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Take-Two Reports Falling Share Value, Blames Poor MLB Sales

News

by Adam Biessener on December 03, 2009 at 05:40 PM

1,700 Views

18 1

Take-Two Interactive, parent company of 2K Games and Rockstar Games, released a report that points to underperforming baseball titles as the reason for a $.09 per share drop.

Another option for the publisher would have been to release a good baseball game or two instead of a slew of crap. The Bigs 2, MLB Front Office Manager, MLB 2K9 Fantasy All-Stars, and MLB 2K9 all sucked. I'll admit to being less than shocked to learn that they were not commercially successful, though the company's expected $30-35 million loss on its MLB business is bad news even so. BioShock 2 slipping to 2010 isn't helping Take-Two's 2009 numbers, either.

On a brighter note, the report points to the better-than-expected performance of Borderlands and NBA 2K10, as well as a strong slate of titles for next year. BioShock 2, Mafia II, Max Payne 3, and Red Dead Redemption all look like decent bets for critical and commercial success.

[via Joystiq]

Email the author Adam Biessener, or follow on Twitter, and Game Informer.

Filed under: News, take-two interactive, financials, MLB, baseball

Comments

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by James Thursday, December 03, 2009 at 05:46 PM

Sport video games have come a long way but unlike other forms of games they CAN cap. Once you reach a certain level of realism there is only so much more you can do to make a game worth getting. And to get the latest game each year can quickly get really expensive so its not surprise that baseball and soon i would imagine most sport games might begin to take hits.
by OmegaSpartan08 Thursday, December 03, 2009 at 05:52 PM

that picture is priceless! lol
by omega123 Thursday, December 03, 2009 at 05:56 PM

sports in video games are crap 99% of the time
by Jonathan Golden Thursday, December 03, 2009 at 06:01 PM

Max Payne 3 ftw!
by Chronos Thursday, December 03, 2009 at 06:07 PM

They know how to make good games if they put there time in it.
by RH_Kensei Thursday, December 03, 2009 at 06:17 PM

Baseball isn't as appealing to me in video games or in real life as other sports.
by CamelFan Thursday, December 03, 2009 at 06:36 PM

they've definitly exhausted there time with things that dont effect gameplay in games like 2k9, it would be nice if the term "routine" flyball applied to that *** game...im still made about go-go by the way
by Master1015 Thursday, December 03, 2009 at 07:02 PM

Need to stop wasting time on those bad baseball games, they are simply not good... at all. What did they expect? They turn out the same crap over and over again and expect different results. Pure insanity. Overall, their not in trouble at all. BIOSHOCK 2 will be amazing and make up the loss.
by Ninja Thursday, December 03, 2009 at 07:08 PM

need to make better sports games and keep releasing more AAA games
by Orochi Assassin LEVON Thursday, December 03, 2009 at 08:10 PM

I agree with James
by Glenville 1 Thursday, December 03, 2009 at 10:27 PM

love the picture

If you want a good MLB game get MLB 09 the show. If you don't have a ps3 then wait until Max 3 Bioshock 2 and RDR
by Sev Thursday, December 03, 2009 at 10:45 PM

They need to make better sports games, not find new concepts with which to milk their sports franchises. Work on MLB 2K and funnel all the from to it from MLB 2K Fantasy All-Stars.
by C.C. Friday, December 04, 2009 at 02:26 AM

Well if only they havent push the Bioshock 2 back... like I said a good game is going to sell... never mind how good MW2 is, Bioshock is a game of its own...
by Disillumination Friday, December 04, 2009 at 05:08 AM

They will be fine as of feb. next year.
Staff

by Jeff Akervik Friday, December 04, 2009 at 10:33 AM

That's a great picture of the dearly departed Carlos Gomez. Go Bot!
by AMSacco91090 Friday, December 04, 2009 at 11:50 AM

Apparently it also hints a Borderlands sequel!
by DOS XX Friday, December 04, 2009 at 09:59 PM

not good...
by LatinoCG86 Tuesday, January 12, 2010 at 09:17 AM

I really think they should start focusing on there action adventure portfolio with games like Bioshock 2, Max Payne, and Red dead redemption. There sports catalog is no where near the same as it used to be. Also there baseball game is horrible compared to THE SHOW and the only decent sporting game they have is the NBA 2k series. Stick to your guns 2k and focus on what your good at.
by HPMainEvent Friday, May 07, 2010 at 05:55 PM

baseball games suck!