Thursday December 7, 2023

Take-Two Reports Whopping $839M Haul

  • Take-Two Interactive Software has had no lag in success.
  • The video game holding company reported a strong fiscal Q4 2021.
2K/Design: Alex Brooks
Linkedin
Copy Link
Link Copied
Link Copied

There’s no need for a second take on this quarterly report.

Take-Two Interactive brought in $839.4 million in revenue for the quarter ending March 31, 2021, a 10% increase year-over-year. 

The strong fiscal Q4 was driven by Take-Two’s subsidiaries, Rockstar and 2K, the respective video game publishers behind “Grand Theft Auto” and “NBA 2K.” 

  • “GTA V” has sold more than 145 million units since its 2013 release.
  • “NBA 2K21” has sold more than 10 million units since its Sept. 2020 release.

Take-Two’s fiscal 2021 revenue reached $3.37 billion, up 9% from 2020’s full-year total.

Working to expand beyond NBA titles, 2K inked an exclusive partnership with Tiger Woods and acquired HB Studios, the Canadian developer behind “PGA Tour 2K21.”

However, the company’s upcoming NFL game has been delayed to April 2022 at the earliest.

That hold-up shouldn’t have too great of an impact on Take-Two’s momentum. The conglomerate plans to release 62 new titles across its properties by March 2024.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

In Light of More Player Defection Talk, PGA Tour Pens Optimistic Memo

Players on policy board look to convey sense of calm, optimism.

PGA Tour Expects To Add Another Investor To Pair With Saudi PIF

The PGA Tour is still working toward the Dec. 31 deadline.

PGA Tour's $100M Incentive Program May Be On Thin Ice

Jordan Spieth says the Player Impact Program isn't needed.
podcast thumbnail mobile
Front Office Sports Today

Why the NBA May Have Made Billions With Midseason Tournament

0:00
0:00

Featured Today

The College Football Playoff is considering rotating TV networks for the national championship game.

CFP Considers Super Bowl-Like Rotation For National Championship Game

Multiple networks could share rights to the championship game, sources told FOS.
Brett Favre
November 27, 2023

Favre Welfare Case Hold-Up? "AG’s Office Has Not Expressed Interest In Pursuing"

The DOJ interviewed Brett Favre in early 2020.
The future of the Pac-12 rests on a court decision.
November 24, 2023

The Pac-12 Plays Its Final Regular-Season Game. Then A Court Decides Its Fate.

The conference's future rests with a court decision.
Lane Kiffin
November 9, 2023

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit

FOS obtained audio of Lane Kiffin's interaction with the player behind lawsuit.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
FanDuel
Multiple Locations
Adidas
Multiple Locations
Creative Artists Agency
Multiple Locations
PENN ESPN

PENN Entertainment's High-Stakes Gamble with ESPN Bet Kicks Off on Tuesday

After his Barstool failure, PENN CEO Jay Snowden has plenty riding on a deal with ESPN.
The U.K. regulator is Microsoft's last major hurdle to pass.
August 22, 2023

U.K. Reconsiders Activision Takeover Amid Revised Microsoft Offer

Microsoft's new proposal grants cloud streaming rights to Ubisoft.
A general view as Faze Clan takes on EUnited during the Call of Duty League Finals e-sports event at Miami Beach Convention Center.
October 20, 2023

FaZe Clan, Once Valued at $725M, Sold at $16M Valuation to Jerry Jones-Backed GameSquare

The deal, closing in Q4 2023, is being characterized as a merger.
Sponsored

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
A judge denied the FTC’’s injunction request to block Microsoft’s deal.
July 11, 2023

Microsoft Beats FTC to Move Forward With Activision Blizzard Takeover

A judge denied the FTC’’s injunction request to block Microsoft’s deal.
The FTC is filing an injunction to block Microsoft's deal.
June 12, 2023

FTC Makes Another Move to Block Microsoft’s Activision Blizzard Takeover

Microsoft's $69B takeover faces scrutiny in the U.S and U.K.
Goals from the Stanley Cup Final are being shown as 3D videos on Roblox.
June 7, 2023

NHL Uses Roblox to Recreate Stanley Cup Final Goals in 3D

The Roblox activation leverages the NHL's puck and player tracking system.
Nike's .Swoosh NFTs will integrate with future games from EA Sports.
June 2, 2023

Nike NFTs to Appear in EA Sports Video Games

Nike launched its .Swoosh NFT marketplace last year.