Home Gaming Take-Two’s making a ton of money digitally too

Take-Two’s making a ton of money digitally too

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We’ve heard from EA and Ubisoft how digital earnings are beginning to eclipse those of standard retail sales, thanks to things like DLC, microtransactions and the Season passes that make them al seem worthwhile. Take-Two Interactive, parent company of 2K Games and Rockstar has revealed in its financial earnings report that it’s had better than expected earnings – and that much of that revenue came digitally.

According to their report , their revenue from digital offerings has increased by 128% over the last year; largely thanks to Borderlands 2, the Grand Theft Auto franchise, NBA 2K13, and BioShock Infinite.

Interestingly, like EA, digital revenue accounted for more than half of their income, driven mostly by Borderlands 2’s season pass and DLC. that said, don’t expect Take-Two to just start lumping in unnecessary digital offerings in all of their games.

Speaking to investors, Take-Two boss Strauss Zelnick said that digital monetising "doesn’t work for every title in the market, it doesn’t even work for all of our titles."

As a whole though, Take-Two is still making a loss, though it’s considerably less of a loss than it was making last year. Somehow though, I think when a certain title is released in September this year, they’ll be well on their way to making a monumental profit.

Still, with some of the biggest publishers starting to make more money digitally than they do through traditional means it means that finally, for better or worse, we are moving towards a purely digital distribution model for videogames.

Last Updated: July 31, 2013

20 Comments

  1. TiMsTeR1033

    July 31, 2013 at 09:31

    My wife loves those lol

    Reply

    • Sargon

      July 31, 2013 at 09:34

      What? Purely digital distribution models?

      Reply

      • TiMsTeR1033

        July 31, 2013 at 09:35

        the chocolate……

        Reply

        • That Super Twit

          July 31, 2013 at 09:39

          lol

          Reply

      • RinceJigglyboobhater

        July 31, 2013 at 09:41

        HAHAHAH! Down with his wife if that is the case!

        Reply

    • Wtf101

      July 31, 2013 at 10:08

      Twix and Berries?

      Reply

      • Trevor Davies

        July 31, 2013 at 10:46

        Very sharp!

        Reply

  2. Spathi

    July 31, 2013 at 09:40

    Can’t look at a Twix without thinking about Seinfeld.

    Reply

  3. Admiral Chief Minion 47

    July 31, 2013 at 09:42

    Dammit, hungry now

    Reply

    • John Various

      July 31, 2013 at 09:58

      I have a Checkers across the street from my work. Don’t really know if it’s worth the walk though…

      Reply

      • Admiral Chief Minion 47

        July 31, 2013 at 10:00

        What? I’d go in a heartbeat.

        I’ve not got anything close by!

        Reply

        • John Various

          July 31, 2013 at 10:06

          Okay. But not for a twix…

          Reply

          • Admiral Chief Minion 47

            July 31, 2013 at 10:08

            I’d go for a Tempo

          • John Various

            July 31, 2013 at 10:09

            Mmmm. Dammit man. What are you doing? Now I HAVE to go.

          • Admiral Chief Minion 47

            July 31, 2013 at 10:10

          • Unavengedavo

            July 31, 2013 at 10:14

            I would go for a chomp…

          • I am John's smirking revenge

            July 31, 2013 at 10:20

            Chomps are for chumps. 🙂
            Snickers…
            Mr T approves

  4. That Super Twit

    July 31, 2013 at 10:03

    Not surprised at their digital sales figures considering that we have DLC coming out on almost a daily basis.

    Reply

  5. Rock789

    July 31, 2013 at 10:07

    Sorry, but I will forever covet my little box, filled with DVD / blu-ray goodness that I can take anywhere I darn well please… I’m all for digital, but still think physical sales have their place (especially in internet-unfriendly areas of the world).

    Reply

    • Wtf101

      July 31, 2013 at 10:10

      Yup. What you said.

      Reply

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