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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.)

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01. [WII] Taiko no Tatsujin Wii (Bandai Namco) – 105,900 / 105,900 02. [WII] Animal Crossing: City Folk (Nintendo) – 97,700 / 587,000 03. [NDS] Kirby Super Star Ultra (Nintendo) …
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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 …
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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 …
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This list was a part of the press release below, but it was kinda buried at the bottom of the release.  Hit the jump for the full Wii list and the DS lineup:

Wii

Activision
Monsters vs. Aliens – March 24

Crave Entertainment 
Monster Pals™ – March
Solitaire & Mahjong – February
Puzzle Challenges and More! – February
Crayola Colorful World – March

D3Publisher 
Onechanbara™ Bikini Zombie Slayers™ – February
Coraline – January

Destineer
WordJong Party – January
Battle Rage – February
Cradle of Rome – February
Cate West: The Vanishing Files – March
Burger Island – March

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New Releases Also Include New Play Control! Pikmin and Mario Power Tennis for Wii, Fire Emblem for Nintendo DS

REDMOND, Wash., Dec. 17, 2008 – Continuing its commitment to create fun and engaging experiences for everyone, Nintendo of America Inc. today unleashes a broad list of exciting new games for the first quarter of 2009. Topping the list is Pokémon™ Platinumversion for Nintendo DS™, a remarkable new entry in the belovedPokémon series, slated for a March 22 launch across North America. Nintendo’s roster of more than 100 new games includes an impressive array of challenges and experiences for new players and loyalists, as well as everyone in between. Notable titles include the enhanced New Play Control! Mario Power Tennis™ and New Play Control! Pikmin™for Wii™, and Fire Emblem™: Shadow Dragon, Personal Trainer™: Math and Grand Theft Auto: Chinatown Wars for Nintendo DS.

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Settlement Resolves Dispute about Wireless Controllers

REDMOND, Wash., Dec. 17, 2008 – Nintendo of America Inc. and Nyko Technologies, Inc. today announced they have settled a lawsuit brought by Nintendo …
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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

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