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Take-Two Shareholders Conference Call

bleahy
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Posted April 17, 2008 - By bleahy

Take-Two is holding their annual shareholders meeting and we're listening in. The call will outline Take-Two's overall business strategy, product line-up, and EA's buyout offer.

First up, was the Chief Executive Ben Feder to discuss Take-Two's products and future outlook.

  • Grand Theft Auto IV is complete and the discs are currently being produced. Trucks will roll out next week.
  • The pre-orders for GTA IV are above company expectations and they expect it to be one of the "biggest launches of any entertainment product ever."
  • A new Midnight Club game is coming after the last game in the franchise sold over 7 million copies.
  • Re-confirmation of a BioShock sequel for 2009, but no mention of details.
  • Carnival Games will hit the DS in the summer and get a new Wii spin-off: Carnival Games: Mini Golf.
  • Take-Two expects to be profitable as a business in 2008.

Now they are voting on company appointments and boring things. Their discussion of EA's offer is forthcoming.

Take-Two Shareholders Conference Call
http://www.g4tv.com/thefeed/blog/post/684672/take-two-shareholders-conference-call/
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