Take-Two cancels an unannounced game it spent $53m on - sanchezmotigh
Take-Two cancels an unannounced game it spent $53m happening
Rockstar and 2K parent company Take Ii Interactive has canceled an unannounced project resulting in a staggering business enterprise loss for the ship's company.
Take Two held its quarterly earnings call today, and the accompanying investor presentation reveals that due to the "decision not to proceed with further development of an unexpected title in its pipeline," the company suffered a exit to the tune of $53 million.
Now, it's non at all extraordinary for a publisher the size up of Take Two to indue that much in a unique back - Red Dead Redemption 2 cost an estimated $540 jillio according to VentureBeat. But heedless, it's a lot of money to chuck into the bin no matter how you look at IT, and it begs the motion: what biz was Take Two pouring that kind of cash into only to cancel without ever announcing IT?
Bloomberg reports that the canceled project was a superhero title computer code-called Volt, and that information technology was in development at Mafia 3 studio Hangar 13. According to Bloomberg, development on Volt ab initio began in 2017 and enclosed several reboots, with the most recent variation of the game struggling to overcome technical challenges and other complications related to the Covid pandemic. The game would've been a free-enterprise online superhero spirited A well atomic number 3 a brand new Information processing from Hangar 13. Ultimately, the folks with the coin purse at 2K decided information technology wasn't worth the investment and canceled it.
A recent leak says GTA 6 "is Rockstar's almost disorderly project since its creation."
Later scoring a degree in English from ASU, I worked in - *shudders* - content management piece freelancing for places wish SFX Magazine, Screen Jabber, Plot Revolution, and MMORPG. Now, As GamesRadar's Grand Canyon State-supported Stave Writer, I'm responsible for managing the site's western regional executive branch, AKA my apartment, and writing about whatever horror game I'm as well afraid to finish.
Source: https://www.gamesradar.com/take-two-cancels-an-unannounced-game-it-spent-dollar53m-on/
Posted by: sanchezmotigh.blogspot.com
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