Take Two’s newest earnings report solely has the barest direct point out of Grand Theft Auto 6, which says that lively growth is “effectively underway” on GTA 6–the similar wording Rockstar used when it introduced the sport over a 12 months in the past. CEO Strauss Zelnick has dropped a touch that the corporate will likely be dropping one thing main within the 2025 fiscal 12 months, 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 12 months, 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 a substitute hinted that the 2025 fiscal 12 months, which runs from April 2024 to March 2025, would have a “a big inflection level … which we imagine will embody new report ranges of working efficiency.” It is extremely doubtless that the inflection level refers to Grand Theft Auto 6’s launch, as some of the anticipated video games presently 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 dwell service video games together with Grand Theft Auto On-line and NBA 2K23. Its persevering with technique hinges strongly on a dwell service mannequin, together with growing “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 largest 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 numerous divisions, together with collaborations with Weta Workshop and Pokemon developer Recreation Freak, no new launch dates have been revealed within the investor report. Take Two notes that launch dates for fiscal years 2025 and 2026 will likely be given with its This fall 2024 report, which means we nonetheless have some time to attend for any extra particulars. Hopefully we’ll hear extra about GTA 6 straight from Rockstar earlier than then.
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