Take-Two already has a few film diversifications primarily based on their properties arising with Borderlands and Bioshock.
While these aren’t out but, Take-Two CEO Strauss Zelnick revealed in the course of the firm’s quarterly earnings name that they’re “discussing” extra diversifications.
However, he additionally said they had been being “very selective” on the matter, indicating that there’s large threat concerned for Take-Two to place certainly one of their IPs on the road for the sake of a film.
“If we had been keen to make use of the corporate’s steadiness sheet to make a film or a tv present, then within the occasion of nice success we might profit from it,” Zelnick stated. “But we’re not ready to make use of the corporate’s steadiness sheet that approach as a result of the danger/reward profile is unappealing to us.”
He additionally said the “hit ratio” for movies was a lot decrease in comparison with that of console video games. Where because the success price for good sport builders is within the 80s and 90s, movie studios solely see a “hit ratio” of roughly 30%.
It stays to be seen how a lot additional Take-Two determine to take their movies to. However, it’s probably these plans hinge on the success of the upcoming Borderlands and Bioshock adaptation, the previous of which is anticipated to launch August 9, 2024.
