Borderlands keeps Take-Two afloat

Take-Two's financial results for fiscal 2009 are out and numbers are down, despite a sterling performance by Gearbox's new IP Borderlands, which passed 2m sales worldwide.

Revenues tumbled 37 per cent to $968m, although Take-Two had expected a weaker cash-flow after delaying key titles like Mafia II. Next year, however, Take-Two will hit back with Mafia II, BioShock II, Red Dead: Redemption and Max Payne 3.

Also, financial 2009 was always going to compare badly to 2008, the year in which Grand Theft Auto IV was released and broke sales records (before Modern Warfare 2 recently smashed those).

Other key sellers for Take-Two this year were Carnival Games with 5m sales, Grand Theft Auto IV: The Ballad of Gay Tony and the GTAIV DLC double-pack, Episodes from Liberty City.