During its latest earnings report, Take-Two revealed that it has canceled an unannounced game for which it had already spent $53 million. Take-Two did not reveal any additional details, but it does make you wonder why the company has decided to pull the plug on this project.
Here is the direct quote from Take-Two’s report.
According to the report, Take-Two plans to release Olli Olli World this Winter, and Tiny Tina’s Wonderlands in March 2022. Take-Two will also release a standalone version of GTA Online in March 2022.
Net Bookings were around $120 million above the high end of Take-Two’s guidance range. Moreover, overall engagement exceeded the company’s expectations. Furthermore, RCS was significantly above our guidance, primarily driven by NBA 2K.
You can find the full earning report here.
Stay tuned for more!
John is the founder and Editor in Chief at DSOGaming. He is a PC gaming fan and highly supports the modding and indie communities. Before creating DSOGaming, John worked on numerous gaming websites. While he is a die-hard PC gamer, his gaming roots can be found on consoles. John loved – and still does – the 16-bit consoles, and considers SNES to be one of the best consoles. Still, the PC platform won him over consoles. That was mainly due to 3DFX and its iconic dedicated 3D accelerator graphics card, Voodoo 2. John has also written a higher degree thesis on the “The Evolution of PC graphics cards.”
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