Take Two Plans More Diverse Console Releases

Video game developer Take Two has posted a set of pretty ambiguous financial results for the first fiscal quarter of the coming year but the company is still looking to a bright future and they are planning to both expand their series on new, emerging platforms and to diversify the range of gaming experience that they are launching on current home consoles.

Strauss Zelnick, who is the Chief Executive Officer of Take Two, has stated, “We're focused on building new franchises, diversifying our approach. For example, you can look at what Red Dead Redemption did for us in our last fiscal year.”

Speaking to investors during a conference call the executive made it clear that the overall aim of the publisher is to become independent on the very popular Grand Theft Auto series, making a profit even during the years when the franchise does not see a release.

An example of how Take Two plans to do this is Red Dead Redemption, a game that launched in spring last year and still sees good sales on home consoles.

It seems that the social gaming market is not too interesting to the company at the moment, with Zelnick saying, “The business Zynga's in has only been around for about four years. And playing Zynga titles doesn't scratch the same itch as playing Grand Theft Auto - that's a dynamic that doesn't change in the video game business.”

Still Take Two is keen on seeing both the Facebook powered CivWorld from Sid Meier and the Apple bound Pirates game to well in the near future.

It seems that emerging consoles that the CEO is talking about include the new Wii U from Nintendo, which is set to launch during next year, and the smartphone market, which has seen great success and might become more important than the handhelds delivered by Sony and Nintendo.