GTA 5, Game Pass, Overwatch… this week’s business news

business news GTA 5, Game Pass, Overwatch… this week’s business news

Sales figures, studio acquisitions, accounts, developer transfer window, investments… if these topics interest you, you’ve come to the right place. We offer you an update on the past week’s business news.

Summary

  • Take-Two Posts Losses and Postpones Marvel’s Midnight Sun
  • Overwatch: the sale of loot boxes will soon be stopped
  • Charts Europe: F1 22 remains at the top of sales
  • Xbox accuses Sony of paying developers to block Game Pass
  • Short in the week’s business news

Take-Two Posts Losses and Postpones Marvel’s Midnight Sun

The parent company of Rockstar Games, 2K Games or even Private Division, Take-Two Interactive has revealed its results for the quarter from April to June 2022. A special period marked by the integration of the mobile game specialist Zynga (FarmVille, Words with Friends, etc.)whose costly acquisition ($12.7 billion) was announced last January.

With Zynga now in its ranks, Take-Two has logically seen its revenue jump to exceed one billion euros. Revenue from mobile games represents 34% of this result (compared to 10% in the same quarter in 2021), behind consoles, which have 55% of revenue. But the costs of the acquisition have also weighed on profits for the American company, which recorded a loss for the first time since 2016. It therefore shows a net loss of 102 million euros and expects an annual loss of between 423 million euros and 385 million euros. euros over the financial year as a whole.

Period Turnover Operating profit net profit
April to June 2022 1 billion euros – 37 million euros – 102 million euros
April to June 2021 798 million euros 167 million euros 150 million euros

The biggest release this quarter for Take-Two was the cinematic horror game The Quarry, which launched on June 10. No sales figures are disclosed, but the company says it is among the top contributors this quarter, along with NBA 2K22, GTA 5, GTA Online, Red Dead Redemption 2, Red Dead Online, Tiny Tina’s Wonderlands, WWE 2K22, Top Eleven, Empire & Puzzles and Toon Blast.

The figures for the company’s hits are still updated. GTA 5 thus reaches 170 million sales worldwide, for a total of DKK 380 million for the franchise. Red Dead Redemption 2 is on its side with 45 million, while Borderlands 3 exceeds 15 million. A word also for NBA 2K22, which is doing better than its predecessor with 12 million copies sold. Finally, mention PGA Tour 2K21 and its 3 million sales.

The biggest Take-Two franchises

  • Grand Theft Auto: 375 million sales
  • NBA 2K: 123 million sales
  • Borderlands: 75 million sales
  • Red Dead Redemption: 67 million sales
  • Civilization: 62 million sales
  • Bioshock: 39 million sales
GTA 5, Game Pass, Overwatch... this week's business news

Take-Two’s next notable releases are Rollerdrome (August 16) and NBA 2K23 (September 9). On the other hand, tactical RPG Marvel’s Midnight Suns has been delayed yet again. It is no longer expected on October 7, but later in the fiscal year (by March 31, 2023) on PS5, Xbox Series, and PC, while the PS4, Xbox One, and Switch versions will arrive later. PGA Tour 2K23, WWE 2K23 and the new Tales from the Borderlands do not yet have a release date, but they are also expected this fiscal year.

Overwatch: the sale of loot boxes will soon be stopped

GTA 5, Game Pass, Overwatch... this week's business news

A site opens on August 30 for Overwatch. Six years after its release, Blizzard’s game will say goodbye to its paid loot boxes. The famous chests, which only contain cosmetic items, will no longer be purchasable, but it will still be possible to earn them during the games.

In 2017, the controversy surrounding Star Wars: Battlefront II and its (previously) loot box system, which was considered “pay-to-win”, had highlighted the misuse of these “surprise bags” containing random virtual objects. Some countries like Belgium and the Netherlands have even legislated them, comparing them to gambling and outright banning games that contain them (such as Diablo Immortal, Fire Emblem Heroes…). Since then, they have been much less present in PC and console games, giving way to another system popular with long-term games: battle passes, this economic model disguised as a progression system popularized by Fortnite and particularly lucrative.

Overwatch 2, which will be released on October 4 in free-to-play, will precisely follow this trend. The development of Blizzard’s hero shooter will offer paid and free season passes, but also an in-game store with cosmetics sold for real money. Playable heroes and maps remain free.

Charts Europe: F1 22 remains at the top of sales

GTA 5, Game Pass, Overwatch... this week's business news

8.62 million games were sold across Europe in July 2022according to GSD data provided by The gaming industry. A particularly weak result, down 38% compared to July 2021, reflecting a quiet month in major releases. The best-selling game is none other than F1 22, which was released at the end of June. In the top 20, there is only one news that points the tip of the nose: Xenoblade Chronicles 3, which manages to climb up to 7th place, even if its digital sales are not counted (Nintendo refuses to disclose the sales of its games on the eShop) and that it appeared at the end of the month (July 29). We note that its launch sales are 27% higher than Xenoblade Chronicles Definitive Edition, released in 2020. On the console side, it ‘Nintendo Switch, which dominated this July with “a large margin ahead”” on the PS5 and Xbox series, still hampered by inventory shortages.

The best sales in July 2022 in Europe

  1. F1 22 (EA)
  2. Grand Theft Auto 5 (Rockstar)
  3. FIFA 22 (EA)
  4. LEGO Star Wars: The Skywalker Saga (Warner Bros)
  5. Red Dead Redemption 2 (Rockstar)
  6. Nintendo Switch Sports (Nintendo)*
  7. Xenoblade Chronicles 3 (Nintendo)*
  8. Mario Strikers: Battle League Football* (Nintendo)
  9. Mario Kart 8: Deluxe (Nintendo)*
  10. NBA 2K22 (2K game)
  11. The Crew 2 (Ubisoft)
  12. Ring of Fire (Bandai Namco)
  13. Minecraft Switch Edition (Microsoft)
  14. Mario The Rabbids Kingdom Battle (Ubisoft)
  15. The Quarry (2K game)
  16. Far Cry 6 (Ubisoft)
  17. Pokemon Legends: Arceus (Nintendo)*
  18. Star Wars Jedi: Fallen Order (EA)
  19. Gran Turismo 7 (Sony)
  20. Kirby and the Forgotten World (Nintendo)*

.* Download sales are not included

Xbox accuses Sony of paying developers to block Game Pass

GTA 5, Game Pass, Overwatch... this week's business news

Microsoft claimed that Sony paid developers to ensure that their games did not integrate the Game Pass catalog. The charge, highlighted by the site VGCis included in a document sent to the Brazilian regulators as part of the purchase of Activision Blizzard by the manufacturer of Xbox, which is still being finalized. “Microsoft’s ability to continue to expand Game Pass has been hampered by Sony’s desire to prevent such growth”said the American giant. “Sony pays ‘blocking fees’ to prevent developers from adding content to Game Pass and other subscription services”we can also read.

The comments are part of Microsoft’s response to claims made by Sony last week to the Brazilian commission that Call of Duty’s move under the Xbox banner would be “non-competitive”. In this regard, Microsoft considers “incoherent” Sony’s concern about the possibility of Call of Duty becoming exclusive to Xbox consoles, since the Japanese company is also developing an exclusivity strategy on PlayStation, not only with its first studios. -party, but also by entering into agreements with third-party partners.

“It once again exposes the fear of an innovative business model that delivers high-quality content at low cost to players, threatening a leadership built on a device-centric strategy focused on exclusivity over the years.”, Microsoft said. The company has thus hinted that subscription services are a threat to “Sony’s dominance of the digital distribution market for console games”and that Sony’s actions reflect a desire to avoid disruption of that dominance.

Short in the week’s business news

  • Released in Early Access on Steam on May 17th, V Rising just surpassed 2.5 million sales. As a reminder, he had a meteoric start with a million copies sold in a week.
  • Guilty Gear Strive became the first game in the series to reach the million sales milestone.
  • Digital marketing firm AppLovin has made a $17.5 billion merger offer with Unity, developer of the eponymous game engine.
  • Less than 1% of the 221 million Netflix subscribers play daily mobile games offered by the streaming platform.
  • After working for 14 years on the Halo franchise, art director Nicolas Bouvier joined Tencent Games studios.
  • Konami (eFootball 2022) has signed a multi-year partnership with the French Football Federation. “Les Bleus will join the eFootball series and the FFF will be linked with a selection of international eSports events”advertise communicated.

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