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Search resuls for: "Tiyashi Datta Aditya Soni"


2 mentions found


☆ U.S. videogame publishers tap proven titles to fight weak economy
  + stars: | 2023-05-18 | by ( Tiyashi Datta Aditya Soni | Tiyashi Datta | Aditya Soni | ) www.reuters.com   time to read: +2 min
Take-Two Interactive Software Inc (TTWO.O) on Wednesday rounded off a strong March quarter for the sector that saw its three major players post net bookings growth of between 11% and 66%. The company said "NBA 2K23", "Grand Theft Auto V" and "Grand Theft Auto Online" were some of the top contributors to its net bookings growth in the reported quarter. The company forecast net bookings of more than $8 billion for next year, which was above analysts' estimates. "It (the GTA VI release) would be a watershed moment for the category of open-world games," said MoffettNathanson analyst Clay Griffin. "Tens and tens of millions of units would be sold immediately, and a new or completely refreshed GTA: Online would redefine what a modern 'metaverse' really looks like."
☆ Electronic Arts cuts bookings view on 'Star Wars' game delay, spending slowdown
  + stars: | 2023-01-31 | by ( Tiyashi Datta Aditya Soni | Tiyashi Datta | Aditya Soni | ) www.reuters.com   time to read: +2 min
Jan 31 (Reuters) - Electronic Arts Inc (EA.O) lowered its annual bookings forecast on Tuesday, as the videogame publisher delayed the release of a title based on the "Star Wars" franchise and consumers dialed back spending in a sagging economy. EA on Tuesday pushed out the launch of "Star Wars Jedi: Survivor" by six weeks to April 28, which would fall into its next fiscal year. The game is a sequel to its 2019 "Star Wars Jedi: Fallen Order" title that has drawn over 20 million players. It had forecast $7.65 billion to $7.85 billion previously. "Weak, but not a disaster," Wedbush Securities analyst Michael Pachter said of the results, adding the "Star Wars" title delay led to a "huge shift of earnings" into next year.
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