Business news GTA 5, Game Pass, Overwatch… This week’s trade news
Sales figures, studio acquisitions, financials, developer transfer window, investments… If these topics interest you, you’ve come to the right place. We bring you an update on last week’s business news.
- Take two losses on posts and postpone Marvel’s Midnight Suns
- Overwatch: loot chest sales will be discontinued soon
- Europe charts: F1 22 still tops sales
- Xbox accuses Sony of paying developers to block Game Pass
- Briefly in this week’s business news
Take two losses on posts and postpone Marvel’s Midnight Suns
The parent company of Rockstar Games, 2K Games or even Private Division, Take-Two Interactive, revealed its results for the April-June 2022 quarter. A certain period was marked by the integration of Zynga specializing in mobile games (FarmVille, Words with Friends, etc.)Its costly acquisition ($12.7 billion) was announced last January.
With Zynga now in its ranks, Take-Two has logically seen its turnover leap past €1 billion. Revenue from mobile games accounts for 34% of this result (compared to 10% in the same quarter of 2021), behind consoles which source 55% of business volume. But the acquisition costs also affected the profits of the American company, which recorded losses for the first time since 2016. It is therefore incurring a net loss of 102 million euros and expects an annual loss of between 423 million euros and 385 million euros. Euros throughout the financial year as a whole.
|a period||business volume||Operating profit||net profit|
|From April to June 2022||1 billion euros||– 37 million euros||– 102 million euros|
|From April to June 2021||798 million euros||167 million euros||150 million euros|
The biggest release of the quarter for Take-Two was the cinematic horror game The Quarry, which launched on June 10. No sales numbers were released, but the company says it is among the major contributors this quarter along with NBA 2K22, GTA 5, GTA Online, Red Dead Redemption 2, Red Dead Online, Tiny Tina’s Wonderlands, WWE 2K22, Top Eleven, Empire & Puzzles Toon Blast.
The company’s visit numbers are still up-to-date. Bringing GTA 5 to 170 million sales worldwide, for a total of 380 million for the franchise. Red Dead Redemption 2 stands next to it at 45 million, while Borderlands 3 crosses 15 million. Also word for NBA 2K22, which is doing better than its predecessor with 12 million copies sold. Finally, mention the PGA 2K21 Tour and its 3 million turnover.
The biggest Take-Two franchise
- Grand Theft Auto: 375 million sales
- NBA 2K: 123 million sales
- Borderlands: 75 million sales
- Red Dead Redemption: 67 million sales
- Civilization: 62 million sold
- Bioshock: 39 million sales
The next notable Take-Two releases are Rollerdrome (August 16) and NBA 2K23 (September 9). On the other hand, Marvel’s Midnight Suns Tactical-RPG has been postponed again. It’s no longer expected on October 7, but later in the fiscal year (by March 31, 2023) on PS5, Xbox Series, and PC, while PS4, Xbox One, and Switch versions will arrive later. The release date for the PGA Tour 2K23, WWE 2K23, and new tales from Borderlands hasn’t been set yet, but it’s also expected this fiscal year.
Overwatch: loot chest sales will be discontinued soon
Page will launch on August 30th for Overwatch. Six years after its release, Blizzard will be depositing paid loot boxes. Famous chests, containing only cosmetic items, will no longer be available for purchase, but will still be earned over the course of games.
In 2017, the controversy surrounding Star Wars: Battlefront II and the (former) “pay-to-win” loot box system highlighted the abuse of these “surprise bags” containing random virtual items. Some countries like Belgium and Holland have even passed legislation on it, likening it to games of chance and completely banning games that contain it (like Diablo Immortal, Fire Emblem Heroes…). Since then, they’ve become less present in PC and console games, giving way to another system popular in long-running games: the battle arcade, this economic model disguised as a progression system popularized by Fortnite and particularly profitable.
Overwatch 2, which comes out on October 4 for free, will precisely follow this trend. Blizzard’s hero shooter evolution will provide both paid and free season tickets, but also an in-game shop with cosmetics sold for real money. Playable maps and heroes will remain free.
Europe charts: F1 22 still tops sales
8.62 million games were sold across Europe in July 2022according to GSD data relayed by gaming industry. A particularly weak result, down 38% compared to July 2021, reflecting a lull month in major releases. The best-selling game is none other than F1 22, which was released at the end of June. In the top 20, only one novelty is pointing at the tip of its nose: Xenoblade Chronicles 3, which managed to climb to seventh despite not counting its digital sales (Nintendo declined to reveal sales of its games on the eShop) and that came out at the end of the month (July 29). ). We note that its launch sales are 27% higher than those of the Xenoblade Chronicles Definitive Edition, which was released in 2020. Console-wise, it is ‘Nintendo Switch who dominated the month of July with “By a margin ahead” on PS5 and Xbox Series, it’s still hampered by a lack of inventory.
Best Sales July 2022 in Europe
- F1 22 (EA)
- Grand Theft Auto 5 (Rockstar)
- FIFA 22 (EA)
- LEGO Star Wars: The Skywalker Saga (Warner Bros.)
- Red Dead Redemption 2 (Rockstar)
- Nintendo Switch Sports (Nintendo) *
- Xenoblade Chronicles 3 (Nintendo) *
- Mario Strikers: Battle League Football* (Nintendo)
- Mario Kart 8: Deluxe (Nintendo) *
- NBA 2K22 (2K Games)
- The Crew 2 (Ubisoft)
- Elden Ring (Bandai Namco)
- Minecraft Switch Edition (Microsoft)
- Battle of Mario Rapids’ Kingdom (Ubisoft)
- Quarry (2k games)
- Far Cry 6 (Ubisoft)
- Pokemon Legends: Arceus (Nintendo) *
- Star Wars Jedi: Fallen Order (EA)
- Gran Turismo 7 (Sony)
- Kirby and the Forgotten World (Nintendo) *
* Download sales do not count
Xbox accuses Sony of paying developers to block Game Pass
Microsoft claimed that Sony paid developers to ensure that their games were not included in the Game Pass catalog. The accusation highlighted by the site VGCin a document sent to Brazilian regulators in the context of the acquisition of Activision Blizzard by the manufacturer of the Xbox, which is still in progress. “Microsoft’s ability to continue expanding Game Pass has been hampered by Sony’s desire to prevent such growth.”said the American giant. Sony pays ‘blocking fees’ to prevent developers from adding content to Game Pass and other subscription servicesCan we read too?
The comments are part of Microsoft’s response to claims Sony made last week to the Brazilian commission that Call of Duty moving under the Xbox banner would be “anti-competitive.” In this regard, Microsoft regards Sony’s “uncoordinated” concern about the possibility of Call of Duty becoming exclusive to Xbox consoles, given that the Japanese company is also developing a PlayStation-exclusive strategy, not just with its first studios. Party but also by entering into agreements with external partners.
“It exposes, once again, the fear of an innovative business model that delivers high-quality content at a low cost to players, threatening the leadership that has been forged from a device-centric strategy focused on exclusivity over the years.”Microsoft said. The company therefore suggested that subscription services pose a threat to Sony dominates the console game digital distribution marketand that Sony’s actions reflect a desire to avoid disrupting that dominance.
Briefly in this week’s business news
- Released in Early Access on Steam on May 17, V Rising has just passed 2.5 million sales. As a reminder, he had a meteoric start with a million copies sold in one week.
- Guilty Gear Strive became the first game in the series to reach 1 million sales.
- Digital marketing company AppLovin has submitted a merger offer with Unity, the developer of the game engine of the same name, for $17.5 billion.
- Less than 1% of the 221 million Netflix subscribers play the mobile games offered by the streaming platform daily.
- After working for 14 years in the Halo franchise, art director Nicolas Bouvier joined Tencent Games Studios.
- Konami (eFootball 2022) has signed a multi-year partnership with the French Football Federation. Les Bleus will join the eFootball series and FFF will be associated with select international esports events.Announced communication.