Sunday, April 7, 2024

$50 Million – That’s What Take-Two Charges for 2 Hits!

GTA, the acronym is enough to warrant a deal worth $50 million in the virtual world. Take-Two recently revealed the cost of the content that Microsoft would get exclusively on its console post the game’s release.

Take-Two and $50 Million

This bit of information comes fast on heels of Take-Two’s recently announced second quarter results. The Chief Financial Officer Lainie Goldstein disclosed the humongous sum along with the prospective time period when we shall see content being available on Microsoft’s console.

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Lainie Goldstein said, “The first 25 is for the first episodic content package that’s supposed to go out and that is in March of ’08. That’s why it moved into current because it’s in the next 12 months. The second 25 will be for the second episodic, the episode, and that will be later in fiscal ’08.”

That’s a huge sum of money for an update for a game which was deemed to be a failure when it was initially released. Microsoft means business this time around.

Neelesh Mukherjee

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