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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 comes from game sales, in-game purchases, and licensing their intellectual properties. Take-Two aims to excel in the interactive entertainment industry while ensuring a positive workplace 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 56 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 56 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Take Two