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About Take Two
Industries
Consumer Software
Gaming
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1993
Overview
Take-Two Interactive Software, Inc. is a leading game publisher that develops and distributes popular video games through its labels, including Rockstar Games and 2K. The company creates high-quality games for platforms like PlayStation, Xbox, and PC, with notable titles such as "Grand Theft Auto" and "NBA 2K." Revenue is generated from game sales, in-game purchases, and licensing their intellectual properties. Take-Two aims to excel in the interactive entertainment industry while fostering a positive workplace culture and providing parental controls for gaming.
Simplify's Take
What believers are saying
- Take-Two's net bookings reached $1.47 billion, driven by strong franchise sales.
- The release of Grand Theft Auto VI is expected to boost future revenue significantly.
- Growing esports popularity offers new opportunities for Take-Two's franchises.
What critics are saying
- Legal disputes, like the PlayerAuctions lawsuit, could lead to financial and reputational damage.
- Flat bookings in the June quarter indicate potential growth stagnation.
- Delays in Grand Theft Auto VI's release could impact revenue and investor confidence.
What makes Take Two unique
- Take-Two leverages strong IPs like Grand Theft Auto and NBA 2K for market dominance.
- The company excels in cross-platform game development, enhancing user engagement.
- Take-Two's acquisition of Zynga strengthens its position in the mobile gaming sector.
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Funding
Total Funding
$2696.4M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Employee Stock Purchase Plan
Wellness Program
Commuter Benefits
Company News
Take-Two Interactive has filed a lawsuit against PlayerAuctions, alleging unauthorized sales of GTA Online assets, currency, and accounts, impacting game balance and revenue.
Inc. acquires 173 shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO).
Wealthspire Advisors LLC invests $261,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO).
Stay InformedGet Industry News In Your Inbox…Sign Up Today. Take-Two Interactive reported a 3% year-over-year increase in total net bookings for the fiscal third quarter, reaching $1.27 billion compared to $1.34 billion the previous year. That's according to its latest financials, which show that net bookings from recurrent consumer spending grew 9%, making up 79% of total net bookings
Take-Two Interactive has revealed in a recent earnings report that Rockstar is still on track to release Grand Theft Auto 6 in Fall 2025.
Take Two is Hiring for 55 Jobs on Simplify!
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About Take Two
Industries
Consumer Software
Gaming
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1993
Take Two is Hiring for 55 Jobs on Simplify!
Find jobs on Simplify and start your career today