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    Home»Articles»Take-Two Q3 2019 Earnings Report – Red Dead Redemption 2 has sold over 23 Million copies worldwide
    Articles

    Take-Two Q3 2019 Earnings Report – Red Dead Redemption 2 has sold over 23 Million copies worldwide

    Kyle Evans 🇵🇸By Kyle Evans 🇵🇸February 6, 2019
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    All news relating to Grand Theft Auto V, Red Dead Redemption 2, Grand Theft Auto Online, and Red Dead Online that was released during the earnings call can be found in this article

    Rockstar Games’ parent company, Take-Two Interactive, have released their earnings report for the past quarter, which ended December 31th, 2018. Net revenue grew to $1.249 billion, as compared to the same quarter a year ago which was $480.8 million – a rise of 140%. In addition to the sharp increase in revenue, Take-Two repurchased 1 million of its shares at $108.90 per share.

    Recurrent Consumer spending – more commonly referred to as “micro-transactions” – accounted for 24% of the net revenue for that quarter, up 31% in total, a new record.

    Red Dead Redemption 2 and Red Dead Online

    Red Dead Redemption 2 sold an additional 6 million copies since its last earnings report in November, bringing the total figure of units sold to over 23 million copies worldwide; of these copies, 18% were Special and Ultimate Editions. This has made the title the best selling game of 2018. Following this, Take-Two has confirmed that Rockstar Games will continue is support for Red Dead Online, including releasing new updates, for the foreseeable future.

    Red Dead Online’s opening performance exceeded expectations and has surpassed what Grand Theft Auto Online was able to muster after launch – noticeably absent of launch day hiccups to boot. This ‘head start’ of sorts allowed Red Dead Online to gain more early traction compared to GTA Online’s early days.

    Also in December 2018, the combined users of GTA Online and Red Dead Online set a brand new record for Rockstar Games

    Grand Theft Auto V and Grand Theft Auto Online

    Take-Two Interactive haven’t updated us on the sales figure for Grand Theft Auto V so as far as we know, it is still around 100 million copies worldwide. Take-Two Interactive also confirmed that Rockstar Games will still be releasing new updates for Grand Theft Auto Online. Nothing else was really revealed besides the fact that micro-transactions in GTA Online have been a stable source of revenue.

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    Kyle Evans 🇵🇸
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    Founder of Rockstar INTEL. Find me on Twitter @ItsKapoow

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