in

GTA V critical for finances

We have known that Grand Theft Auto 5 has been in development for a while, so hearing that Take-Two made a loss in the millions last quarter only shows the need for GTA V to get a release date as soon as possible. The loss reached $10.8m and included development for GTA V, and what some people call bad launches for Max Payne 3 and Spec Ops: The Line. Does this now mean that GTA V takes on extra pressure for Take-Two and Rockstar?

If you have no idea why finances are being brought up, it’s probably a good idea to listen back to Take Two’s investor’s call which took place yesterday. Unfortunately, we didn’t get the crucial release date that the whole gaming community is patiently waiting for and deserves, but we did hear a brief glimmer of hope when Take-Two conceded that GTA V is making substantial progress.

It’s fair to say that we all knew Max Payne 3 would play second fiddle to GTA V and the overwhelming demand for the game seems to have negatively impacted on Rockstar’s financial expectations for the game. Max Payne 3 may have underperformed, but we doubt Rockstar will be too concerned since GTA V is inevitably going to bring in mega bucks for Take-Two.

We’d even go as far to say that GTA IV’s one day milestone of 3.6 million copies sold is up for the taking – although Activision may have something to say about that when they unleash Call of Duty: Black Ops 2 on November 13. Is GTA V now even more important for Rockstar now that Max Payne 3 has bombed?

Talk about putting all of your eggs into one basket. Let us know your thoughts after Take-Two’s investor call. Are you disappointed that we still don’t have a release date and surprised that Max Payne 3 didn’t perform so well?

Written by Alan Ng

Alan has been working for Product-Reviews since 2009 and became the Editor-in-chief in 2014. He has a passion for technology, the latest mobile phones and gadgets, and the gaming industry. Alan is a graduate of Canterbury Christ Church University and completed a B.A in Commercial Music in 2008. While expressing a keen interest in all areas that PR cover, you'll usually find Alan in the gaming section, where he'll be keeping enthusiasts up to date on all the latest news and reviews for consoles and PC.

Contact Alan Ng: alan@product-reviews.net

33
Leave a Reply

avatar
14 Comment threads
19 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
28 Comment authors
Enga LandHervey_13Westknox705Disgruntled GTA 4 playerDJKrispyK Recent comment authors
newest oldest most voted
Hervey_13
Hervey_13

I never played max payne, all I care & most people care about is red dead redemption and gta,As long rockstar San Diego & North make it a good,perfectly & clean professional development, We have to wait as long as it takes, the good thing is that, it will come out soon.

Westknox705
Westknox705

It will be worth the wait if Rockstar can give us a good quality game. Gta  4 had lots of problems -including the direct input issue with controllers.Hopefully problems will be solved before release.

DJKrispyK
DJKrispyK

I’m actually ok with them not releasing much info. Personally it keeps me more interested in the game. CoD for instance, now that we know so much about the campaign, new info won’t catch my attention as much. With R* keeping quiet, it has me constantly checking for new info and when they releas it, i will absorb every bit of it and build more anticipation for them to release more.

Beezleboss
Beezleboss

They’ve done it backwards. Rockstar would have done better if they released Max Payne 3 before even mentioning Gta. The hype gta has created led people to just about ignore max payne and in turn hurt their sales.

Also while its a frustrating marketing technique I’m sick of hearing people say they aren’t going to buy gta because there has been an information blackout. Don’t kid yourself, when it comes out you will buy it.

Butthead
Butthead

just noticed something. The official IV trailer on YouTube has 1.6 million views to date. The V trailer has 20 million to date. IV is over 4 years old and V obviously hasnt come out. Me thinks V will be the mother of all releases 

jeterboi
jeterboi

Love gta an I’m going to gt the new 1 regardles

What12311
What12311

The longer the wait, the better, it means it is gonna be a higher quality game in all aspects, sure I wanna play but it is gonna be worth the wait

Sincere
Sincere

GTA 5 IS the most important game to R* and Take-Two now. unfortunately, the information blackout is driving people to get other games such as AC3 and Sleeping Dog and the longer R* and TT maintain this info blackout, the more people will begin to think “screw GTA 5”, the less people will have the money to afford GTA 5 and eventually, r* will lose a hall of a load of money. i will be blunt here and i will say, i wont be getting GTA 5 for these reasons: 1, GTA don’t seem to care about their fans enough to give… Read more »

Ozsystem82
Ozsystem82

Waiting for a GTA game is longer than waiting for the next world cup or olympics to come around 4-5 years currently it’s very poor. GTA is their flagship money maker yet way too much energy is put into other projects. COD is out every year making serious £££ don’t release GTA every year but don’t wait 4-5 it’s commercial suicide.

Sharpz
Sharpz

F**k GTA now basicly i aint being lead along like an eager child, all about gta IV 🙂

John
John

Doesn’t matter how other games perform, GTA always needs to sell! And it will come out NEXT year. Probably around the same time as IV – October releases for GTA are over

Jovanni
Jovanni

well i called gamestop and asked the most stupid question of all… “is gta v out yet”? and i could tell it was a teenager talking. He told me the it was most likely going to be a dlc to max payne 3 because new games usually cost 60$.  if you purchase max payne 3 brand new theres a slip inside that says the rockstar pass which is 30$ and you get halph off every dlc thats out for max payne 3… maybe gta v will be sold for 30$ to people who have the rockstar pass but in the end your really paying… Read more »

Legion
Legion

Am i surprised that Max Payne didnt do so well… in a word no.  No-one cares about any other R* game except GTA. Sorry to burst your bubble R*. But many of us just dont care what else you do.

Rendal
Rendal

Love it

HTC Rezound ICS update is dead end on Verizon

Skyrim 1.7 patch missed a few things