Take Two Redemption in June: Nearly 1 Million More Copies Sold -07/15/10 at 7:36 PM CDTby Perry Rod

Take Two Interactive (NASDAQ:TTWO) has hit gold, now selling through somewhere around 2.5 million copies of Red Dead Redemption in the United States in it's first six weeks, according to newly released sales figures from a leading market researcher.  International sales charts suggest the title is doing just as well overseas with still another month ...

Redemption: 1.5M Units in the United States in May -07/02/10 at 3:43 AM CDTby Perry Rod

The video game industry today learned that Rockstar's Red Dead Redemption has had one of the biggest openings of any title in this console generation.  In fact, only two titles released in the first three quarters of any of the past few years have done this well in their opening month: Capcom's Resident Evil 5 which was released in March 2009, and Ro...

Take Two Interactive, Inc. CEO Ben Feder: "I don't run my business to... -06/29/10 at 8:56 AM CDTby Perry Rod

In an article published yesterday, Take Two Interactive [NASDAQ:TTWO] CEO Ben Feder stated, “I don’t run my business to please the analyst community.” It’s no wonder, of course, that interactive entertainment analysts are equally unimpressed with Take Two Interactive stock.  Indeed, Take Two management routinely appears to ac...

Take Two Interactive Inc. E3 2010 Performance Recap -06/21/10 at 9:59 AM CDTby Perry Rod

It was nice to finally see Take Two Interactive (NASDAQ:TTWO) on the show floor of E3.  As you walked in, the first thing you saw at the entrance of their booth were lifesize characters from Take Two’s franchise, Bioshock.  The suggestion here is that the franchise is as alive as ever and developers are already hard at work on a sequel, de...

Activision E3 2010 Recap -06/21/10 at 9:35 AM CDTby Perry Rod

Executives at Activision Blizzard Inc. (NASDAQ:ATVI) had a strong sense of self awareness this year.  The greatest decision they made at E3 was to stay off the floor and keep a low profile (aside from throwing themselves a concert featuring Eminem, Jane’s Addiction and Usher a day before E3 began).   This was in contrast to last year,...

Coming Redemption For Take Two Interactive Investors -04/20/10 at 10:59 AM CDTby Perry Rod

For the last couple weeks, Take Two's (NASDAQ:TTWO) Red Dead Redemption titles for the Xbox 360 and PlayStation 3 have showed considerable pre-order interest on the Amazon bestseller video game chart as well as other online charts.  GameStop stores also appear to be involved in a heavy marketing campaign for the title.  This has come as a surpr...

Gamestop Corp Rumor Writer Fired by Business Insider -03/25/10 at 11:26 AM CDTby Perry Rod

Managing editor of Clusterstock.com and former editor-in-chief of Dealbreaker.com John Carney was fired by Business Insider's Henry Blodget yesterday.  There is no official word on the reason for his termination. Two weeks prior, Carney had written an article stating that retailer GameStop Corp [NYSE:GME] "might be an acquisition target," according ...

Take Two Interactive's Bioshock 2 Tops Software Sales for February 2010 -03/11/10 at 5:23 PM CSTby Perry Rod

Take Two (NASDAQ:TTWO)'s Bioshock 2 on the Xbox 360 barely beat out Wii's popular New Super Mario Brothers for the month of February, according to NPD.  Activision's November release, Call of Duty: Modern Warfare 2 was at number 3 and 6 of the top 10.  Electronic Arts hit the next three spots.  Sony's Heavy Rain comes in tenth.  On the...

GameStop Technical Analysis Shows a Possible Significant Trend Reversal -01/05/10 at 11:10 PM CSTby Martin Sambu

Check out this mid-term view of Gamestop (NYSE:GME).  As you can see below, the stock has moved above its rising trendline which began in November 2008. This is bullish because it initially broke below the trendline but instead of continuing to decline, it very recently reversed course and moved up.    Here is a closer look at last 3 month...

Goldman Sachs Reiterates Buy Rating on GameStop Corp. -12/28/09 at 1:32 PM CSTby Perry Rod

After removing Gamestop Corp (NYSE:GME) from their conviction buy list in November, sell side Goldman Sachs (GS) analyst Robert Higginbotham today is pushing investors to buy GameStop shares, with a price target of $29.  He cites two specific catalysts including GameStop's holiday sales report coming on January 7th and their full earnings report in M...

Hopes and Dreams Continue at Take Two Interactive Software -12/28/09 at 10:11 AM CSTby Perry Rod

He said in 1993 it was always his dream to run his own media company.  Strauss Zelnick left a nice job at Fox and took a big risk to work on a start-up video game company, Crystal Dynamics.  That risk turned out to be a failure for him at the time but provided him with a resume entry that would prove to be invaluable. When Carl Icahn bought int...