Take-Two Interactive released their third quarter financial results today and reported that net revenue was at $206.4 million, which is down from $241.2 million during the same period last year. Q3 strong sellers included The Darkness, Fantastic Four: Rise of the Silver Surfer, The BIGS and All-Pro Football 2K8.
Net loss for the quarter was $58.5 million, which is down from $91.4 million during the same period last year. Take-Two attributed the lower net loss figure to "a decrease in product costs, software development costs, royalties and operating expenses."
Among other related Take-Two news include the formation of a new publishing label specifically for casual and children gamers. Dubbed 2K Play, the publisher will focus on kids-related games and software. In addition, 2K Play announced a deal with Nickelodeon to publish console and handheld games based on shows like Nick Jr., Dora the Explorer and Go, Diego, Go!
Lingering notes:
1. 2K Games’ BioShock shipped over 1.5 million copies since its launch in late August. Official units sold weren’t announced, but if it’s above a million, the game did well, yay!
2. Rockstar Games’ L.A. Noire and Beaterator have been delayed till, at least, late 2008.
3. All-Pro Football 2K8 didn’t sell as well as Take-Two anticipated. It’s currently unknown if there will be a 2K9 game.
4. Retail stores are not turning down Manhunt 2 when it’s released on October 31st. So, hey, being banned gave the game some nice free publicity for eager fans.
