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Re:

Who Started the $70 Price Point for Games?

Take-Two, through 2K, first announced a $69.99 next-generation console game with NBA 2K21 in 2020—but it was not an industry-wide agreement.
From TheFinanceBase Team2 min to read
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Take-Two Interactive, through its 2K label, was first to announce a $69.99 next-generation console game: NBA 2K21. On July 2, 2020, 2K set that suggested retail price for the PlayStation 5 and Xbox Series X editions—$10 more than the current-generation versions. It was a publisher’s price for one game, not an industry-wide agreement.

What 2K announced for NBA 2K21

In its July 2, 2020 announcement, 2K listed suggested retail prices of $59.99 for current-generation editions and $69.99 for PlayStation 5 and Xbox Series X editions. The announcement covered both digital and physical formats and cautioned that actual retail prices could vary.

NBA 2K21 edition 2K suggested retail price in 2020
Current-generation standard edition $59.99
PlayStation 5 or Xbox Series X standard edition $69.99
Mamba Forever Edition, either generation $99.99

The $69.99 figure therefore applies to the standard next-generation edition, not every version of the game. The $99.99 Mamba Forever Edition was a separate, higher-priced option. For current-generation launch details, 2K later confirmed the standard edition at $59.99 in its September 4, 2020 release.

What “started $70 games” means—and what it does not

Contemporaneous coverage identified Take-Two as the first publisher to announce a $70 next-generation console game price. That historical claim is specifically about the 2020 launch-price discussion; it does not mean Take-Two invented every kind of expensive game or that every publisher had adopted the price.

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Take-Two CEO Strauss Zelnick said the company spoke for itself and that the industry did not coordinate prices. In an August 3, 2020 GameSpot report, Zelnick argued that frontline game prices had not risen in a long time despite higher production costs, and that the experience offered on new consoles justified the price. Those were the company’s stated reasons, not independent proof that the game’s costs or quality objectively warranted the increase.

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How to read the price comparison

  • Platform generation matters: The $59.99 and $69.99 figures were for different generations of the same game.
  • Edition matters: The $69.99 price applied to the standard next-generation edition; the Mamba Forever Edition had a different price.
  • Suggested price is not necessarily checkout price: 2K described these as suggested retail prices and said actual retail prices could vary.
  • It was an announcement, not a universal rule: Take-Two’s statement did not establish an industry-wide coordinated decision.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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