$500 Million Week for Grand Theft Auto

Grand Theft Auto
When I watched Take-Two interactive bounce 44% in one day on the Grand Theft Auto news, I remember thinking how difficult a nose-bleed valuation like that would be sustainable. Apparently not so difficult, according to NYTimes, 3.6 million units were sold on the first day and $500 million in sales in the first week for Grand Theft Auto. Statistics like these are the very head of the long-tail curve.

 

About Tod Whipple

An obsessed serial entrepreneur. Founder of Startup Addict. Commercial Real Estate Expert. Technology Ninja. Lover of all things Business. Former movie & television producer. I have a Black Belt in "Keep'in it Real". Fuel your passion it will be 1% work 99% fun. You can connect with me on LinkedIn or follow me at @todwhipple or this blog @startupaddict.

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  • Tony Edward

    Hollywood can only dream of having a week as huge as this. I dream of the day that I have the choice of seeing a new movie at the theatre of the day it comes out, or watching it on PPV, or buying it at the store on DVD. Heck, some movies are so good I would pay for a DVD of the movie on the way out of the theatre. Hopefully the “simultaneous release” concept is not to far off.