About James Higginbotham

Another One HERE

EA Email

Take-Two Interactive Software, Inc. Reports Fourth Quarter Fiscal 2008 Financial Results
Company achieves record revenue and net income for fiscal year 2008

Signs new long-term agreements with Rockstar Games’ senior creative talent

Provides initial guidance for first quarter and fiscal 2009
New York, NY – December 17, 2008 – Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced financial results for its fourth quarter and fiscal year ended October 31, 2008.

Net revenue for the fourth quarter was $323.4 million, compared to $292.6 million for the same period of fiscal 2007. Fourth quarter sales were led by Midnight Club: Los Angeles, NBA 2K9, Grand Theft Auto IV and Carnival Games titles. Distribution revenue rose year over year, as current generation hardware sales were fueled by the strength of new frontline titles, along with robust demand for Wii software.

Net loss for the fourth quarter was $15.0 million or $0.20 per share, compared to a net loss of $7.1 million or $0.10 per share in the fourth quarter of fiscal 2007.

The fourth quarter 2008 results include $9.3 million in stock-based compensation expense ($0.12 per share); $5.6 million in professional fees and expenses related to unusual legal matters ($0.07 per share); and $1.6 million in business reorganization costs ($0.02 per share). Results for the fourth quarter of 2007 included $4.8 million in stock-based compensation expense ($0.06 per share); $4.5 million in business reorganization costs ($0.06 per share); and $1.5 million in professional fees and expenses related to unusual legal matters ($0.02 per share).

Non-GAAP net income was $1.6 million or $0.02 per share in the fourth quarter of 2008, compared to $3.4 million or $0.05 per share in the fourth quarter of 2007. (Please refer to Non-GAAP Financial Measures and reconciliation tables included later in this release for additional information and details on Non-GAAP items.)

Read More

Link

Taken from Kotaku.com

In order to support Petric’s insanity plea, his lawyers spent Tuesday building up his video game addiction, with his sister testifying that he became addicting following being …
Read More

Nairobi release

Another explosive World to discover in Big Bang Mini!

NAIROBI: The hot African plains set the theme for the Nairobi World’s special weapon and enemies. While you receive …
Read More

Happy My Sweets DS 6/6/6/7 PSO DS 8/8/9/8 Magical Zunou Power!! DS 4/6/5/4 RIZ-ZOAWD DS 7/8/7/6 Team Batista no Eikou: Shinjitsu o Tsumugu 4-tsu no Karte DS 7/6/6/6

Link

“They (EA) explained that Wii footage would not be of broadcast quality, and the originating agency had thought it preferable to use the Xbox footage, which was closer to broadcast …
Read More

I was out and about earlier today doing some Xmas shopping and I ran across this little thing at a FYE. I am not to …
Read More

Earlier today we reported that a mystery Metal Gear solid game was going to be announced in the next few weeks. It looks like Famitsu …
Read More

It is with great sadness that we note the passing of our friend and colleague Maddie Blaustein. Maddie was a voice actress for hit …
Read More

Hideo Kojima ‘Spike VGAs 2008 Interview’ Could this be a Nintendo title? Maybe, or maybe not, but I guess we will have to wait and see.

1. Wii 2. Wii Fit 3. iPod Touch 4. Xbox 360 5. Nintendo DS 6. iPod Nano 7. Ugg Boots 8. Nikon D90 9. Zune 10. Digital Picture Frame

Link

“I’m really not sure when we’ll be able to make a public announcement on that. I can’t even say if the next E3 will be the right opportunity to do …
Read More

Another story blaming video games for our children’s violent behavior. I have talked a lot on behalf of video games, but honestly, I do believe video games can have an …
Read More