
Take-Two slumps; US$3.6bn writedown, GTA VI delayed

Take-Two Interactive dropped 3% in after-hours trading on Thursday (Friday AEST) after the company reported a significant quarterly loss driven by a multi-billion-dollar writedown, following news that the company will delay the release of Grand Theft Auto VI. The video game publisher posted a fourth-quarter loss of US$3.7 billion (A$5.78 billion), or $21.08 per share, widening from $17.02 a yea