The company was founded in December 1998, and is a development division of Take-Two Interactive, which also owns major publishing label 2K Games. Rockstar Games is an American video game developer and publisher, currently based in New York. stock (Nasdaq: TTWO), the parent company.
In this article, we will be taking a detailed look at Rockstar Games shares, with a particular focus Take-Two Interactive Softw. The world of gaming has been totally transformed, especially since the advent of Esports, where thousands of players now earn a full-time salary purely from playing and streaming video games over the internet.Īs a result of this, the demand for new games has skyrocketed, with developers under more pressure than ever to create the next cutting-edge release, within an ever-growing competitive marketplace. “We are very excited for people to learn more about the game in the coming months.Over the past two decades, the video game sector has gone from strength to strength, following the emergence and unprecedented growth of online gaming modes.
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“Grand Theft Auto V continues to push the series forward in new ways Rockstar North are creating our deepest, most beautiful and most immersive world yet,” said Sam Houser, Founder of Rockstar Games. Running out of options, the crew risks everything in a series of daring and dangerous heists that could set them up for life.
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Amidst the turmoil, three very different criminals plot their own chances of survival and success: Franklin, a former street gangster, now looking for real opportunities and serious money Michael, a professional ex-con whose retirement is a lot less rosy than he hoped it would be and Trevor, a violent maniac driven by the chance of a cheap high and the next big score.
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Los Santos: a sprawling sun-soaked metropolis full of self-help gurus, starlets and fading celebrities, once the envy of the Western world, now struggling to stay afloat in an era of economic uncertainty and cheap reality TV. The biggest, most dynamic and most diverse open world Rockstar Games has yet created, Grand Theft Auto V blends storytelling and gameplay in new ways as players repeatedly jump in and out of the lives of the game’s three lead characters, playing all sides of the game’s interwoven story.” You can find the full press release below. Rockstar issued an official statement on the delay: “The September release date moves the launch back from its original projected release window of spring 2013 in order to allow additional development time.
We’ll likely hear more about this delay and how it will affect Take Two in the company earnings call, which is scheduled for February 5th. The release of the game certainly means big bucks for Take Two (TTWO), but the delay could impact any guidance that the publisher has given to investors over the last few months.
The underlying stock for the company fell nearly 10% following the news, before stabilizing prior to the close.Īnalysts have high hopes for GTA V, putting it in the same league with Activision’s Call of Duty franchise. It appears that investors are as anxious for GTA V as game fans are, as Rockstar’s publisher Take Two Interactive took a hit in the markets following the announcement.
Earlier today, Rockstar revealed that GTA V would be delayed until September 17th, 2013.
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