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mitsuhide said:
Found out abit more info and TakeTwo profits are way way way way down at them LOSING $1.037billion in 06 so they might need abit of pocket money by selling off some studios, just a thought and if they did this would they really R* possibly their best studio.

 Link? (I am just intressted to read about it)



 

 

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@robjoh:

It is on the "Take Two" page of Wikipedia it just says that they are down $1.037billion(as of 06) and own quite a few studios.


End of 2014 Hardware Predictions (03/03/14)

PlayStation 4: 12-15million

Xbox One: 7-10 million

Wii U: 8-9 million (Changed 01/04/2014 from 7-9 --> 8-9 million)

mitsuhide said:
Found out abit more info and TakeTwo profits are way way way way down at them LOSING $1.037billion in 06 so they might need abit of pocket money by selling off some studios, just a thought and if they did this would they really R* possibly their best studio.

And you think selling off one of the few things making any money would help turn that around? The best would be to disolve the crappy branches (or sell if they can) and focus on what actually makes them money. A one time fee right now won't stop them from loosing money in the future if they don't have their biggest revenue earner.

Besides, net losses were actually 184.9 million. Their total revenue was 1.037 billion.



To cash in my CC rewards points for $300 in Circuit City gift cards to purchase a 360 or not: That is the question.

mitsuhide said:
@robjoh:
It is on the "Take Two" page of Wikipedia it just says that they are down $1.037billion(as of 06) and own quite a few studios.

thanks!

EDIT:

That isn't a loss of $1.037 billion, that is that the revenue has gone down since during 2006 to $1.037 billion.

according to IGN they did lose 184.9 million USD for 2006, for 2005 they did have a profit of 35.3 million USD.

link:

http://ps2.ign.com/articles/769/769549p1.html 



 

 

Buy it and pray to the gods of Sigs: Naznatips!

robjoh said:
mitsuhide said:
@robjoh:
It is on the "Take Two" page of Wikipedia it just says that they are down $1.037billion(as of 06) and own quite a few studios.

 thanks!


As said, that's just stating the revenue is down from the year before.

http://www.gamasutra.com/php-bin/news_index.php?story=12946
The results released today are for the fiscal year 2006 but also include restated figures for the fiscal year 2005. Net revenue for fiscal 2006 was $1.038 billion, down from $1.201 billion in fiscal 2005 – which included the launch of the hugely successful Grand Theft Auto: San Andreas. The net loss for the year was $184.9 million, compared to profit of $35.3 million in 2005.



To cash in my CC rewards points for $300 in Circuit City gift cards to purchase a 360 or not: That is the question.

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ceres said:
robjoh said:
mitsuhide said:
@robjoh:
It is on the "Take Two" page of Wikipedia it just says that they are down $1.037billion(as of 06) and own quite a few studios.

thanks!


As said, that's just stating the revenue is down from the year before.

http://www.gamasutra.com/php-bin/news_index.php?story=12946
The results released today are for the fiscal year 2006 but also include restated figures for the fiscal year 2005. Net revenue for fiscal 2006 was $1.038 billion, down from $1.201 billion in fiscal 2005 – which included the launch of the hugely successful Grand Theft Auto: San Andreas. The net loss for the year was $184.9 million, compared to profit of $35.3 million in 2005.


 heheh I just noticed that after I post mayd a quick and dirty replay and then you are here saying the same thing, I feel so stupid.



 

 

Buy it and pray to the gods of Sigs: Naznatips!

ceres said:
mitsuhide said:
Found out abit more info and TakeTwo profits are way way way way down at them LOSING $1.037billion in 06 so they might need abit of pocket money by selling off some studios, just a thought and if they did this would they really R* possibly their best studio.

And you think selling off one of the few things making any money would help turn that around? The best would be to disolve the crappy branches (or sell if they can) and focus on what actually makes them money. A one time fee right now won't stop them from loosing money in the future if they don't have their biggest revenue earner.

Besides, net losses were actually 184.9 million. Their total revenue was 1.037 billion.


 Ah that makes more sense still 184.9million is still a big loss for such a company with so many franchise to its name.There most successful franchise is GTA which isnt even theirs they just own the studio that owns it.

Sony would be much smarter buying TakeTwo as a whole instaed of just R*,"Go to the source"then they would get ALOT of franchise exclusive and TakeTwo might agree doubt it unless the money was right.



End of 2014 Hardware Predictions (03/03/14)

PlayStation 4: 12-15million

Xbox One: 7-10 million

Wii U: 8-9 million (Changed 01/04/2014 from 7-9 --> 8-9 million)

I seriously doubt this is happening. If, however, this did happen then that would be MASSIVE for Sony.

I will wait for confirmation from Sony or Take-Two though, as it sounds too good to be true for Sony.



Sony's main profits where from SCE and are more willing to invest in their GamingDivision than MS is to invest in their GamingDivision due to MSGamingStudios never turning a profit AND still $6-7billion in the red SCE is only $1-2billion in the red and that is expected after such investment in the PS3.



End of 2014 Hardware Predictions (03/03/14)

PlayStation 4: 12-15million

Xbox One: 7-10 million

Wii U: 8-9 million (Changed 01/04/2014 from 7-9 --> 8-9 million)

mitsuhide said:
There are 2 exclusives for the PS3 from R*:L.A Noire and another unamed one.
Event rumour came from:Tengu, orginises of the event:Sony and Activision, rumour accenticity:quite high if Sony said it.
"under are wing" could mean 2nd party company or take over either one good for Sony.
Shame GTAIV wouldnt become exclusive but hey PS3 gets 2 exclusives and X360 gets DLC i think we know who won that deal.Or maybe R* has chosen to be like Insomniac and not owned by Sony but only make PS games thats why the next 2 games from R* will be PS3 exclusive.

Or "under our wing" could just mean they are sending over a bunch of developers to help them with working with the core.  From all accounts a lot of developers could use that kind of help.