Date of Update: 02/25/2020

Take-Two Interactive

Ticker: TTWO

Theme: Games

Country: United States

Sector: Interactive Home Entertainment

This is not a recommendation to buy or sell securities.

 

Company Description:

Take-Two Interactive is a leading developer, publisher and marketer of interactive entertainment. The company consists of four primary games labels: Rockstar Games, 2K, Private Division, and Social Point (mobile games). Take Two's most popular franchises include Grand Theft Auto, Red Dead Redemption, and NBA 2K.

3 Company Facts:

  • Grand Theft Auto V was the best-selling game of the 2010s, and has now sold in excess of 150 million copies.1
  • The 'NBA 2K' Series is sixth best-selling video game franchise in history, while NBA 2K20 achieved the all-time best launch month for a sports simulation game.2
  • The NBA 2K League is an esports league joint venture between the NBA and Take-Two. The league currently includes 21 teams, each of which is affiliated with an NBA franchise.

3 Industry Facts:

  • The premium games market declined 5% in 2019 due to a lack of AAA game launches. However, premium games are expected to set a new record high in 2020, at a projected $19.8 billion in revenues.3
  • Digital games revenues grew 3% year-over-year, generating $120.1 billion in 2019.4
  • In 2018, the top 25 public companies by game revenues generated a combined $107.3 billion, totaling to roughly 80% of the global games market.5

Related Companies: EA, Activision Blizzard, Ubisoft

3 Key Metrics:

  • In-game monetization (recurring revenues)
  • Games pipeline
  • Operating margins

Notable Brands:

Grand Theft Auto
Grand Theft Auto, action-adventure franchise
Red Dead Redemption
Red Dead Redemption, action-adventure franchise
NBA 2K
NBA 2K, basketball simulation franchise
NBA 2K League
NBA 2K League, esports league