nba 2k

Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as NBA 2K, sending its shares plunging 10 percent after the bell.Lower consumer spending and stiff competition from players such as Electronic Arts and Microsoft-owned Activision Blizzard are hurting the video game publisher.Take-Two forecast fourth-quarter bookings in the range of $1.27 billion (roughly Rs. 10,542 crore) to $1.32 billion…

Take-Two Interactive has an interesting response to gamers upset with what the company does with the in-game currency they buy. In an ongoing dispute over whether money is essentially stolen when a game’s servers shut down, Take-Two characterized in-game virtual currency as “fictions created by game publishers.” Currently Take-Two is facing a class-action lawsuit in California related to microtransactions in the NBA 2K games. Particularly, the lawsuit takes issue with the fact that when Take-Two takes down servers for…

Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games remained under pressure amid inflationary pressures.US spending on videogame content, including new games and character skins, was flat in the first half of the year, while console sales rose 23 percent, according to data from gaming research firm Circana.Last fiscal, Take-Two incurred $79 million (roughly Rs. 654 crore) in costs relating to unreleased and cancelled titles. It cancelled…

NBA 2K24 is getting cross-play across the current-gen PS5 and Xbox Series S/X versions. This marks the first time in the franchise's 25-year-long run that the feature is being added to the revered basketball sim, allowing players on different platforms to play with one another. The PC version, however, will not only be left out of that feature but won't include ProPlay, the new animation system that “directly translates NBA footage into NBA 2K24 gameplay.” The title will feature Hall of Famer Kobe Bryant on the cover, who…