Even during the typically slow video game sales months, Take Two rides high on its crime drama video game, first released two years ago.
The game maker closes out one of its strongest ever fiscal years. The next step: finding a big hit in the months and years after its most successful launch.
Ten million of the total GTA V units sold were for new game consoles in the last month and a half of 2014, continuing to boost the game maker's profits well above Wall Street expectations.
Ahead of the re-release of Grand Theft Auto V for newer consoles, the game maker's fiscal second-quarter earnings shed light on its growing online business.
Game maker's revenue rises and loss narrows, but it chooses to delay a key game by several months.
The activist investor's many organizations bought up shares for a total price of $79.9 million, giving him 9.57 percent ownership in the gaming company.
The game publisher's chief operating officer says that it's a "very attractive investment for anybody," causing speculation it might be open to an acquisition.
Ben Feder and his family plan to travel in Asia "for an extended period," the company says, and its chairman, Strauss Zelnick, will take over as chief executive.
Game company's CEO expects revenue to be increasingly dominated by digital sales. That said, he doesn't expect the trend to hurt physical game sales.
Take-Two CEO Ben Feder had some interesting things to say about the Wii, the PlayStation Move, and the embarrassment kids have in a Wii-only gaming environment.