GTA IV Earns Half A Billion For Take-Two In 1 Week

[Jitway]

Grand Theft Auto IV, Take-Two Interactive's crown jewel of the sandbox game series, reportedly sold over 6 million copies of the game for Xbox 360 and PS3, earning the company over $500 million dollars in the first week alone.

 

Sales of the Grand Theft Auto games have historically been very swift, with composite NPD and VGcharts sales data ranking GTA: San Andreas and GTA: Vice City for PlayStation 2 the #3 and #5 all-time fastest selling games, falling only behind Microsoft's Halo series and Nintendo's recent Super Smash Brothers: Brawl.

 

Sales of GTA IV and the subsequent surplus of revenue to Take-Two may help repulse EA's hostile takeover bid, which is still outstanding. The $2 billion dollar bid offered shareholders $25.74 per share in hopes of EA gaining a majority stake in the company.

 

At midday today, Take-Two stocks were trading at $26.32; and if sales of the game meet projections, share prices will rise even further, either forcing EA to increase its bid or fold.

 

 

 

Not bad for a company that EA tried to take over. Have not got my copy yet but I will most likely get it for the PS3.

 

Source HERE

[Tynvar]

I hope they manage to keep EA at bay. It would not be the same if they get taken over.

[L.S.D]

Yeah, i was hoping for the same thing too. EA might want to sanitize GTA if they get their hands on it.

[Gryph]

This game is an absolute monster. Good work Rockstar. I don't see anything but the next GTA game knocking this record. Not even Halo is this big.

[Lucandrake]

They deserve it, this game is amazing , one of the best for a long time.