Microtransactions, DLC make up 62% of Take-Two’s first quarter revenues

Take-Two Interactive is seeing even more of its money coming from in-game purchases. The company said that “recurrent consumer spending” — which is its name for microtransactions and downloadable content purchases — made up 62 percent of its $388 million in revenue through the first quarter of its fiscal 2019.

Take-Two is the parent company of Grand Theft Auto developer Rockstar Games and NBA 2K publisher 2K. It said that the biggest contributors to its Q1 revenue were GTA Online, Grand Theft Auto V, and NBA 2K18 (which has surpassed 10 million copies sold). It also saw significant revenue from its WWE wrestling games.