Take-Two (TTWO) Interactive to shut down Intercept Games and Roll7
Intercept Games and Roll7 previously developed Kerbal Space Program 2 and Rollerdrome, respectively.
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Intercept Games and Roll7 previously developed Kerbal Space Program 2 and Rollerdrome, respectively.
The downsize is estimated to cost $160 to $200 million and is expected to achieve an annual cost saving of over $165 million.
The parent company of the Grand Theft Auto series developer is set to acquire the developer of the Borderlands franchise.
Following a mandate for employees to return to office, Rockstar leadership is reportedly nervous about Grand Theft Auto 6 missing the 2025 release window.
Rollic is developing a 'mass market' Barbie game that is slated to launch sometime later this year on mobile devices.
The 2018 sequel continues to solidify its position as Rockstar's second best-selling game ever.
It was a decent quarter for Take-Two Interactive, with the company coming out ahead of most analyst expectations.
Take-Two Interactive's forecast for the full fiscal year is well below analyst expectations.
Here's how to listen to the Take-Two Interactive earnings call for its third quarter of 2024.