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In a recent announcement, Take-Two Interactive, the powerhouse behind fan-favourite studio Rockstar Games, has revealed plans for a significant workforce reduction and game cancellations. The move, which affects approximately 5% of its employees, is part of a broader strategy aimed at cost-cutting and enhancing operational efficiency. The compan...
Bloober Team, an independent Polish game development studio known for horror titles such as Layers of Fear and The Medium, has entered into a partnership with Skybound, the entertainment company famous for The Walking Dead. In this collaboration, Bloober will be adapting an undisclosed intellectual property (IP) from Skybound, which is recognize...
Michael Unsworth, the guy who's been weaving the stories for the Red Dead Redemption series, just waved goodbye to Rockstar Games. Yeah, you heard me right, he's been part of the Rockstar crew for a solid 16 years! Shoutout to sharp-eyed GTAForums user Rucke for catching the scoop. Unsworth slyly tweaked his LinkedIn profile to let the world kno...
Nexon is soft launching its new mobile MMOSLG, Civilization Reign Of Power developed by NDREAM Corp in Philippines, Indonesia, and Malaysia. Civilization Reign Of Power is based on Sid Meier's Civilization V, a critically acclaimed instalment of the Civilization series published by 2K; a publishing label of Take-Two Interactive. Civilization Rei...
Outriders developer People Can Fly has announced that they are parting ways with Take-Two, the publisher of its upcoming game codenamed Project Dagger. In a statement published earlier today, they revealed that they received a letter from Take-Two who terminated their agreement. However, People Can Fly will retain ownership of the IP and the gam...
Publisher Take-Two has scored a windfall in profits thanks to 2KGames and Gearbox's action RPG looter shooter Tiny Tina's Wonderlands. The company's latest earnings report said the game outperformed its expectations. CEO Strauss Zelnick said the Borderlands spin-off is "viewed as the best new franchise launch from 2K in several years". He stated...
Grand Theft Auto: The Trilogy - The Definitive Edition has performed "great" since its November release; at least, according to Take-Two CEO Strauss Zelnick. The CEO of Rockstar's parent company may be downplaying the major issues of the remaster at launch during a recent CNBC interview. "With regards to the GTA trilogy, that was actually not a...
Take-Two Interactive, a company known for just relying on its cash cow Grand Theft Auto Online for too darn long that it forgot how to publish remastered GTA games, is using all its fat stacks to buy Zynga. The Facebook game-savvy developer will be bought for US$12.7 billion. The acquisition is going to happen close during the first quarter of T...
Take-Two's Q1 earnings reveal for its 2022 fiscal year shared some highlights about its portfolio. This includes "New Iterations of Previously Released Titles". The company is planning on making remakes and remastered ports of its older games. These include: Grand Theft Auto 5 for PS5 and Xbox Series X/S A standalone Grand Theft Auto Onl...
Take-Two Interactive has reported that they experienced lower sales. For the three months ending on 30 June 2021, revenue was down 2 percent to US$813 million with net bookings down 29 percent to US$711 million. According to statistics provided by GamesIndustry.biz, net income for the quarter was up 72 percent year-over-year to US$152 million. T...
Take-Two Interactive has announced that it has acquired games developer Codemasters for US$994 million, which will be completed sometime in the first quarter of 2021. According to the official website, Take-Two Interactive Chairman and CEO Strauss Zelnick said: “We are exceedingly pleased to announce this recommended transaction with t...
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