Take-Two Interactive Software reported revenues today that beat analyst expectations for the first-fiscal quarter ended June 30. This means that revenues were surprisingly strong at a time when the video game publisher had no major releases.
This also means that ongoing stalwarts such as Grand Theft Auto Online and Grand Theft Auto V continue to prop up sales, even as the hot release of the fall, Red Dead Redemption 2, isn’t doing as well as might be expected. The company’s stock price fell 5% today after U.S. President Donald Trump called out video games for contributing to a culture that glorifies violence. But the stock has risen to $123.05 a share, up 6.7%, in after-hours trading.
Analyst had expected non-GAAP earnings per share of 4 cents on revenue of $356.9 million. But Take-Two reported GAAP net income of 41 cents a share on revenues of $540.5 million, up 39% from $388 million a year ago. On a non-GAAP basis, the company reported net income of about 27 cents a share on revenue of $422 million, way above guidance, said Michael Pachter, analyst at Wedbush Securities, in an email.
The company credited revenues from NBA 2K19, Grand Theft Auto Online, and Grand Theft Auto V, Red Dead Redemption 2, Red Dead Online, the Borderlands franchise, Social Point’s mobile offerings, and Sid Meier’s Civilization VI. Take-Two increased its full-year revenue estimates as a result of the better performance in the first fiscal quarter.
Above: NBA 2K19 is one of Take-Two’s strongest performers.Image Credit: 2K Games
Red Dead Redemption 2, the Western epic from Take-Two’s Rockstar Games label that was more than seven years in the making, has been a big part of revenues since the title debuted on October 26, and it sold 23 million copies in the holiday quarter. But it has stalled since then, as the company said today it has sold-in 25 million copies to date.
Red Dead Online and Grand Theft Auto Online are also contributing to revenues, and Take-Two said that recurrent consumer spending was up 31% and accounted for 58% of GAAP net revenue, thanks to Grand Theft Auto Online and NBA 2K performance.
But neither Red Dead Redemption 2 and Red Dead Online seem destined to repeat the unprecedented success of Grand Theft Auto V and Grand Theft Auto Online. GTA V has now sold 110 million units to date. NBA 2K19 sold more than 12 million units. Previous Borderlands series games also helped boost the quarter, with the launch of the Borderlands: The Handsome Collection.
“Fiscal 2020 is off to a terrific start with first-quarter operating results that beat our expectations,” said Strauss Zelnick, CEO of New York-based Take-Two, in a statement. “We delivered significant net bookings and cash flow growth driven by the performance of Grand Theft Auto Online and Grand Theft Auto V, NBA 2K19, the Borderlands franchise, and Red Dead Redemption 2 and Red Dead Online.
“As a result of our better-than-expected first-quarter operating results and increased forecast for the balance of the year, we are raising our outlook for fiscal 2020, which is anticipated to be another great year for our organization. We aim to build on this strong start by delivering a robust array of titles throughout the year, including Ancestors: The Humankind Odyssey, NBA 2K20, Borderlands 3, WWE 2K20, and The Outer Worlds, as well as new and innovative ways for consumers to remain engaged with their favorite entertainment experiences.”
And Zelnick said, “Looking ahead, Take-Two has the strongest development pipeline in its history, including sequels from our biggest franchises as well as exciting new IP. We are exceedingly well-positioned to capitalize on the positive trends in our industry, and to generate significant growth and margin expansion over the long-term.”
Above: Fix the economy, or I shoot!Image Credit: Rockstar
Even with the weak summer quarter result, Take-Two is looking forward to the September 13 release of Borderlands 3, the new title from Gearbox Software.
Digital revenue was up 36% to $427.8 million, and it now accounts for 79% of total GAAP net revenue. On August 27, Take-Two will release Patrice Desilets’ Ancestors: The Humankind Odyssey via Take-Two’s Private Division label for indie games.
For the full year, GAAP net revenue is expected to hit $2.83 billion to $2.93 billion, with net income ranging from $425 million to $454 million.
There’s a lot of things to do in Minecraft, but few know that you can actually make fireworks. The recipes can’t be found in the recipe book even when the player has all the required items, which can be a bit frustrating for the casual player, because it requires going into the Wikipedia page of the game and looking for the information.
Have no worry however, because we’ve got you fully covered with all the tips and tricks you need to know about making fireworks and all of their quirky uses. Let’s get right into it.
10For Decoration
The first use for fireworks is obviously for pure decorative purposes. Maybe you’d like to have a celebration of sorts or just light up the night skies with beautiful colors.
Either way, if you craft fireworks and use them at night time against the darkened sky, you’ll be able to see various colors and patterns depending of the kind you’ve crafted. The fireworks are visible during the day as well, but it will be more difficult to spot them against a brighter sky.
9Elytra Fuel
After defeating the Ender Dragon, you’re granted access to the End, an alternate dimension where Endermen live among Chaurus Fruit trees and End Cities. If you happen to come across a particularly large one with an End ship, you’ll discover the Elytra, which essentially let’s the player glide and fly around.
In order to maintain your flight, fireworks without any charge are used to propel you into the skies. Although flying machines can be made as well, having a stack of fireworks is a lot more convenient in general.
8Ammunition For Crossbow
If you come across an Illager settlement, chances are you’ll probably pick up a crossbow off of one of these evil versions of Minecraft villagers. The crossbow can be loaded up with fireworks as ammunition, and the higher the charge is the longer the range will be.
As soon as the firework comes into contact with a target, it will detonate in an explosion, making it a great mini cannon for anyone looking to deal with some serious damage on mobs at night time while defending their homestead.
7Ingredients Needed
Fireworks are not the cheapest of items to make. The two ingredients needed are paper and gunpowder. Paper can be made from three pieces of sugar cane, which is widely available in the wild.
Gunpowder, on the other hand, is found in chests in Desert Temples and Buried Treasure locations, as well as in dungeons and mine shafts. If you manage to kill a Creeper before it explodes, it will also drop a bit of gunpowder depending on how good your sword is.ADVERTISING
6Crafting Recipe
Once you have the needed ingredients, the recipe is fairly straightforward. You’ll need one piece of paper anywhere on the crafting table grid and 1-3 pieces of gunpowder. The more gunpowder you use, the higher the charge of your firework will be and the longer their range or flight duration will be.
If you’re making the fireworks for Elytra, it’s recommended to always use three pieces of gunpowder to take advantage of the longest possible flight duration. If you’re planning on using the fireworks for decoration only, the recipe also calls for a Firework Star, the most basic one being a combination of glowstone, brown dye and gunpowder.
5Using Fireworks
Once you have your fireworks prepared, you can either use your crossbow to shoot them or place them on the ground to send them up in the skies. When using with an Elytra, it can be a bit more difficult to activate the flight.
It’s recommended to get to a high spot such as a mountain or even the roof of your Minecraft house and then jump down. While falling, engage your Elytra’s glide and then look upwards into the sky before shooting a rocket. This should propel you away and off the ground.ADVERTISING
4Creeper-Shaped
For this decorative firework, you’ll need a Firework Star made of one magenta dye, any mob head and one gunpowder. You can use any other type of dye as well. The mob heads can be obtained if a mob is killed by the explosion of a charged Creeper.
Alternatively, the easiest mob head to find is the Dragon Head found on End ships. Then combine the star with one piece of paper and as 1-3 charges of gunpowder to determine the length of the effect. Once you shoot this firework into the skies you should be able to see a magenta colored Creeper face.
3Burst
In order to get an orange burst kind of effect, you’ll need one piece of dye, one gunpowder and one feather. Feathers are dropped by chickens when they’re killed.
If you want to add a fade effect to this firework, combine the Firework Star with any dye of your liking before then combining it with one paper and as many gunpowder charges as you need. The result is a simple burst like firework with orange fading into red.A
2Twinkle Burst
The green twinkle burst effects can be crafted by combining any available dye, one feather, one piece of glowstone and one gunpowder.
If you want to add a fade to another color, the process is still the same: combine the Firework Star with yellow dye and then combine it once again with a piece of paper and as many charges of gunpowder as you need. You should now have a beautiful green twinkle burst fading into a yellow shade.
1Star-Shaped Twinkle With Trail
The final type of firework is a star-shaped blue twinkle with a trail, and is undoubtedly the most expensive one. In order to craft this Firework Star you’ll need any dye of your choice, one gold nugget, one diamond and one piece of gunpowder.
If you to add a fade to a color, combine the Firework Star with any dye before combining it with one paper and as many pieces of gunpowder as you need. The crafting price of this item might be high, but it definitely creates the most beautiful firework.
Who knew Minecraft offered such a rich training ground for AI and machine learning algorithms? Earlier this month, Facebook researchers posited that the hit game’s constraints make it well-suited to natural language understanding experiments. And in a newly published paper, a team at Carnegie Mellon describe a 130GB-734GB corpus intended to inform AI development — MineRL — that contains over 60 million annotated state-action pairs (recorded over 500 hours) across a variety of related Minecraft tasks, alongside a novel data collection scheme that allows for the addition of tasks and the gathering of complete state information suitable for “a variety of methods.”
“As demonstrated in the computer vision and natural language processing communities, large-scale datasets have the capacity to facilitate research by serving as an experimental and benchmarking platform for new methods,” wrote the coauthors. “However, existing datasets compatible with reinforcement learning simulators do not have sufficient scale, structure, and quality to enable the further development and evaluation of methods focused on using human examples. Therefore, we introduce a comprehensive, large-scale, simulator paired dataset of human demonstrations.”Recommended videosPowered by AnyClipHope for quadriplegia patients in pilot with video gamersPauseUnmuteCurrent Time 0:03/Duration 0:57Loaded: 20.14% FullscreenUp Next
For those unfamiliar, Minecraft is a voxel-based building and crafting game with procedurally created worlds containing block-based trees, mountains, fields, animals, non-player characters (NPCs), and so on. Blocks are placed on a 3D voxel grid, and each voxel in the grid contains one material. Players can move, place, or remove blocks of different types, and attack or fend off attacks from NPCs or other players.
As for MineRL, it includes six tasks with a variety of research challenges including multi-agent interactions, long-term planning, vision, control, and navigation, as well as explicit and implicit subtask hierarchies. In the navigation task, users have to move to a random goal location over terrain with variable material types and geometries, while in the tree chopping objective, they’re tasked with obtaining wood to produce other items. In another task, players are instructed to produce objects like pickaxes, diamonds, cooked meat, and beds, and in a survival task, they must devise their own goals and secure items to complete those goals.
Each trajectory in the corpus consists of a video frame from the player’s point-of-view and a set of features from the game-state, namely player inventory, item collection events, distances to objectives, and player attributes (health, level, achievements). That’s supplemented with metadata like timestamped markers for when certain objectives are met, and by action data consisting of all of the keyboard presses, changes in view pitch and yaw caused by mouse movement, click and interaction events, and chat messages sent.
To collect the trajectory data, the researchers created an end-to-end platform comprising a public game server and a custom Minecraft client plugin that records all packet-level communication, allowing the demonstrations to be re-simulated and re-rendered with modifications to the game state. Collected telemetry data was fed into a data processing pipeline, and the task demonstrations were annotated automatically.
The researchers expect MineRL will support large-scale AI generalization studies by enabling the re-rendering of data with different constraints, like altered lighting, camera positions, and other video rendering conditions and the injection of artificial noise in observations, rewards, and actions. “We expect it to be increasingly useful for a range of methods including inverse reinforcement learning, hierarchical learning, and life-long learning,” they wrote. “We hope MineRL will … [bolster] many branches of AI toward the common goal of developing methods capable of solving a wider range of real-world environments.”
Microsoft has kicked off its Minecraft Earth beta, serving a tease of its upcoming mobile spin-off of the hit adventure blockbuster. Fusing mapping and location data with augmented reality (AR) technologies, the game brings the voxel world to life, attempting to mirror the success of Pokemon GO.
While Minecraft Earth remains locked down to an invite-only beta, lead Mojang figures recently hosted a Q&A session via the game’s official Discord channel. Fielding community questions, we received an insight into the current status of Minecraft Earth and future ambitions the title.
The Minecraft Earth beta and tackling Android
Minecraft Earth’s initial beta is limited to a select pool of registered beta participants, randomly selected among those in five eligible cities, and using iOS-based devices. While Microsoft has sights set on worldwide availability, the pre-release client only spans Seattle, London, Tokyo, Stockholm, and Mexico City for July 2019. Committed to a broader rollout in the weeks ahead, budding players are understandably clamoring for the chance to play.
“At this time we don’t have plans to expand the beta beyond the current 5 cities,” said Minecraft Earth Community Manager when questioned on expansion plans. “We’re being thoughtful about our release and want to make sure that we roll the game out in a very thoughtful way.” Mojang instead aims to expand more players in existing regions throughout the beta, with a wider footprint after testing concludes.
The team also reaffirmed plans to hit Android “later this summer,” on track for a future stage in testing. “I know it’s the ‘typical saying’ that you hear, but really, we want to get the Android folks into the beta as well.” Minecraft Earth Software Engineer, under the moniker “Murtag,” also confirmed plans for iOS and Android cross-play and cross-saves, allowing players to shift progress between multiple devices.
Mojang remains uncommitted to a release date for the final version of Minecraft Earth, instead advising players to “stay tuned” throughout ongoing tests.
What the future holds for Minecraft Earth
Mojang also outlined plans to diversify the Minecraft Earth world, including existing locales from the vanilla package. Design Director Craig Leigh touched on “eventually” implementing the hellish Nether underworld, likely bringing new blocks and mobs too. “Yes you can build an Obsidian portal, but currently you can’t light it.”
Leigh also confirmed plans for biomes in Minecraft Earth, bringing further variation to the overhead map. “Per our announcement trailers, we want to create different Biomes that will provide different resources,” said a fellow staffer. While in the closed beta, exploration is limited to basis grasslands packed with flora and chests, dynamic biomes and rewards could soon take influence from real-world surroundings.
However, Mojang was fast to rule out modding support, a prior lifeline that propelled vanilla Minecraft one decade ago. Although built on Microsoft’s reworked “Bedrock” engine and sharing underlying DNA, Minecraft Earth adopts a more closed, tailored experience.
Moderation garnered noteworthy attention too, including the steps Mojang is taking to combat toxicity. Expanding on the existing foundation of resource collection and construction, community-sharing hooks into location features to drop digital creations in public spaces.
Questions touched on the potential of overcrowding the augmented reality world with digital structures and how Mojang looks to ensure enough real estate. “[W]e are working on a new exciting system to deal with this,” state Leight. “Don’t worry, if you want to show you build off to the world you will be able to. More news soon.”
And the topic of user-generated content and keeping kids safe from those who seek to exploit gameplay, the team has committed to moderating publicly shared content. Mojang also pledges to crack down for cheaters across Minecraft Earth, including GPS spoofing to fake their physical locations.
For those looking for a chance to pick up Minecraft Earth ahead of launch, registration for the closed beta remains live on the official site. In the meantime, don’t miss on our early impressions from E3 2019, which dives into the full scope of Microsoft’s mobile block-building ambitions.
Roblox, a popular digital playground similar to communities like Habbo Hotel and games like Second Life, has hit a new milestone — 100 million monthly active users. The company celebrated by released an exclusive, limited-edition accessory for players, which can be redeemed for free.
“Roblox began with just 100 players and a handful of creators who inspired one another, unlocking this groundswell of creativity, collaboration, and imagination that continues to grow,” CEO David Baszucki said in a press release today.
The company has been slowly building its user base since the game first launched in 2005, four years before one of its biggest competitors, Minecraft. Roblox has become increasingly popular in recent years, though. The game has a big following on YouTube, and was even parodied in a Kanye West music video, where he and Lil Pump dressed up as Roblox avatars.
To compare, Minecraft has 91 million monthly active players, according to Microsoft. The game has seen a recent uptick in interest thanks to more YouTube creators, like Jacksepticeye and PewDiePie devoting lengthy videos to gameplay sessions. New tools, like ray tracing, also caught the interest of players who had walked away from the game. Other factors, including a new weekly series called Minecraft Monday from YouTube creator Daniel “Keemstar” Keem, have helped to bring Minecraft back to the forefront of gaming conversation.
“Nine years later those children are older teens or adults and nostalgia has set in,” Keem toldPolygon. “Over the last two years, Minecraft has been added to meme culture, making it also cool again.”
The new interest in Minecraft could mean that the Microsoft-owned game will surpass Roblox. It’s also possible augmented reality game (and Pokémon Go competitor) Minecraft Earth could be the thing to push Minecraft past Roblox when it launches later this year. Until then, Roblox is on top.
