Key Takeaways
- Take-Two is assured of their future on account of various IPs and capital allocation.
- Take-Two believes they’ve the very best assortment of owned IP within the gaming trade.
- Grand Theft Auto franchise is a big a part of Take-Two’s success and gross sales.
Given the rising value of growing AAA video games, extra studios are seeing layoffs and even closures. Which means that not solely are we sure to see fewer video games being launched, however the variety of firms prepared to danger big chunks of cash to finance AAA video games may even lower.
This was one thing funding agency Baird questioned about as nicely, and one thing analyst Colin Sebastian requested Take-Two CEO Strauss Zelnick in the course of the gaming big’s quarterly earnings name. Primarily based on Zelnick’s response, it isn’t one thing they’re overly involved with, given he believes Take-Two as an entire is well-positioned going ahead. In Zelnick’s eyes, they’ve the very best assortment of owned mental property (IP) in all of gaming.
Take-Two Boss Strauss Zelnick Says They Have the Greatest IPs In Video Video games
As we speak, we discover ourselves the No. 2 pure play within the trade worldwide, and we expect we’re extremely well-positioned going ahead, first due to our technique of making an attempt to be essentially the most inventive, revolutionary, and environment friendly firm within the leisure enterprise. And secondly, as a result of now we have this terribly various portfolio that covers all bases within the interactive leisure trade, pushed by owned mental property.
The truth is, we’re fairly positive now we have the very best assortment of owned mental property within the enterprise. We predict that is a recipe for fulfillment. If we get it proper, our earnings energy ought to allow us to develop additional. And what we have at all times stated is we have used our capital first to help natural development; secondly, selectively to help accretive inorganic development; and third, to return capital to the shareholders on favorable phrases.
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With Take-Two Interactive house to such notable studios reminiscent of Rockstar Video games (Grand Theft Auto, Purple Lifeless Redemption), 2K Video games (NBA 2K, Borderlands, WWE 2K), and much more, it is onerous to argue with Zelnick’s assertion. That stated, with Microsoft now proudly owning Activison-Blizzard, the Name of Obligation franchise alongside Blizzard’s host of gaming franchises may rival that of Take-Two’s, and that is not even counting Bethesda’s properties.
However when it comes to 1:1 gaming properties, there isn’t any denying that Take-Two has the largest one in all ’em all within the Grand Theft Auto franchise. It is most likely the one collection in existence that Activision’s Name of Obligation will not need to go head-on in opposition to. Talking of GTA, on the identical earnings name, Take-Two revealed that Grand Theft Auto 5 has now offered 205 million models up to now.
In case you have been dwelling below a rock the previous yr, Rockstar has set its sights on 2025 because the yr we’ll see Grand Theft Auto 6 be launched. It may be secure to say that extra data will probably be damaged as soon as it is out, and very like its predecessor, count on it to promote for years to return.
- Launched
- September 17, 2013
- Engine
- Rockstar Superior Sport Engine
- ESRB
- M For Mature 17+ on account of Blood and Gore, Intense Violence, Mature Humor, Nudity, Robust Language, Robust Sexual Content material, Use of Medication and Alcohol
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