelled, Eurogamer reports that during the post-earnings conference call, Take-Two CEO Strauss Zelnick confirmed that Max Payne 3 and Agent are still in development.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Europa Universalis IV Rights of Man Announced
Deus Ex Mankind Divided Reviews
Umbrella Corps Adds Content
Morning Consolidation
Morning Metaverse
Morning Tech Bits
Morning Safety Dance
Morning Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Depth Free Weekend
Deus Ex: Mankind Divided Trailer
Overwatch Animated Short
Warhammer 40,000: Armageddon - Da Orks Released
Paragon's Narbash Next Week
Shiness: The Lightning Kingdom Trailer
Evening Patches
On Sale
  

 



footer

Blue's News logo