Take-Two Interactive has posted its earnings for fiscal 2018, showing that the company continues to grow strongly. With data released both for the final quarter and for the fiscal year as a whole, there is a lot of revenue figures to untangle, but all that doesn't really mean much to the average player.
Summarizing the key points, the same sources that have been earning big for the company continue to do so. Flagship titles like Grand Theft Auto 5 and NBA2K18 continue to be steady sources of revenue, both from game sales and from recurrent consumer spending - that's suit-speak for microtransactions.
CEO Strauss Zelnick expects fiscal 2019 to be a record year due to the release of Red Dead Redemption 2.
The game will be made available on the 26th of October, a year later than its initially announced release window. Red Dead Redemption 2 has suffered two delays, both explained with a need for further polish and tweaking.
An interesting detail revealed by Zelnick during the conference call was that a "highly anticipated", albeit as of yet unannounced game from 2K, that was slated for fiscal 2019 has been pushed back to fiscal 2020. While he gave the need for more development time as the reasoning, it's likely that the company doesn't want Red Dead Redemption 2 to have a rival in its debut fiscal year.
Sadly there is no confirmation about what that mysterious delayed game is, however it is more than likely to be Borderlands 3.
The existence of the newest installment of 2K's popular co-op shooter franchise has been something of an open secret. Even though there have been no official announcements about Borderlands 3, everyone knows it is coming. This "unnamed" 2K title has been referenced in many earnings calls in the past.
Clearing away any games that might steal some of Red Dead Redemption 2's thunder is a very Take-Two move. The game's release date puts it right at the start of the Christmas shopping spree (folk really like getting started early) and removing a potential contender which may have seen a release near that period as well allows Red Dead Redemption 2 to hog the spotlight during the crucial first few weeks and months.
Red Dead Redemption 2's marketing drive recently kicked off with a new trailer followed by sets of screenshots being released. The game, which is expected to bring a record year for Take-Two, will be released on the 26th of October on PlayStation 4 and Xbox One.