Take-Two reveals EA bid cost, earnings breakdown

Havent EA got enough money? EA obviously want more if they wanted to buyout TakeTwo, GTA IV sold quite well

Lol well if they're really hitting it with the costs of the EA take-over, I'm sure microsoft payed a pretty price ti get exlucisve DLC for GTAIV. Only thing that annoys me is that its free for PC users.

Gamer1729 what are you talking about. The PS3 had more games released last year from Take-Two meaning some of the other games had to make up some of the total.

"$347.0 million from PlayStation 3 games, $281.5 million from the Xbox 360, and $112.0 million in Wii sales" to me implies there is something really worng with GTAIV exlusive content on the Xbox 360.

Yay! Take that, EA! Oh, if only they hadn't taken over BioWare... You know thae scary thing is that if EA had succeeded The Elder Scrolls V could have come out with an EA badge... AHHHHHHHHHHHHH!

I agree with VenomRitual; EA ain't a bad publisher, it's just with them trying to swallow up some really good developers (T2, Bioware), just goes to show that EA couldn't make a good game for themselves if they tried. They used to be alright....

hahahaha, not profitable to publish on ps3 eh? what now brown cow?

Hoo-ray for teh moneyz!

PS3 FTW??? Lmaoo oo boy let me hear it? NAU ftw as out dollar will suck for years to come.

11.1 million cost that they didn't plan for. ugh EA. great publisher, but this defenitely cost you karma

the 360 is an very nice system and i have every game 2k and rockstar makes on it .. thx you for making games i LOVE 2K .Now only if they could get that NFL deal on the Table Agian ...

@angelcage-2: ps3 have exclusive dlc for bioshock - what more do you want?

So, PS3 gives them more money that 360, but Still, ps3 orners don't have any sign of DLC.... way to go Take Two.

actually this is a good thing (for us of course) because it will mean more games and much more refined material over the next year

Guys, keep in mind the operating year of interest. The higher PS3 revenues may very well be explained by titles such as BioShock (by 2K games, a subsidiary of T2 as is Rockstar). BioShock on X360 (and PC) released more than a year prior to the (recent) release on the PS3. In other words, BioShock's sales in this period may predominantly accrue from the PS3 and consequently boost T2's earnings attributed to that platform. All in all, further digging must be done before firm conclusions can be drawn about the data on T2's revenues. (Hmmm........At the same time no other BioShock-like examples come to mind........Anyone?)

their profits only prove microsofts numbers aren't right, and goes to point there are actually more PS3's in use. i suspect microsoft has been upping it's sales numbers thanks to the red-ring-of-death, and microsoft is stuck with 5million defect consoles they add as being in use (while not only take2's sales show there are already more PS3 actually in the hands of users)

I'd like to see a story about EA's stand on maintaining League and player licences. As stated in another artical about EA looking to change the way the consumer views them as a company, EA seemed to be disheartened by the rising cost of Sport licences. I wonder if there might be a change to the way they do buisness to include or maybe adapt a partner ship in owning these licences. Split the cost and bust their butts to get the consumer dollar, while maintaining a matching price point as to not create annomosity with a prospective licence partner.

Why is it ok for Blizzard to monopolise the game industry but not EA? seriuosly, Take-two will prop be bought at some point, only question is by whom? Blizz or EA?

it is better for us (costumers) if take-2 continues to work independatly, it encourages both rivals to make their games better than the other, furthermore, we would get the both of sides if they do not merge.

CMakaCreative, And if it goes down to $4.25, you've just lost half of your money. Don't bet on this stock unless you've got some extra Christmas cash that you wouldn't mind losing if worse comes to worse.

Well, at least that attempt on monopolizing the gaming industry failed. Probably only 200+ more attempts on EA's behalf to go. Still, it dealt a massive blow to EA's share prices, which will hopefully get them to reign in their expansionist tendencies a bit.

1. Consolidation of game companys is bad. More competition means better games. 2. A 1$ salary? Zelnick must be getting loads of money from his media company. 3. The PS3 probably outsold the 360 due to the fact that the PS3 doesn't have very many good games. So when a good one does come out, everyone gets it, unlike the 360 where people have to divide their money and prioritys. Not being a fanboy. Just saying it how it is.

With their stock at $8.50, it could be a steal to start getting TT stock. If it bounces back to at least $17 a share, you just doubled your investment.

MAKE ANOTHER APF GAME!!!! i cant wait until nfl 2k makes its triumphant return. madden has destroyed football gaming and im bored.

Some of you may be right about them selling more copies of GTA IV on the 360, but that may be domestic numbers, not international figures, where console sales may be shifted toward the PS3 over the 360. Notice in the last paragraph that 43.5 percent of the TT"s annual take came from outside North America, which could be the reason PS3 sales came out ahead. Otherwise, there are numerous fees and such that get paid to console makers so their games can be featured that we may not even be aware of. Of course it's only a theory of mine.

Jmartin More copies were sold on 360 than PS3.

It's interesting. PS3 owners were hurting for a killer app in april. So more PS3 owners went out and bought GTA4. 360 owners were still playing Halo3 Bioshock, Mass Effect, Lost Oddyssy, and other, at the time, exclusives.

@ ItchyIsVegeta, EA wanted to buy Take Two so they could kill off 2K games. Then they wouldn't have to pay the NFL for exclusive rights anymore and they would get the exclusive rights to MLB. EA buying Take Two would have been a bad thing for competition. We never would have seen another 2K sports game again.

wait i thought 360 outsold ps3? i thought it was like a 55% to 45% margin between the 2 systems? unless it sold more in the long run...

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The numbers seem backwards for the consoles. Didn't GTAIV sell more on the 360?

more so what im trying to say it TT owns 2K which is EA's biggest competitor

DS GTA FTW!

green, take two and EA are the only companiespumping out major league sports games yearly EA would love a monopoly on that wouldnt they?

Whatever motives EA had to attempt a take over I'm glad it stopped. If Rockstar or Take-Two ever gets bought out I'd stop buying their games right then. I never want to see another logo next to GTA other than Rockstar and Take-Two.....

On another perspective, this tells me that Rockstar is confident that their shares will be worth a lot more than $27.95 in the near future. I'm sure they have a lot of cool stuff in the works.

Well said ChronoDeus.

I'm rather surprised at TT's profit margin. On revenues that big, to only be dragging 10%-ish in profit, on a traditionally high value added product, you've gotta wonder how they're managing to incur so many expenses. I'm all for diversity in publishing (because it should mean that the consumers win) AND I haven't been the hugest fan of EA in the past (I'll wait and see if their new 'quality of quantity' theme sticks) but it certainly does seem like TT is being mismanaged to some extent. Merger or not, I'd hate to see them go under, so I hope they don't tank and become easy pickings for a hostile takeover.

"Once EA walked away, though, the bottom dropped out of Take-Two's share price, which was below $8.50 as of press time." Umm, this comment doesn't really accurately reflect reality. Once EA walked away, Take-Two's stocked dropped to a little below what it was before the offer, while EA's continued to drop from it's own high points. Then the economy went to hell, and stock market collapsed a few thousand points, and EA's stock crashed way down really quickly, while Take-Two only had a slow stead decline with nothing really dramatic happening until until this. In short Take-Two's stock is down due to the economy sucking, not because they refused to be bought out by EA.

Man, I'm starting to wonder if EA never planned to buy Take-Two at all.. I mean, what better way to kick a competitor right in the 'nads than to skyrocket their stock, then have it plummet down towards the earth. Sounds like a episode of DBZ...

The guy tanks the stocks while quashing a takeover bid, costing the company $11 million and he gets $2.5 million in fees? I need that job! Here - I'll waste your money, and lose your money. Then you pay me for it.

ok...

@ khai411 Excellent question. I've been wondering that myself. It could be that, or it could be Sony lowered their licensing fees?

Nice News

I was kinda hoping they would get bought out. Im a big fan of the old NFL 2K games. This would put them in the position to make future NFL 2K games, with EA holding exclusive rights.

whoa, $1?!?!??!?

daaaamm.. just $1 in annual earnings?

Strange, EA and T2 earn more from their PS3 games even though they usually sell less there. I would think the blu-ray's production costs would warrant a lesser gain on the PS3. Is there a possibility that the X360 fees are much more?

I really wouldn't care if EA bought Take 2 anymore to be honest. 2k Sports' games aren't that good. I'll take NHL 09 over NHL 2k9 any day of the week... and other than that series, I don't like EA's sports games. They are far too stiff. Still better than 2k's games, though. And as far as Rockstar is concerned, they released their best games years ago.