Take Two’s newest earnings report solely has the barest direct point out of Grand Theft Auto 6, which says that energetic improvement is “effectively underway” on GTA 6–the identical wording Rockstar used when it introduced the sport over a yr in the past. CEO Strauss Zelnick has dropped a touch that the corporate shall be dropping one thing main within the 2025 fiscal yr, nevertheless, which appears prone to be the extremely anticipated GTA sequel.
It is clear from Take Two’s forecasting that GTA 6 will not be launched throughout the 2024 fiscal yr, which ends on March 31 2024–though it was already unlikely that we’d see the sport that early. Take Two CEO Strauss Zelnick as an alternative hinted that the 2025 fiscal yr, which runs from April 2024 to March 2025, would have a “a big inflection level … which we imagine will embrace new file ranges of working efficiency.” It is extremely seemingly that the inflection level refers to Grand Theft Auto 6’s launch, as one of the anticipated video games at present recognized to be in manufacturing.
Till then, Take Two’s focus seems to be on getting extra worth out of its current video games, after seeing higher-than-expected earnings out of its reside service video games together with Grand Theft Auto On-line and NBA 2K23. Its persevering with technique hinges strongly on a reside service mannequin, together with creating “season passes and DLC packs” for key titles, making ready a “post-launch monetization plan” for every new title that is launched, and even releasing choose free-to-play titles for consoles.
The affect of Take Two’s 2022 acquisition of Zynga can be evident within the report, with a renewed concentrate on cell video games. The report reiterates Take Two’s curiosity in bringing a few of its greatest titles to cell, in addition to bringing choose cell titles to console and PC.
Whereas the report mentions different upcoming tasks from Take Two’s varied divisions, together with collaborations with Weta Workshop and Pokemon developer Sport Freak, no new launch dates have been revealed within the investor report. Take Two notes that launch dates for fiscal years 2025 and 2026 shall be given with its This autumn 2024 report, which means we nonetheless have some time to attend for any extra particulars. Hopefully we’ll hear extra about GTA 6 immediately from Rockstar earlier than then.
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