Take-Two Interactive Launching a New Entry in One of 2K’s Biggest Franchises
Take-Two Interactive has released its quarterly report for the second quarter of their 2018 fiscal year, and there’s more to glean here than some financial records! While new revenue grew 6% this quarter, the notes of the report mention a new title that hasn’t been announced yet. This new title is a game from one of “2K’s biggest franchises”, and is expected to come out in fiscal year 2019, which runs from July 1, 2018 to June 30, 2019.
Here is the quote from the financial report that mentions this new game from Strauss Zelnick, Chairman and CEO of Take-Two:
“As a result of our outperformance in the second quarter and increased forecast for the remainder of the fiscal year, we are raising our fiscal 2018 outlook for Net Bookings and net cash provided by operating activities. We now expect fiscal 2018 to be another year of Net Bookings growth, as well as strong cash flow. Looking ahead, we expect fiscal 2019 to be a record year for Net Bookings and net cash provided by operating activities led by the upcoming launches of Rockstar Games’ Red Dead Redemption 2 and a highly anticipated new title from one of 2K’s biggest franchises. We have a robust development pipeline and are better positioned than ever for long-term growth and margin expansion.”
The question is, what will this new title be? Our own Tyler Treese believes that it may be a new BioShock title, and that’s a good possibility as BioShock Infinite released in 2013. 2K has a bunch of franchises though, so we’ll have to wait and see if his guess is correct.
What are you hoping to see from 2K Games?