Episodes From Liberty City to sell 2.25-2.75 million - Analyst

Michael Pachter predicts GTAIV expansion will sell well, next GTA will arrive by the 2010 holidays, and next 18 months will see release of Agent and Ken Levine's mystery shooter.

On Tuesday, Take-Two Interactive reported a loss of $55.5 million for the May-July quarter, the third of its fiscal year. The result? Its stock price shot up over $1 the following day. The reason? Besides the fact that the sizable loss was less than expected, analysts remain bullish about the New York-based publisher in general and its upcoming lineup in particular.

Michael Pachter isn't doing a double-take on Take-Two.

Wedbush Morgan Securities' Michael Pachter thinks that the decision to release the stand-alone disc Grand Theft Auto: Episodes From Liberty City, which contains the two Grand Theft Auto IV expansions for $39.99, will reap major rewards.

"We estimate that around 7 million copies of GTAIV were sold on the Xbox 360, meaning that approximately 25 million Xbox 360 owners did not buy the game," he said. "While we don't expect a huge attach rate, we think that it is reasonable that Take-Two could see a 5 percent attach rate among this audience, plus another 1 to 1.5 million discs sold to the 7 million prior owners."

Episodes from Liberty may do a global Smash-'n'-Grab.

Since 5 percent of 25 million is 1.25 million, by Pachter's calculus, Episodes From Liberty City could sell anywhere from 2.25 to 2.75 million units worldwide. And that figure doesn't include downloads of one of its episodes, Grand Theft Auto: The Ballad of Gay Tony, from Xbox Live. Both it and Episodes From Liberty City are due out on October 29.

Pachter also believes that, despite Take-Two's repeated refusals to comment, the next Grand Theft Auto game will be released next holiday season. He also thinks Agent, the 1970s-set espionage game revealed at June's Electronic Entertainment Expo, will arrive during the publisher's 2010 fiscal year, which ends on October 31, 2010. The middle two quarters of that fiscal year will also see the release of four former 2009 Take-Two tentpole titles: Mafia II, Max Payne 3, BioShock 2, and Red Dead Redemption. Pachter believes all will sell at least 1.5 million units, helping Take-Two see "at least $250 million in revenue growth."

Finally, the analyst believes the next 18 months will see the release of the mystery shooter that BioShock creator Ken Levine is working on at 2K Boston. In addition, Pachter writes, "We understand that the company has made some progress in finishing L.A. Noire," the long-in-limbo 1950s-set crime game set in Los Angeles. He also thinks that 2K's Firaxis studio will "be in a position" to put out a new Civilization game during Take-Two's next fiscal year.

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247 comments
ResponsibleGame
ResponsibleGame

@houdeany- Well said. It's good to finally see someone who can bring some sense into the idiotic fanaticism of the " PS3 vs.360 " crap......

gamingfrendly
gamingfrendly

boring give us a screen shot for this game i want to knew what the hell i have been waiting for since 2008

newbie4lyfe
newbie4lyfe

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UncleMatt
UncleMatt

I agree with houdeany, and not because we have similiar avatars

houdeany
houdeany

Of course they'd sell more if they released it for Ps3 also.. Because there would be the 360, and Ps3 owners both buying it.. I honestly do not care about this PS3 vs 360 bollocks.. IF you prefer one to the other then thats great. You don't have to tell me about it.. The console is only as good as the games it has.

danhenson1979
danhenson1979

Am I the only one who is sick of the 360/ps3 flame wars? Both systems are great. Both have very good online systems. Both have great exclusive titles. It's like arguing if coke is better than pepsi. You can debate it for hours, but who really gives a crap? Whichever system you own, you got a good one, but so did the other guy. SHUT THE F### UP!!!!!!

Coka_Cola241
Coka_Cola241

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Coka_Cola241
Coka_Cola241

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Coka_Cola241
Coka_Cola241

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Coka_Cola241
Coka_Cola241

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Coka_Cola241
Coka_Cola241

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Coka_Cola241
Coka_Cola241

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dominicangta4
dominicangta4

mafia2 may have a chance but bio chock seems pretty boring the only game that is bringing some money home is gta dlc

chrisg88wb
chrisg88wb

It would of sold more if it was coming out for the PS3!!!

Luiz_AF
Luiz_AF

No. It won't sell 2.5 million. The ballad of gay tony will sell around 2.5 million. But Episodes Of LC will sell 1.5 million at the most. And I don't think we'll see a new GTA next year.

TevoxZi
TevoxZi

@Ashman555 In what way, exactly? Microphones can be considered bad, as that surely does increase communication, yet there are more teasing when people use microphones, also: Kids on the microphone swearing & screaming, et cetera. As for gaming itself; Some games on PS3 are on dedicated servers, while they're on P2P servers on 360. The difference between is that in P2P you lag if the host does, or if someone close to you lags. As for Netflix, I'll just come back with "VidZone". There's really no difference in the online experience in PSN and XBL, except Partychat on XBL (which is by the way easily added with an update.) Overall; the online experience is pretty much the same on PC as on 360, but the PC online is free, which XBL is not. As for Golden Membership; -> PSN is pretty much the same as XBL Golden Membership, but for free. If you want to argue though, do so. Come up with some backups in which area "XBL is better than PSN".

Ashman555
Ashman555

stop complaining about paying for xblive.... if you dont wanna pay for it then dont and be a silver member, so freakin simple. You wanna be a gold member then pay... besides xblive is a hell of alot better than ps3's current online features

Revan_911
Revan_911

Looks...fun. Too bad it aint coming to PC. Oh well there are plenty of fun games coming out for PC and for PS3 as well. No use getting worked up.

tawagivercetti
tawagivercetti

New stuff in the ballad of gay tony: *Vehicles-SWAT Tank, Cheetah, Bullet, Rolls Royce Phantom (not name), Activities- Base-jumping/Parachuting, Dancing! (like SanAndreas), Bouncer, Golfing!, 3 nightclubs* New weapons x3. I can't wait.

ZeerusX
ZeerusX

I imagine it will be similar to our situation wtih Fallout 3. Currently, M$ has the rights to digitally sell the expansion packs, but there not going to pay for those rights when no one is buying them, thus they'll let them fall, and Sony will come and pick them up That's what there doing for Fallout 3 right now.

badiie05
badiie05

Thats what you get for not selling it on playstation !!!!:O i bet alotta people would have bought it, too bad.... but im upset that its not going to be released by sony. :( unless in like a year they release them on ps3, o well , wait and see

penyada7
penyada7

Still upset that sony lost out on GTA DLC , MS bullied rockstar not to make any for sony , BUT Sony pls wont you spend a lil money on GTA 4 so that ps3 owners would also get some freaken cool DLC ( not that i have a ps3 , i have a broken 360 , and need to solder the GPU back on) but i am a man for free online play , MS does not realise that we pay for bandwidth pay for the game pay for the 360 and then still pay for LIVE???? And then live is not avaliable in my country but they lauched the 360 here? MS P off , i am going sony , VIVA FREE ONLINE gaming period...

wookers
wookers

i got a xxl pink balled of gay tony t shirt at pax

Tornado_Volcano
Tornado_Volcano

Just a shame that my 360 is under repair at the moment. The "Lost and Damned" DLC didn't interest me that much but "The Ballad of Gay Tony" sounds more interesting judging by the trailer...

ProGamerNerd
ProGamerNerd

@ShadowXStorm i know what you mean but i just like going fast but i cant go fast without mistakes but who cares im not typing a essay but thanks tho lol =)

ShadowXStorm
ShadowXStorm

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ProGamerNerd
ProGamerNerd

im rushing dude what you want me to spend hourse correcting like 10+ paragraphs that i typed

fester420
fester420

@ProGamerNerd For the love of God, please learn to use puncuation, I have no idea what you are talking about.

ProGamerNerd
ProGamerNerd

i wont lie to some people i did have 370 got rrod 7 times then started becomeing a ps3 fan boy lol but then lol i got both consoles and there unique in there own way lol people should realize it, and some people may know me from other debates even if i was right in the debates just everyone get along and even if your gonna get mad and be fan boys like me(i hate wii) let people atleast express them selves and dont get mad over 299$ dollar machines and yea i know gta series own and there going on 360 but dont worry about rockstar and gta it will do something with ps3 to help them out =)

TevoxZi
TevoxZi

@ProGamerNerd Not ) But let's quit talking about this, as this is a GTA -article we're sort of stepping into offtopic chat. (And about your grammar, don't worry about it; It's not the worst I've seen, not even close to the worst as I was born and I still live in a place where not everyone can speak english well, seeing it's not my first language, I myself am 16 years old and I've been learning english since I was 8 years old.)

ProGamerNerd
ProGamerNerd

oh and gta series own every game series (in my opinion )

ProGamerNerd
ProGamerNerd

@TevoxZi yup your 100% right and wii only sold that much because it was for kids and it was the first time people get to use motion sensing technolgy. and i know i like sonyps3 better but i dont really care if 360 or ps3 get first place as long wii is last lol. i dont like wii really and from what i seen wii is going to go down. ps3 i think mayby first who knows because of 299$ all my freinds are buying ps3 and there 360 ownsers, i like fanboys im a 360 and ps3 fanboy and i hate wii lol screw zelda and mario and specaily zelda over hyped ocarina of time

SoNin360
SoNin360

Hopefully Agent will be decent because I don't think the Xbox really deserves to have exclusive GTA content... but oh well a whole new GTA by the end of 2010 sounds good. But then again that would be very close to the release of Agent.

TevoxZi
TevoxZi

@ProGamerNerd Thanks for the kind words! As for GTA1; I know, I first played GTA1 on PC and that was when I was like 7 years old at my cousin's place, What I'm wondering is why can't PS3 & 360-fanboys be friends? -> I mean, they're just 2 great consoles, consoles are to put more talks about videogames & to enjoy playing while TV is to put people together, not apart into two teams against each others. Competition is actually a good thing if you truly think about it; I mean; look at it this way; If there was no Sony, Microsoft wouldn't lower 360's price this down, if there was no MS, Sony wouldn't do it either, there being competition also means more games coming up exclusively so that the sales won't turn opposite. If there was no Microsoft, we wouldn't have Windows as OS, et cetera. If there was no Sony, we wouldn't have some of the accessories we have today and some of the TVs. They're both good at making stuff, both are great consoles. However, I do want to see Wii go down, as they didn't do that much of "work" for it, I mean, Wii's basically a last-generation console but with a decent motion controller called . It's too early to say who will win in the very end, but there can always be fanboys as being some, is always better than being none (in it's own way again) We can learn from fanboys as well; Reading arguements can give you some information about the console which you can confirm later to be right or false. Good to be a current generation gamer.:)

ProGamerNerd
ProGamerNerd

@TevoxZi your a smart person man =) not like other imature people and your right about console wars. when your tryin to help for example. 2 mins later your like the enemy lol and rockstar are basicly never going to stop supoorting sony. sony gets more support then 360 if you really go and look at the game selections. and if there are dlcs coming to ps3 which mayby diffrent the l&d and bballed of *** tony who knows. just so you can know gta first came on pc but pc is not a console. the first console it came to was ps1 and from there ps1-ps2 were getting or selling so much basicly because of gta. and ps2 got gta 3 , vice,san b4 xbox did which made it sell 138mill units. thats fact not opinion. so if micro or sony aquire gta i think its game over but i dont really care tho i do like ps3 much better in my opinion and i also have a 360 which i love alot! just stop fighting and let people express them selves and TevoxZi your a wise person =)

crazychris90
crazychris90

I don't get the console wars? I don't particularly care it just annoys me with all the bogus facts and rumours. I don't even see the point in fan boys; it's just a console which is mainly for entertainment purposes. I am an owner of both Playstation 3 and Xbox 360 and I can put my hand down and say they both share a mass of different cons. Personally I prefer the Xbox 360's interface and menu system, but then again I love that Sony have intergrated Blu-Ray into PS3; so I can sit and watch Blu-Ray films at 1080p in my living room without buying a player. It's hardly to do with the games in my opinion; console wars are to do with the consoles itself and I couldn't give a turd. Both line-ups at the moment are fair, equally as good as each others I believe... Okay I guess that was a pointless comment. But I'm looking forward for this episode pack to release because I haven't tried Lost and Damned, personally I wasn't the biggest fan of GTA 4 the whole series kinda lost it since Vice City; but it's worth a try I guess!

Skrilla_XS
Skrilla_XS

R* is the best. Take-Two rocks!!!

altairs_mentor
altairs_mentor

this is funny everyone argueing. Yay GTA4! i like pudding. Who else likes pudding?

TevoxZi
TevoxZi

@REA24409 @majorstefan Microsoft paid Rockstar $50 Million USD, so they're exclusive DLCs on Microsoft Xbox 360 -gaming console. Sorry. I am waiting to see more of Agent & L.A. Noire though, I wasn't interested in Lost & Damned when I saw it, but this "Ballad of Gay Tony" seems kind of "humouristic" in it's own way according to the trailers, might try it out when I go to my cousin's house, but I know that I won't "miss" much.

REA24409
REA24409

Is this also just for the 360? I just put about 50 dollars on my PS3 and I only have about 5 dollars left on my 360, so I would be kinda pissed if it didn't come out for both.

TevoxZi
TevoxZi

@ProGamerNerd The console wars are entertaining, as people are curious enough to see what the other person has to say about the console to defend with. It's impossible to stop the consolewars as they've been on since NES and even if you'd "manage" to do so which is impossible, you'd get the wars stopped from GameSpot for maybe 2 days and then they'd restart, because of someone ruining the peace by being a complete #¤&k by not understanding that not everyone truly cares. If you try to avoid the consolewars from happening, it's better not to post, as it's often that when you protect it, you'll soon find yourself in it and that makes the war even wider. That's what you're trying to avoid, right? in the console wars don't matter, seeing it's only a few, most people won't even read what you'll say and will continue. Then there are people that own a console and don't care about consolewars, but those are just "some people". Some can ignore, some are curious of others' responds and reply themselves and some try to stop while they infact are the ones continuing it accidentally. [quote="ProGamerNerd"] "look i got rrod 7 times," [/quote] Can cause a consolewar, as some people disagree with you by not believing it. (Actually, I'm a PS3 fanboy and I find that hard to believe.) [quote="ProGamerNerd"] 360 has better online,better exclusive(gta,fable,halo,gears,mass) [/quote] Another way to start a consolewar. Games are opinionated, as for online: they're pretty identical if you really think & do your research about it. The reason not to fight against Wii is that it's only leading saleswise, other than that: PS3 & 360 have both completely crapped on Wii.

AStrikeEagleL15
AStrikeEagleL15

@Jack_n_Coke07 No one said that you had to play/buy the game.

AStrikeEagleL15
AStrikeEagleL15

Not trying to start anything here but what company is more successful/ has more money....Microsoft or Sony?

Jack_n_Coke07
Jack_n_Coke07

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