Who probably spent their $50 million better: Microsoft or Sony?

[dbot]

Bitmap Frogs said:

But T2 will have to repay those 50M$ from the DLC revenue.

I think this may be part of the confusion.  Take Two removes a 25 million dollar liability from their books when they deliver each episode to MS.  They don't need to wait to see what the sell through is.  In fact, there is no indication that Take Two will participate in the revenue at all.  The repayment is the delivery of the software, there is no cash repayment.