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GAMING / INDUSTRY

  The Worlds Biggest Blockbuster Is Set To Hit And It's A Steal

By Content Agenda | Sunday | 27/04/2008

Forget about Hollywood blockbusters the new gig in town is "Grand Theft Auto IV." which in one week is expected to gross over $400M dollars which is a a record for video games and possibly the biggest debut ever for an entertainment product.

According to Content Agenda: Sources close to publisher Take-Two Interactive, whose Rockstar Games label is developing and releasing the title, said that the latest installment of the hit franchise will reach that figure and sell some 6 million units after it launches worldwide on April 29.

Though they rarely release the data, videogame publishers are able to accurately predict early game sales based on what retailers order.

Microsoft currently holds the record for the biggest videogame launch with "Halo 3," which grossed $300 million in its first week and sold about 5 million units.

"GTA IV" has even bigger potential, however, since it is available for both the PlayStation 3 and Xbox 360. "Halo 3" was an Xbox 360 exclusive.

Several industry analysts also told Daily Variety that they fully expect "GTA IV" to come close to and possibly exceed $400 million in sales out of the gate.

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