Official: PS3 not seeing GTA4 content for at least a year, MS loses no money.

I wonder how much money MSgame department canloss before the shareholders gets feed up.Rip870

Are you dyslexic? There is no way MS can lose money (nominally anyways).

[QUOTE="AgentA-Mi6"]

I dont believe that, sony will pay to get us some extra content soon enough a one year waiting is completely unacceptable sony aint gonna let that happen I asure youman :wink:

cakeorrdeath

Faith can move mountains but I'm not sure it can unwrite contracts. ;)

:lol: Clever!

[QUOTE="AgentA-Mi6"]

I dont believe that, sony will pay to get us some extra content soon enough a one year waiting is completely unacceptable sony aint gonna let that happen I asure youman :wink:

cakeorrdeath

Faith can move mountains but I'm not sure it can unwrite contracts. ;)

better believe it. the legal system does not employ faith.

[QUOTE="SSJ_Nega"]I hope MS does'nt start doing this on other multiplats, i love downloadable content as much as everyone else ,but if the other platforms dont get it then i feel it's very unfair for the gamers.munu9

Sony didn't have to pay anyone $50 million for the ps1 and ps2 to dominate (except maybe immersion but that's different) I hate what MS is doing...

Oh really? Sony did pay a lot of money for GTA being a timed exclusive on the PS2.

[QUOTE="CJL13"]Are they referring to now, or after the 360 gets it by a year's wait?cakeorrdeath

Must mean from release as otherwise the second episode could be released day and date for Ps3.

Was a clever move by Microsoft to take advantage of Take Two financial problems and need for immediate cash.

Exactly, take-two knows GTAIV will do huge and they need some support so they are getting an advance from MS and MS loses nothing here. Smart business IMO.

I dont care for GTA content at all but either wayWe'll have it on psn Soon enough , Damage Taken 0%...

Priceless :P

AgentA-Mi6

thing is you won't have the content on PSN .. try not to skip "my quess" when reading ... but its all good cause you don't even care right?

I smell alot of futile cow damage control

ms is getting i for free, guranteed

well i guess im buying the 360 version. ms scares me. :?istreakforfood

[QUOTE="istreakforfood"]well i guess im buying the 360 version. ms scares me. :?Dreams-Visions

Except PS3 fans of course. Heh.

[QUOTE="istreakforfood"]well i guess im buying the 360 version. ms scares me. :?Dreams-Visions

Except Cows lose. :lol:

Except PS3 fans of course. Heh.

Newnab

I'm guessing he meant businesswise, in that it was a deal that improved the situation of both companies involved... and it did.

Still... I wonder what kind of interest could MS have gotten on those 50 mill on the bank, and if that lost interest is less than whatever extra sells of GTA they get because of this.

wow.so the story I herad is partly true.

microsoft did pay 50millin, but a loan .right?

wow.so the story I herad is partly true.

microsoft did pay 50millin, but a loan .right?

jrpgliker

More or less. It's technically not a loan, but an advance, much like editors give book authors. For all practical purposes, it will work as a loan if the content flops.

[QUOTE="istreakforfood"]well i guess im buying the 360 version. ms scares me. :?Dreams-Visions

Dude is that video in your sig real? Did the baby die??

Wait, so a stock analysis site is citing NeoGAF? :|

I hope MS does'nt start doing this on other multiplats, i love downloadable content as much as everyone else ,but if the other platforms dont get it then i feel it's very unfair for the gamers.SSJ_Nega

well Sony used to pay for exclusivity for GTA- which is worse?

I'd really like to see Sony care more about GTA. I dunno, they just don't seem to be care about the series too much.

MS, on the other hand, seems to love GTA. And they're being very competitive atm, so I'm hoping Sony can do the same with future games and hopefully future GTAs.

Although I don't mind too much about the episodic content, I'd still like Sony to pay more attention to GTA. And btw, it doesn't actually say it's official to be at least a year. It says maybe, which probably means not a year, and more than likely a few months. I don't say that to be mean, I just know what Rockstar are like with the term "exclusive".

[QUOTE="Omnikryon"]

Summary:

- Microsoft payed an advance for 2 downloadable content packs, 25 million apiece, based on speculated profits.
- These packs will be sizable
- PS3 will not being seeing this content for at least a YEAR.
- Microsoft expects of at least 70 million PROFIT. Take Two and Microsoft are looking forward to this and are extremely confident

- Even if they don't make back their money (50 million), Take Two has to return the difference advance. Thus, Microsoft doesn't lose a DIME.
- SONY IS SCREWED ONCE AGAIN.

http://www.next-gen.biz/index.php?option=com_content&task=view&id=6023&Itemid=2

UPDATE 2 - Microsoft paid a reported $50 million advance to secure exclusive Grand Theft Auto IV downloadable content for Xbox 360. Next-Gen spoke with Microsoft and analyst Michael Pachter about the deal.

Stock analysis site Seeking Alpha reports (via NeoGaf) that that Microsoft will be forking over a a $50 million advance to GTA IV publisher Take-Two in order to secure exclusive GTA IV downloadable content.

Speaking to Evan Wilson of Pacific Crest Securities, newly-appointed Take-Two CFO Laine Goldstein said in a recent earnings call that the first batch of downloadable content should be available in March 2008 followed by another episodic download later in the year.

"The first $25 million is for the first episodic content package that's supposed to go out and that is in March of '08. That's why it moved into current because it's in the next 12 months. The second $25 million will be for the second episode, and that will be later in fiscal '08," Goldstein said.

Goldstein was addressing Wilson's question regarding the "deferred revenue chunk" (i.e. the money Microsoft paid Take-Two in advance) as it relates to GTA IV's downloadable content.

Next-Gen contacted Wedbush Morgan Securities analyst Michael Pachter, who further explained the deal. "What Microsoft did was pay a $50 million advance," he said, much in the same way a big-name author receives a payment in advance of his or her next book.

In other words, he said, the $50 million is not a fee that Microsoft paid Take-Two solely to secure the rights for the content. Rather, Microsoft is confident that Take-Two's portion of the revenue generated by GTA IV content downloads will surpass the $50 million advance paid.

"Microsoft basically said that it's happy to pay [Take-Two] in advance $50 million in revenue that [Take-Two] is going to receive from GTA IV downloads," he said.

Microsoft takes about a 30 percent cut from Xbox Live Marketplace content sales, according to Pachter.

Taking that 70/30 split (publisher/Microsoft) and the $50 million advance into account, Microsoft is apparently confident that GTA IV download revenues over Xbox Live will be at least $70 million.

If revenues don't meet that figure, Take-Two will have to return some of the advance, according to Pachter. But he said that there's no reason to believe Take-Two would actually miss that revenue target.

He also stated, "By giving this advance, Microsoft did extract from Take-Two the promise to make [GTA IV content] exclusive. But there will not be any downloadable content for PS3, at least for some time. My guess is at least for a year."

Next-Gen also contacted Microsoft for comment regarding the exclusivity deal, but the firm opted not to confirm the terms of the deal. "The quality, depth and breadth of our Xbox 360 portfolio is a testament to the great relationships we've established over the years with our third-party partners," read a prepared statement from Microsoft. "Just as we recognize how important their video game titles are to driving an unrivaled gaming experience on the Xbox 360, they recognize the immense value of having their titles on our platform. Xbox 360 is easy to develop on, we have the largest online social network on television with Live and we're in more homes than any other next generation console in the world.

"At the end of the day, our third-party publishers own their IPs and ultimately decide where they're going to take their franchises, and we're thrilled that they've made the choice to build for the Xbox 360. Microsoft does not comment on business arrangements with our partners."

Calls to Take-Two were not immediately returned as of press time.

Conjuredevil

So,sony gets the content after a year what M$ paid $50 million for!! Nice move!

[QUOTE="nhh12345"]

So Microsoft paid 50 million $'s for add on content that will be only a time exclusive. Wow? Now that is being careless with your money. Also in order to get the 70 million $'s for add on content, if it is 10 $'s for each will mean that 7 million downloads for both, or if it is 20 $ for each means, 3.5 million downloads for the content. This won't ever happen.

lantus

Either you didn't read it or you can comprehend what you read.

[QUOTE="Conjuredevil"][QUOTE="Omnikryon"]

Summary:

- Microsoft payed an advance for 2 downloadable content packs, 25 million apiece, based on speculated profits.
- These packs will be sizable
- PS3 will not being seeing this content for at least a YEAR.
- Microsoft expects of at least 70 million PROFIT. Take Two and Microsoft are looking forward to this and are extremely confident

- Even if they don't make back their money (50 million), Take Two has to return the difference advance. Thus, Microsoft doesn't lose a DIME.
- SONY IS SCREWED ONCE AGAIN.

http://www.next-gen.biz/index.php?option=com_content&task=view&id=6023&Itemid=2

UPDATE 2 - Microsoft paid a reported $50 million advance to secure exclusive Grand Theft Auto IV downloadable content for Xbox 360. Next-Gen spoke with Microsoft and analyst Michael Pachter about the deal.

Stock analysis site Seeking Alpha reports (via NeoGaf) that that Microsoft will be forking over a a $50 million advance to GTA IV publisher Take-Two in order to secure exclusive GTA IV downloadable content.

Speaking to Evan Wilson of Pacific Crest Securities, newly-appointed Take-Two CFO Laine Goldstein said in a recent earnings call that the first batch of downloadable content should be available in March 2008 followed by another episodic download later in the year.

"The first $25 million is for the first episodic content package that's supposed to go out and that is in March of '08. That's why it moved into current because it's in the next 12 months. The second $25 million will be for the second episode, and that will be later in fiscal '08," Goldstein said.

Goldstein was addressing Wilson's question regarding the "deferred revenue chunk" (i.e. the money Microsoft paid Take-Two in advance) as it relates to GTA IV's downloadable content.

Next-Gen contacted Wedbush Morgan Securities analyst Michael Pachter, who further explained the deal. "What Microsoft did was pay a $50 million advance," he said, much in the same way a big-name author receives a payment in advance of his or her next book.

In other words, he said, the $50 million is not a fee that Microsoft paid Take-Two solely to secure the rights for the content. Rather, Microsoft is confident that Take-Two's portion of the revenue generated by GTA IV content downloads will surpass the $50 million advance paid.

"Microsoft basically said that it's happy to pay [Take-Two] in advance $50 million in revenue that [Take-Two] is going to receive from GTA IV downloads," he said.

Microsoft takes about a 30 percent cut from Xbox Live Marketplace content sales, according to Pachter.

Taking that 70/30 split (publisher/Microsoft) and the $50 million advance into account, Microsoft is apparently confident that GTA IV download revenues over Xbox Live will be at least $70 million.

If revenues don't meet that figure, Take-Two will have to return some of the advance, according to Pachter. But he said that there's no reason to believe Take-Two would actually miss that revenue target.

He also stated, "By giving this advance, Microsoft did extract from Take-Two the promise to make [GTA IV content] exclusive. But there will not be any downloadable content for PS3, at least for some time. My guess is at least for a year."

Next-Gen also contacted Microsoft for comment regarding the exclusivity deal, but the firm opted not to confirm the terms of the deal. "The quality, depth and breadth of our Xbox 360 portfolio is a testament to the great relationships we've established over the years with our third-party partners," read a prepared statement from Microsoft. "Just as we recognize how important their video game titles are to driving an unrivaled gaming experience on the Xbox 360, they recognize the immense value of having their titles on our platform. Xbox 360 is easy to develop on, we have the largest online social network on television with Live and we're in more homes than any other next generation console in the world.

"At the end of the day, our third-party publishers own their IPs and ultimately decide where they're going to take their franchises, and we're thrilled that they've made the choice to build for the Xbox 360. Microsoft does not comment on business arrangements with our partners."

Calls to Take-Two were not immediately returned as of press time.

LeDavester

So,sony gets the content after a year what M$ paid $50 million for!! Nice move!

This may be big news for alot of 360 owners but like I have said many time before, just because GTA was a big success on the ps2, it wasnt what made the ps2 what it is today. There are plenty more better games that sony has that can move consoles. Just watch and see what I mean when the ps3 price drops and all these first party titles come in, u will know that the ps3 is not all about one franchise but tons of emm. squallff8_fan

Like what?

GTA is the most powerful franchise Sony had, being #1, #3 and #4 in sales.

MS = Money>>>>>>Brains

I shouldn't say much more. I might be infringing on a viral marketing patent they own.

So Microsoft paid 50 million $'s for add on content that will be only a time exclusive. Wow? Now that is being careless with your money. Also in order to get the 70 million $'s for add on content, if it is 10 $'s for each will mean that 7 million downloads for both, or if it is 20 $ for each means, 3.5 million downloads for the content. This won't ever happen.

nhh12345

In reality all they need is 3.5 million people to buy both packs at $10 to break even. There are roughly 6 million on Live with about half of those with Gold memberships, so by the time the first pack is released in March of '08, I suspect there will be about 4-5 million Gold members, and with the number of dedicated hardcore gamers there are, I do think they'll make their money back, and probably then some.

[QUOTE="nhh12345"]

So Microsoft paid 50 million $'s for add on content that will be only a time exclusive. Wow? Now that is being careless with your money. Also in order to get the 70 million $'s for add on content, if it is 10 $'s for each will mean that 7 million downloads for both, or if it is 20 $ for each means, 3.5 million downloads for the content. This won't ever happen.

kevbo77

In reality all they need is 3.5 million people to buy both packs at $10 to break even. There are roughly 6 million on Live with about half of those with Gold memberships, so by the time the first pack is released in March of '08, I suspect there will be about 4-5 million Gold members, and with the number of dedicated hardcore gamers there are, I do think they'll make their money back, and probably then some.

Does it really matter if the Live members are gold or silver? Can't people download it either way?

MS = Money>>>>>>Brains

iwo4life

Where's the stupid thing MS did that gives them such a low "brains" rating?

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

SergeantSnitch

[QUOTE="AgentA-Mi6"]

I dont believe that, sony will pay to get us some extra content soon enough a one year waiting is completely unacceptable sony aint gonna let that happen I asure youman :wink:

cakeorrdeath

Faith can move mountains but I'm not sure it can unwrite contracts. ;)

I hope MS does'nt start doing this on other multiplats, i love downloadable content as much as everyone else ,but if the other platforms dont get it then i feel it's very unfair for the gamers.SSJ_Nega

[QUOTE="iwo4life"]

MS = Money>>>>>>Brains

Grive

Where's the stupid thing MS did that gives them such a low "brains" rating?

For 50 million they could make 2 AAA games themselves rather than hand over that amount to a company that is in constant litigation and has games that are banned in entire countries. All this so they can sell large scale episodic content to people where the majority has 20Gb drives and the rest have no HDD. Your right smart move. They will make a fortune selling proprietary HDDs. Choice FTW.

New IP sells if its good. See GeoW.

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

SergeantSnitch

You'll pay for your content too. Also, by that time you'll probably be paying for PSN...

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

SergeantSnitch

WAIT WAIT WAIT!

Yes that's what the PS3 owners will still be doing. Waiting (this time for the extra content).

[QUOTE="SergeantSnitch"]

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

mikasa

WAIT WAIT WAIT!

Yes that's what the PS3 owners will still be doing. Waiting (this time for the extra content).

ZING

You forgot teh 4D.

actualy if anyone got owned it would Be take 2. because in the end ps3 gets the content. while Take2 has to return the money that MS didnt make in profitsANti_RiCeR

So? MS and 360 owners don't get owned. That's the point. Actually, MS will probably make the money in profits, and even if they didn't and T2 has to pay, this still helps T2 overall. They needed the money.

[QUOTE="SergeantSnitch"]

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

mikasa

WAIT WAIT WAIT!

Yes that's what the PS3 owners will still be doing. Waiting (this time for the extra content)....... WHICH THEY WILL HAVE TO INEVITABLY PAY FOR TOO.

WAIT WAIT WAIT!

You have to PAY for the "episodic content?" Is this some sort of joke?

SergeantSnitch

Let me quote this again, actually.

You don't think you'll have to pay for whatever content the ps3 gets? (a year after the 360 gets it's exclusive content, at that)

Hang on a second. *Boots up ps3 and goes to the ps3 store. Checks downloadable game content section and finds very, very litte of anything, but whatIS there, you have to PAY for* Okay, I'm back. Yeah, I'm right.

Also, as I stated, by then there is a good chance that you'll have to PAY for psn, as well. I don't have the link, would someone like to post the link to the interview that says something along the lines that PSN won't always be free as it grows larger? Thanks, that'd be great.

And trust me, this post isn't a joke. ;)

Thats ok, i honestly never beat the last. IT bored me with all the thug crap. All MS is good at is spending money, do they not have any creative staff? By 2008 or 2009 or maybe 2010 PS3 will have exclusive rights to God of War III. Rumor has it, it will have an online mode as well.

My game wanting list

1.) Killzone 2

2.)Lair

3.) Heavenly Sword

4.) Haze

5.) God of War III ( I just know it will be good.)

6.)Socom Confrontation

7.) Darkness

8.) Ninja Gaiden Sigma

9.) Grand theft Auto 4 ( woo looks a bit low on my list to care about exclusive content.)

Well that's pretty lame in my opinion...I'm paying $60 for a game why spend another 10-20 bucks for "episodic content?" You know M$ is going to charge you as much as they possibly can for the content.SergeantSnitch

Obviously. They will charge what they think will maximize profits.
And if the content is big enough it may be worth 10 or 15 bucks. But I'm not a big GTA fan. The gameplay just wasn't fun. I loved crackdown though. I need some kind of super powers to get into a sandbox game.