NYC5 Posted April 16, 2008 Share Posted April 16, 2008 Check this out. Good stuff. Sources "close to" Take-Two Interactive tell Variety presell figures indicate the darkly comic PS3/360 crime spree will have the biggest debut of all time. By Tor Thorsen, GameSpot Posted Apr 15, 2008 6:01 pm PT There's no question that Grand Theft Auto IV will have a massive debut. How massive, exactly? Today, Variety predicted the Rockstar Games title could see biggest entertainment property launch of all time when it goes on sale worldwide on April 29 for the Xbox 360 and PlayStation 3. The Hollywood trade claims that "sources close to publisher Take-Two Interactive," which owns Rockstar Games, have been tracking how many units of GTAIV they have pre-sold to retailers. According to said sources, the publisher believes 6 million units of the Rockstar North-developed game will sell during its first week on the market, generating over $400 million in revenue. If that figure holds out, GTAIV will come close to exceeding the $404 million Pirates of the Carribean: At World's End grossed internationally during its first six days in theaters. It will soundly best the current record-holder for a game premiere, Halo 3, which earned $300 million by selling 5 million copies in its first week on the worldwide market last year. Some analysts are predicting GTAIV to do even bigger business when it arrives. Last October, Janco Partners' Mike Hickey says Rockstar's latest could "conceivably" ship 9.5 million units in one week--5.8 million in the US alone. The most popular GTA game to date is 2004's Grand Theft Auto: San Andreas, which has sold nearly 22 million units worldwide to date on the PlayStation 2, Xbox, and PC. Variety correctly notes that Take-Two will need GTAIV to be a hit of outsized proportions to stave off Electronic Arts' takeover bid, which became hostile on March 13. Thursday afternoon, Take-Two stockholders will meet to discuss EA's $2 billion, $26-per-share offer, which is a 64 percent mark-up over the publisher's previous stock price. Late last month, Take-Two management led by chairman Strauss Zelnick asked shareholders to decline EA's offer, which some analysts believe could lead to a GTAIV delay if it is successful. Link: http://www.gamespot.com/news/6189326.html?...estnews;title;0 Link to comment Share on other sites More sharing options...
Vive La France Posted April 16, 2008 Share Posted April 16, 2008 And Sam Houser can buy his tenth house! Link to comment Share on other sites More sharing options...
adrian949 Posted April 16, 2008 Share Posted April 16, 2008 is there any translation of how much this translates in the stock going up, i won right now 75 shares of ttwo stocks and was waiting today for the stock go down under 25.50 to buy 25 more shares but it kept on going up . Im goin to wait to see how far it goes down and buy more. But ya does anyone know how much will this cause the stock to go up, thanks. Link to comment Share on other sites More sharing options...
The Killa Posted April 16, 2008 Share Posted April 16, 2008 400m in one week is quite an overwhelming number. Would certainly help the EA battle. But hearing these stories makes me worry I might not get a copy on release day, even though I preordered Link to comment Share on other sites More sharing options...
lonewolf44 Posted April 16, 2008 Share Posted April 16, 2008 "biggest entertainment property launch of all time..." Whoa, I didn't think it was THAT big of a launch. Link to comment Share on other sites More sharing options...
hersheybar Posted April 16, 2008 Share Posted April 16, 2008 hey i RESERVED not pre ordered. RESERVED like last year does anyone know if itll still be valid? because i reserved it before the 1st delay.. Link to comment Share on other sites More sharing options...
GOURANGA123 Posted April 16, 2008 Share Posted April 16, 2008 Funnily enough nintendo recently replaced EA as the biggest and best in the gaming market.. What would be humour is if Nintendo made a takeover bid on EA.. (yes i know its not going to happen) Battlefield Mario Dark Age of Mario Mario Golf 2008 Lord of Marios Ring the list goes on... Link to comment Share on other sites More sharing options...
jolzew1 Posted April 16, 2008 Share Posted April 16, 2008 is there any translation of how much this translates in the stock going up, i won right now 75 shares of ttwo stocks and was waiting today for the stock go down under 25.50 to buy 25 more shares but it kept on going up . Im goin to wait to see how far it goes down and buy more. But ya does anyone know how much will this cause the stock to go up, thanks. It won't be going down any time soon. Regardless if the share holders agree to EA's bid or if they decline it the price will go up. With the projected sales already from pre orders the stock price will continue to increase. If EA is successful the stock price will also jump after the purchase is completed. If you are going to purchase more shares the sooner the better my friend. As far as an exact dollar amount this will translate to per share there is no way to tell, depends on the market. I would buy now if I were you. Link to comment Share on other sites More sharing options...
$tr4nger Posted April 16, 2008 Share Posted April 16, 2008 Variety correctly notes that Take-Two will need GTAIV to be a hit of outsized proportions to stave off Electronic Arts' takeover bid, which became hostile on March 13. Thursday afternoon, Take-Two stockholders will meet to discuss EA's $2 billion, $26-per-share offer, which is a 64 percent mark-up over the publisher's previous stock price. Late last month, Take-Two management led by chairman Strauss Zelnick asked shareholders to decline EA's offer, which some analysts believe could lead to a GTAIV delay if it is successful. I completely forgot that the meeting was this week. Time has gone by fast. So I wonder what the outcome will be.... God I'm dearly hoping T2 just brush off EA again... Couldn't stand them taking over this close to release Link to comment Share on other sites More sharing options...
$tr4nger Posted April 16, 2008 Share Posted April 16, 2008 Sorry double post Link to comment Share on other sites More sharing options...
autotheftisgrand Posted April 16, 2008 Share Posted April 16, 2008 I wouldn't mind a SHORT delay of the game just so Take2 can battle EA in this takeover. Looks like GTA4 would not only revolutionize gaming; but also revolutionize the whole entertainment industry. Link to comment Share on other sites More sharing options...
jimmy. Posted April 16, 2008 Share Posted April 16, 2008 (edited) So glad I own a lot of stocks in Take Two. is there any translation of how much this translates in the stock going up, i won right now 75 shares of ttwo stocks and was waiting today for the stock go down under 25.50 to buy 25 more shares but it kept on going up . Im goin to wait to see how far it goes down and buy more. But ya does anyone know how much will this cause the stock to go up, thanks. I've been following Take Two's stock for months. It hasn't gone below 25 or above 26.5 in at least a month. The highest TTWO has ever gone is 28.51, 3 days after the PC release of San Andreas. You may be able to catch it below or at 25.50 if you watch it closely. Especially with the recent buzz about EA's wishes to buy out Take Two, and the news of how much this game is predicted to sell, I forsee the price surpassing 30 sometime after the release of GTAIV, though that is just a guess. I'm not a professional stock trader, I just own a little bit of stock, so don't quote me on that. Edited April 16, 2008 by jimmy. Link to comment Share on other sites More sharing options...
grok1122 Posted April 16, 2008 Share Posted April 16, 2008 If you're going to buy stock, look into amazon.com too. Reportedly the in-game ZiT feature which you can text to with your phone gives you the title and artist of in-game songs, which you may be able to download through the Social Club from Amazon. It's DRM free so the thought is that Amazon could eat into I-Tunes marketshare. Link to comment Share on other sites More sharing options...
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