| Market Capitalization (Millions $) |
40,796 |
| Shares
Outstanding (Millions) |
186 |
| Employees |
12,371 |
| Revenues (TTM) (Millions $) |
6,687 |
| Net Income (TTM) (Millions $) |
-320 |
| Cash Flow (TTM) (Millions $) |
-478 |
| Capital Exp. (TTM) (Millions $) |
163 |
Business Description
Take-Two Interactive Software, Inc. Overview
Take-Two Interactive Software, Inc. is a prominent developer, publisher, and marketer in the interactive entertainment sector globally. The company primarily develops and publishes its titles through its wholly-owned labels: Rockstar Games, 2K, and Private Division. Additionally, Take-Two owns Social Point, a leading developer in the mobile gaming arena.
Labels and Franchises
Rockstar Games
- Overview: Rockstar Games is renowned for creating some of the industrys most iconic and critically acclaimed franchises. Notable titles include Grand Theft Auto, Red Dead Redemption, Max Payne, and L.A. Noire.
- Latest Installment: The monumental success of Grand Theft Auto V has solidified its standing with over 285 million units sold to date. The game, originally released on PS3 and Xbox 360 in September 2013, saw subsequent releases on newer platforms, including PS4 and Xbox One in late 2014, and PC in April 2015. The online component, Grand Theft Auto Online, launched in October 2013, continues to receive regular updates and new content.
- Future Directions: Rockstar is focused on expanding existing franchises and creating groundbreaking new titles. The company is committed to storytelling, innovative gameplay, and utilizing advanced technology.
2K Games
- Overview: 2K publishes a diverse range of titles across various genres, including BioShock, Mafia, NBA 2K, and WWE 2K. The label is recognized for both critically acclaimed single-player experiences and compelling multiplayer options.
- Flagship Titles: The NBA 2K series remains the top basketball simulation game globally, consistently setting benchmarks for realism and engagement, while the WWE 2K series captures the essence of professional wrestling.
Private Division
- Overview: Established in December 2017, Private Division focuses on publishing games from independent developers. This label aims to support innovative projects from creative talent in the gaming industry.
- Upcoming Titles: Anticipated projects include Ancestors: The Humankind Odyssey and several unannounced titles from notable studios like Obsidian Entertainment and The Outsiders. The label also retains rights to Kerbal Space Program, enhancing its portfolio of independent games.
Social Point
- Overview: Specializing in mobile gaming, Social Point is recognized for its free-to-play titles that provide engaging gameplay experiences. Key games include Dragon City and Monster Legends.
- Future Endeavors: The studio has a promising pipeline of new mobile games slated for release in the upcoming years, focusing on immersive experiences and high-quality content.
Business Strategy and Market Focus
Take-Twos core strategy revolves around leveraging its franchises to foster ongoing revenue streams through sequels, downloadable content, microtransactions, and online play. The company prioritizes high-quality development and marketing, creating franchises that resonate across diverse consumer demographics.
Geographic Expansion: The company is augmenting its presence in Asia, specifically in China and South Korea, with efforts to broaden product distribution and enhance its online gaming capabilities. The collaboration with the NBA has yielded NBA 2K Online, a free-to-play title that launched in China and continues to thrive.
Professional Gaming Initiatives: The establishment of the NBA 2K League, which kicked off in May 2018, marks Take-Twos venture into professional competitive esports. This league features teams operated by actual NBA franchises, enhancing the intersection of gaming and traditional sports.
Conclusion
Take-Two Interactive Software, Inc. stands as a leader in the gaming industry through its commitment to innovation, engaging franchises, and strategic market expansion. The companys diverse offerings across multiple gaming platforms, combined with its focus on creativity and quality, position it favorably for continued success in the interactive entertainment landscape.
Company Address: 110 West 44th Street New York, 10036 NY
Company Phone Number: 536-2842 Stock Exchange / Ticker: NASDAQ TTWO
|
10.38% 
92.76 %