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Photo: John Phillips (Getty Images)<\/figcaption><\/p>\n<\/div>\n<\/figure>\nMicrotransactions in games like Grand Theft Auto Online<\/em><\/span> have become big business for video game publishers. And it\u2019s likely this won\u2019t be changing anytime soon. New details spotted in a recent contract extension for Take-Two CEO Strauss Zelnick explain that the CEO will earn a big bonus if more players spend more money buying in-game items, coins, and skins.<\/p>\nAs reported by Axios<\/em><\/span>, a\u00a0new contract extension for Zelnick<\/span> means the 64-year-old CEO will continue running Take-Two until 2029. It also lays out how the executive will benefit greatly if games like GTA Online, NBA 2K, <\/em>and Borderlands<\/em> get players to spend extra cash on in-game items, referred to in the contract as \u201crecurrent consumer spending\u201d or RCS items. These items are defined by Take-Two\u2019s contract as digital add-on content, in-game items, and virtual currency<\/span>.<\/p>\nZelnick could earn millions in stock bonuses if the company and its studios sell enough RCS items to either meet or exceed certain thresholds listed in the contract. Based on financial records, in 2021 Take-Two earned over $1.65 billion from April to December<\/span> on only microtransactions. In that same span of time, full game purchases brought in only around $890 million. So it\u2019s clear that Take-Two sees MTX purchases like skins and battle passes as an important way to bring in more revenue.<\/p>\nRead More: <\/strong>Despite Pandemic, Gaming CEOs Made An Obscene Amount Of Money In 2020<\/span><\/p>\nAnd while this isn\u2019t Zelnick\u2019s first contract to award a potentially large stock bonus<\/span> for selling more in-game items, the CEO\u2019s performance is now more affected by MTX purchases than before. It\u2019s yet another sign that Take-Two is heavily invested in microtransactions inside its biggest, most popular games.<\/p>\nKotaku<\/em> contacted Take-Two asking about the new contract and its bonuses.<\/p>\nIt should be noted that CEO performance bonuses and incentives are a common part of contracts<\/span> for such high-profile and large companies. And Zelnick\u2019s contract extension also lists even larger bonuses if Take-Two\u2019s NASDAQ stock prices go up in the future. So it\u2019s not as if his only concern as the CEO is to make sure you and your friends purchase even more Shark Cards in GTA Online. <\/em>However, it\u2019s still notable that in-game microtransactions continue to grow and have since seemingly become the dominant way some big publishers are making money in 2022<\/span>.<\/p>\n<\/div>\n
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Rockstar Parent Company CEO Earns Big Bonus For In-Game Sales - Gaming News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pley2win.com\/?p=16842\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rockstar Parent Company CEO Earns Big Bonus For In-Game Sales - Gaming News\" \/>\n<meta property=\"og:description\" content=\"Photo: John Phillips (Getty Images) Microtransactions in games like Grand Theft Auto Online have become big business for video game publishers. And it\u2019s likely this won\u2019t be changing anytime soon. 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