author: Aleksandra Dziwinska
From RDR2 to The Outer Worlds; Take-Two's Record Quarter
Take-Two Interactive released its financial report for Q1 2021 and boasted really good results. The list of winners includes RDR 2, GTA V and NBA 2K20.
Take-Two is a big company. It owns Rockstar, 2K Games and Firaxis. Grand Theft Auto V, Red Dead Redemption 2, as well as the Sid Meier's Civilization series are all good franchises, but, especially in the case of the first title, their launches took place a long time ago. So it would seem that the best sales times are already behind them. Nothing could be further from the truth. This financial quarter (April 1 - June 30) brought record results.
The coronavirus pandemic has had a special effect on game sales. Most of the profits come from digital distribution. The company generated revenue of $831.3 million, of which $726.2 million is due to digital editions of games. This resulted in a net profit of $88.5 million. The most profit was made by Grand Theft Auto Online, Grand Theft Auto V with 135 million copies, NBA 2K20 with 14 million copies, Red Dead Redemption 2 with 32 million copies and Red Dead Online. The following places were taken by Borderlands 3 - 10.5 million copies, Sid Meier's Civilization VI and The Outer Worlds with 2.8 million copies.
Noteworthy is the fact that the Rockstar and 2K Games have allocated 5% of their profits from microtransactions in games to charity. Over $15 million was raised.
Despite these delightful results, a black sheep appeared in the Take-Two family... T2's CEO Strauss Zelnick, in an interview for GamesIndustry.biz, described the results of Private Division - the publisher responsible for The Outer Worlds among other titles - as "a little disappointing". Despite this disappointment, the publisher was entrusted with titles from Moon Studios, League of Geeks and Roll7.
