Shares of Take-Two fell by 7% after the appearance of news about the departure of the Vice-President of creative direction for Rockstar Games from the company. During the day, the capitalization of the publisher sank nearly $800 million, the newspaper reports GamesIndustry.biz.
On Thursday, Take-Two was able to regain the position, but the evening of the same day released a quarterly report, which is not very much to investors. As the result, again dipped, this time to 9,50%. Quarterly revenues of publishers have decreased compared to the same period last year by 25% (up to $930,1 million) that bukowno in the first place the lack of new major releases of Red Dead Redemption II. However, analysts expected better results, and their forecasts affect holders of securities.
The annualized indicators, according to the plan, will be more positive.
The head of Take-Two Strauss Zelnik did not specify the reason for the departure of Dan Houser of Rockstar Games, but assured that the brother of the developer Sam Houser will remain at his post of President of the company. According to him, the key franchises such as Grand Theft Autoare in good hands.
“I can confidently say that Sam will remain in Rockstar Games. We are inseparable,” – said Zelnik.
At the beginning of the 2020 network was unconfirmed information that the management Take-Two is putting pressure on Rockstar Games, trying to force the company to frequently release new games. For the current generation of consoles, it has developed only one new project – Red Dead Redemption II.
According to rumors, Rockstar Games is now preparing to release Grand Theft Auto VI.
See also: Phil Spencer named new head of competitors of Microsoft on the playing field, and it’s not Sony with Nintendo.
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