{"id":8457,"date":"2007-03-01T22:51:55","date_gmt":"2007-03-01T20:51:55","guid":{"rendered":"https:\/\/www.livegamers.fi\/uutiset\/take-two-takes-two-steps-back\/"},"modified":"2007-03-01T22:51:55","modified_gmt":"2007-03-01T20:51:55","slug":"take-two-takes-two-steps-back","status":"publish","type":"news","link":"https:\/\/www.livegamers.fi\/uutiset\/take-two-takes-two-steps-back\/","title":{"rendered":"Take-Two Takes Two Steps Back"},"content":{"rendered":"<p>Game developer and publisher <i>Take-Two Interactive Software, Inc.<\/i> announced results for the fiscal year 2006 ended October 31st. Company recorded net loss and lower revenue compared to the fiscal year 2005, which included significant sales of <i>Grand Theft Auto: San Andreas<\/i>.<br \/>\nTake-Two announced net revenue of $1 038 million (786 MEUR) compared to $1 201 million (909 MEUR) in fiscal year 2005. Result was impacted by costs relating to the transition to next-generation consoles and lower selling prices of current generation game titles. Take-Two also invested in the development of next-generation titles and its sports business. As a result company recorded net loss of $184,9 million (140 MEUR) for the fiscal year 2006 compared to net income of $35,3 million (27 MEUR) in 2005. Net loss was slashed by closing down three development studios.<\/p>\n<p>During remainder of fiscal year 2007, Take-Two plans to publish <i>Bioshock<\/i>, <i>The BIGS<\/i>, <i>The Darkness<\/i>, <i>Fantastic 4: Rise of the Silver Surfer<\/i>, and also <i>All Pro Football 2K8<\/i>, <i>NHL 2K8<\/i> and <i>NBA 2K8<\/i> sports game titles. The year 2008 will see the arrival of new products based on the <i>Civilization<\/i> franchise. In the fiscal year 2006 Xbox 360 games formed a quarter of Take-Two\u00b4s revenues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Take-Two announced financial results for the fiscal year 2006. Company recorded revenue of 786 MEUR and net loss of 140 MEUR.<\/p>\n","protected":false},"author":67,"featured_media":0,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/news\/8457"}],"collection":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/comments?post=8457"}],"wp:attachment":[{"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/media?parent=8457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/categories?post=8457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.livegamers.fi\/api\/wp\/v2\/tags?post=8457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}