'Grand Theft Auto' maker Take-Two posts profit on tax gain


"The game has become the must-have video game especially as the installed base of current generation consoles continues to grow, and has now sold-in more than 90 million units".

Take-Two, which launched "Doomsday Heist" for the online version of its popular game "Grand Theft Auto", said it had a net benefit of $11.9 million from the overhaul of the US tax code.

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Take-Two recently announced some sales figure details of Grand Theft Auto V - the game that was first released way back in 2013.

It was only just four months ago that we heard that Grand Theft Auto V managed to reach a milestone (85 million at the time), meaning that the game shipped roughly 5 million units during the holiday season. It's nearly unheard of for console games to keep up comparable momentum, much less push more copies within a single year than other titles that came out within that same time period. GTAV exceeded Rockstar's expectations during the past fiscal quarter and remains its biggest contributor for recurring consumer spending.

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It was reported late previous year that the game had sold over 85 million units; however, during the investor conference call, it was announced the game shipped roughly five million units during the holidays. "Rockstar Games has delivered sustained engagement through the ongoing release of a rich array of free new content." . Grand Theft Auto Online also continued to be a major revenue driver with players continuing to invest more money into the experience. That includes both digital and retail, though the latter only counts units shipped to stores rather than those that end up selling to consumers.

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