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200°

Take-Two CEO Digs Into Reasoning Behind Next-Gen Price Changes

It has already been announced that certain next-gen titles will be getting a price increase and the Take-Two CEO shared his thoughts earlier today.

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twinfinite.net
2022d ago Replies(1)
rlow12022d ago

And yet they sell more games today, than they did back in 2005 (in reference tothe article) and he trying to justify the extra money. They just seeing what they can get away with.

Godmars2902022d ago

Stockholders are entitled to unlimited profit, even a such pursuit disadvantages the market as a whole.

XxINFERNUSxX2022d ago

Not get $$ from me. Whatever you put on PC I'll torrent :D Keep raising prices, doesn't bother me but it might bother you when we don't pay :D Now is certainly not the time to raise any prices for anything, when so many are unemployed.

zahdab2022d ago

you have the choice not to buy their games ... it's not your god given right to play games and you're not punishing publishers by pirating them... it's theft whether you agree with price hikes or not

ufo8mycat2022d ago

Who cares if it's theft. These corporations make more then enough money anyway. There is a difference between making money and MAKING MONEY (GREED).

If there is no valid reason behind a price increase, outside of "we just want more money", such as, quality increase, or quantity increase, then screw them.

Now that game prices have increased, do you truly believe game quality will also increase?

Capitalism has gone too far and a big thumbs up to XxINFERNUSxX for standing up for this garbage. If everyone were on the same page and Corporations sales dropped dramatically because of price increase, they would have no choice but to reduce prices permanently.

The fact there are consumers who think these price increases are justified is part of the problem.

I will be pirating away. Corporations don't like that? Well, maybe you shouldn't have increased the price for no reason.

demonseye2022d ago

@ ufo8mycat you all think downloading the game is fine but stealing it from a store isn't.
at the end of the day, the action is the same the only difference is that one has a higher risk so you too scared to do it. just pay for the game or don't play at all. it simple and the message is the same they don't earn money when you don't buy the game they have to change prices.or buy the game second hand in a year from now. your way of handling is exactly what you condemn. It's plain and simple its greed and selfishness. you don't want to buy the game but you do want to play it.

zahdab2022d ago

@ufo8mycat... i don't agree with the price hike but i'll make the statement with my wallet ... i am not paying the inflated game prices and if i refuse to pay for them doesn't mean i still get to play them for free...
This has nothing to with justice and greed and just pushing random moral judgmental words into a sentence doesn't make your argument sound reasonable. at the end of the day any business is trying to make a profit ... if they have enough demand they will keep at it ... if their demand shrinks they will remedy by adjusting to price where demand is higher.
On the other hand just because your refuse to buy something at a price you deem high doesn't mean u can steal it...

Good-Smurf2022d ago (Edited 2022d ago )

Says the company that sold GTA V 130+ million earned shit load of money on shark cards and also sells RDR 2 30 million units as well.
They want more and it's never enough for them never.

jonesmiller041012022d ago

It's called supply and demand. It's a very basic concept if you think about it.

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70°

Microsoft Gaming Revenue Drops 7% Year-on-Year, Content and Services Down 5%, Xbox Hardware Down 33%

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.

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simulationdaily.com
Jin_Sakai21d ago (Edited 21d ago )

Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.

dveio21d ago

To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Jingsing21d ago

The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.

Tanktopmaster9221d ago

Once they re-evaluate exclusive all will be fine….

S2Killinit21d ago

Riiiiight because people will just flock back to them for one or two games per year.

Jingsing21d ago

15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.

Tanktopmaster9221d ago

These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse

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60°

Take-Two CEO Once Again Side Steps Grand Theft Auto 6 Price Point

Strauss Zelnick says price of GTA 6 is being carefully considered and that Rockstar is focused on "making the most spectacular piece of entertainment on Earth."

Kuma22d ago

If GTA 6 abandons everything that made GTA 5 great, it will crash and burn right out of the gate. GTA 5 was funny and not at all PC. My worry is that they will cave to the PC crowd and ruin the vibes.

Eonjay21d ago

They got freaking BBLs twerking on the top of trucks for the gram, the freaking Flordia joker, and dude running down the stree in their undies and you are worried about it being 'too PC'? The internet has runied gamers. It doesn't matter how non-PC they make the game, you will all listen to the grifters telling you not to believe your lying eyes lol.

gigoran821d ago

"Rockstar Games’ co-founder and former VP of Development Jamie King said he envisions GTA 6 as a game that’s “maybe not quite as edgy or quite as funny” as its satirical predecessors."

oh yeah, totally internet grifters spreading rumors...

blacktiger21d ago

That's part of the plan, they destroyed you but they need to destroy the shareholders? Only 1 shre holder is the true elite that don't care

1nsomniac22d ago (Edited 22d ago )

Meh.., if it’s above £55 I ain’t buying it.

Rockstar are genuinely not half the company they used to be. I was a die hard GTA fan I’ve purchased every game and expansion and spin off day 1.

My opinion of GTA6 is that I can take it or leave it. Not bothered. They burnt too many bridges.

DaReapa21d ago (Edited 21d ago )

So they're actually leaving the door open for an L.A. Noire sequel? Nice!

VaNdAl21d ago (Edited 21d ago )

He should just come out and say it already it's getting stupid it's going to be a 100 bucks $200 for the special edition🤡🤡; 29315;🤣♿

Storm2321d ago

I won't be getting this game until I can get it for $70. SHoot, I could wait for it to be even lower. I don't need the game that badly as my backlog is still huge and I am enjoying playing other things.

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40°

Koei Tecmo Announces Record Financial Results After Releasing Many Big Games

Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.

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simulationdaily.com