Platinum Swing Trade Alerts

The 10-Buck Broker (Long-Term Stock Picks)

Announcement

Collapse
No announcement yet.

Redemption 2' has already outpaced previous installment's total sales.

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Redemption 2' has already outpaced previous installment's total sales.



    • Take-Two Interactive Software Chairman and CEO Strauss Zelnick discusses the release of his video game company's newest blockbuster with CNBC's Jim Cramer.
    • In just eight days, the game has already outpaced the first edition's total sales, Zelnick says.
    In just eight days, Take-Two Interactive Software's blockbuster Western-themed video game, "Red Dead Redemption 2," has outpaced its predecessor's total sales, Take-Two chief Strauss Zelnick told CNBC on Thursday.

    "In eight days, we've sold in 17 million units of 'Red Dead Redemption 2.' That's more than we sold of the first 'Red Dead Redemption' in eight years," Zelnick, chairman and CEO of the Rockstar Games parent, told Jim Cramer in an interview. "Oh, and by the way, the first 'Red Dead Redemption' was a huge hit."

    "Red Dead Redemption 2" made headlines last week for its bombastic opening weekend. Take-Two called the $725 million in sales generated by the game "the single-biggest opening weekend in the history of entertainment."

    Noting that the game overshot even Take-Two's internal expectations, Zelnick said on "Mad Money" that "Red Dead's" Wild-West-style, action-adventure theme works well in times of extreme social sentiment.

    "Westerns seem to find a place at certain times when the populous is feeling a certain way," he told Cramer. "Typically, in really good times, often in really bad times β€” you can decide what kind of times these are β€” I will say that I think the sprawling universe that's offered by Take-Two, the extraordinary opportunities to explore that universe and the deep and meaningful story combine with great gameplay to create a great experience."

    Take-Two's second-quarter earnings results topped revenue expectations, helped by the release of "Red Dead" and by in-game consumer spending, which Zelnick said was up 28 percent year over year.

    Qualms over Take-Two's NBA 2K 2019 game β€” the next in its widely followed basketball franchise β€” were overblown, the CEO added, noting that net bookings were up 10 percent year over year and that it was still the "biggest-selling sports game" for 2018.

    Shares of Take-Two fell 5.3 percent intraday on Thursday, sliding further in extended trading.
    Platinum Swing Trade Stock Alerts(FREE 14-Day Trial)

    The 10-Buck Broker (Long-Term Stock Picks)


    Best Stock Picking Services

    Sign up for the forum to reply to this post!!!


    Best FOREX Signals Software

    Stock Market Investing For Beginners


    "Step into the arena and hold on to your hat. Don't get discouraged if you don't make 8 trillion dollars in your first month. Trading is not a get rich quick scheme. Realize that trading is a skill and just like any other skill it takes time to learn. Have convictions in your decisions in life and trading. Ignore the comments and "advice" of those that have never traded a day in their life."

    Good KARMA and positive energy abound.


    Terms Of Service

    Disclaimer: This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.

    Promoted content: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this website and may receive commissions from purchases you make on subsequent websites. Always exercise due diligence before purchasing any product or service. This website contains advertisements.
    Best stocks to buy now Stock Market
    Best stocks to buy now
    Dow Jones TodayDJIA
Working...
X