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Platform PS3, 360 Publisher Rockstar Games Developer Rockstar North Release Date 09/17/2013 Price at Launch 59.99

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Take-Two CEO looks to efficiency and marketing during the next-gen transition

Take-Two Interactive sees a combination of quality titles, operating efficiency and marketing as the pillars of success and profitability during the costly transition to next-gen consoles, CEO Strauss Zelnick said in an earnings call today. In response to a question about the increasing development expenses for next-generation consoles, he acknowledged that new platforms have been historically synonymous with increased costs, but said that Take-Two's efficiency can help mitigate the disruption. "One of the three tenets of our strategic approach here is efficiency, and we aim to be the most efficient company in the business," Zelnick said. "And that includes development spending, so that's a major area of focus to us. "Our goal is to deliver the highest quality titles and to market...

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PS3 now manufactured in Brazil, localized versions GTA 5 and The Last of Us coming

Sony is now manufacturing the PlayStation 3 in Brazil, according to an announcement, as part of the company's "commitment to invest in the growth of the gaming industry" in the country. PS3s manufactured at Sony's Brazilian facility with a 250GB hard drive will retail for $1099 Reais (about $550 USD). "Sony Computer Entertainment continues to invest in the Brazil game market as part of our long-term commitment to the country and its gamers," said Andrew House, president and group CEO of Sony Computer Entertainment, at an event in Sao Paulo. "Locally manufacturing PlayStation 3 in Brazil will benefit gamers, retailers and developers. The local manufacture of PlayStation 3 is expected to infuse the Brazilian economy with approximately $300 million over the next 12 months." In addition...

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Grand Theft Auto 5 trailers delve into protagonists Michael, Franklin and Trevor

The newest Grand Theft Auto 5 trailers, released today by publisher Rockstar Games, give us a closer look at the game's three protagonists, Michael, Franklin and Trevor. Rockstar first revealed last December that Grand Theft Auto 5 features three different playable characters, and then introduced the men in the game's second trailer. Michael, the oldest of the group, is a middle-aged former bank robber whose family is driving him crazy. Franklin works for a business that repossesses cars. Trevor, an old friend of Michael's, is a loose cannon. Grand Theft Auto 5 takes place in the Los Angeles analog Los Santos, one of the three cities in 2004's Grand Theft Auto: San Andreas, although Rockstar said the new Los Santos is bigger than the game worlds of San Andreas, 2008's Grand Theft Auto...

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Rockstar holding online casting call for Grand Theft Auto 5's fictional religion

Rockstar is holding an online casting call for fans to appear in Grand Theft Auto 5 as members of the game's fictional religion, the Epsilon Program, and is currently taking applications for the in-game roles. The casting call comes a week after the Epsilon Program was detailed in a video on Rockstar's blog. Its outlandish tenets include facts such as "trees talk, but only some people hear them" and "sperm does not exist." To be eligible for one of the five in-game roles, applicants must be at least 18 years of age, and submit a headshot alongside their email address and other personal information. Applications will be accepted until May 28. Grand Theft Auto 5 will launch Sept. 17 on Xbox 360 and PlayStation 3.

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Grand Theft Auto 5 cover art follows the series' blueprint

The Grand Theft Auto 5 cover artwork, released by Rockstar Games today, takes after the franchise's typical box art format. As with previous entries in the series, the cover features stylized art of characters and other elements from the game, each within its own comic book-like panel. Grand Theft Auto 5's three protagonists, Trevor (with the sniper rifle), Franklin (with the handgun) and Michael (on the jetski), are featured prominently. Grand Theft Auto 5 launches Sept. 17 on Xbox 360 and PlayStation 3. Check out the full cover below, and see the most recent screenshots here.

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GameStop fourth-quarter 2012 earnings up, but full-year results down from 2011

GameStop recorded a successful fourth quarter for its 2012 fiscal year, but suffered a significant net loss for the full year due to "restructuring, impairment and debt retirement expenses," the company announced today. Both the fourth quarter and full year included an extra week compared to 2011. GameStop's fourth-quarter sales were "essentially flat" year-over-year — $3.56 billion in 2012 versus $3.58 billion in 2011 — with a 60.3 percent increase in digital sales and $100 million of mobile sales "offsetting weaknesses in the core business." Taking into account $1.9 million of "asset impairment charges," the company's net earnings for the quarter were $261.1 million, a 49.6 percent increase over the $174.7 million in 2011's fourth quarter. The extra week contributed a...

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Take-Two has 'every intention' of bringing its new core games to smartphones and tablets

Take-Two Interactive plans to continue bringing its "core gaming franchises to smartphones and tablets," COO Karl Slatoff said at the Wedbush Transformational Technologies Management Access Conference. The publisher's mobile strategy began by bringing existing games like Grand Theft Auto: Vice City to iOS. That content is compelling, sells well and is inexpensive to develop, which creates high profit margins, Slatoff said. "As long as technology continues to evolve, we fully intend to bring our most most highly immersive new products to smartphones and tablets, assuming the platform can handle it," he said. Slatoff doesn't believe that the emerging smartphone and tablet markets are cannibalizing Take-Two's core games or franchises at this point. Rather, the company is investing in...

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Take-Two reports 76 percent jump in Q3 revenue led by NBA 2K13 sales

Take-Two announced strong results today for the third quarter of its 2013 fiscal year, reporting a 76 percent year-over-year increase in net revenue led primarily by 4.5 million units shipped of NBA 2K13. For the quarter ending Dec. 31, 2012, Take-Two tallied net revenue of $415.8 million, a 76 percent jump over the $236.3 million of revenue for the same period in 2011. Net income for the quarter increased by 399 percent to $70.9 million from $14.2 million. According to Take-Two, the three "strongest contributors" to revenue in the quarter were NBA 2K13, Borderlands 2 and catalog sales of games including Grand Theft Auto 4 and Red Dead Redemption. Borderlands 2 was released in September, at the tail end of Take-Two's previous fiscal quarter; Take-Two has now shipped nearly 6 million...

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Grand Theft Auto 5 delayed, launching Sept. 17

Grand Theft Auto 5 will be available Sept. 17 on PlayStation 3 and Xbox 360, publisher Rockstar Games announced today. Rockstar said last October that it planned to launch Grand Theft Auto 5 this spring. According to a press release announcing the new date, the company decided to push back the game "in order to allow additional development time." In a post on the Rockstar Games website, the development team apologized for the delay. "We know this is about four months later than originally planned and we know that this short delay will come as a disappointment to many of you, but, trust us, it will be worth the extra time," the team added. "[Grand Theft Auto 5] is a massively ambitious and complex game and it simply needs a little more polish to be of the standard we and, more...

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Grand Theft Auto radio master tapes were in danger of being lost in Hurricane Sandy

The master tapes for many of the Grand Theft Auto titles were in danger of being lost in the floods that accompanied Hurricane Sandy, Rockstar Games producer Lazlow Jones said during an interview on The Opie and Anthony Show. Lazlow, who lives on a small island off the south shore of Long Island, told the show's hosts that the series' master tapes were the very first thing he secured as the waters around his house began to rise. "The first thing I did, well, my studio is on the ground floor," Jones explained. "That's where GTA 3, Vice City, San Andreas, all those masters like the full recordings with Axl Rose and everything. "I started freaking out and grabbing, just boxes of masters and putting it up on the second floor. Cause I was like, 'I'm not going to let this stuff get...

Grand Theft Auto 5 Releases
North America
  • PlayStation 3
    • Released 09/17/2013
    • Price at Launch 59.99
    • Publisher Rockstar Games
    • Developer Rockstar North
  • Xbox 360
    • Released 09/17/2013
    • Price at Launch 59.99
    • Publisher Rockstar Games
    • Developer Rockstar North
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