2023-05-17 21:17:22
Tonight, at 10 p.m., was the traditional quarterly review of Take Two Interactive. The opportunity for us to learn a little more regarding the sales of Rockstar Games games, the (always stratospheric) income from Take Two, but also to learn a little more regarding “the next opus of GTA”.
Because yes, this evening, during the call with the investors, Strauss Zelnick did indeed mention “the next entry in the Grand Theft Auto series”. We are of course talking regarding GTA 6. During the previous review, at the beginning of February 2023, Take Two Interactive hadn’t mentioned the game and hadn’t even alluded to it. Enough to disappoint fans who had high expectations given that a year earlier, on February 4, 2022, Rockstar Games officially confirmed the development of GTA 6 by announcing active development.
Tonight, Strauss Zelnick does not teach us much. The CEO of Take Two confirms once once more that the next opus of the GTA saga is in active development, he even allows himself to announce that this development is “well advanced”.
Official: Regarding “the next installment in the GTA series”, Take Two announces active development which is “well advanced”. #GTA6 / #GTAVI pic.twitter.com/OldFIckd4L
— Chris’ Klippel (@Chris_Klippel) May 17, 2023
But the most interesting came a bit later in the call. After revealing the nice figures concerning the firm’s revenues and profits, Strauss Zelnick talks regarding the future and confirms that Take Two Interactive is expecting a very big fiscal year 2025. The CEO does not mince his words and confirms that the fiscal year 2025 might set “new standards” in the (video game) sector which might reach “over $8 billion in net revenue”. Knowing that the fiscal year 2025 of Take Two will begin on April 01, 2024 and that it will end on March 31, 2025, it’s very likely that, for the moment, GTA 6 is expected for a release at the end of 2024 .
Take Two expects fiscal 2025 to be a very big year that might set “new standards in our industry” that might reach “over $8 billion in net revenue.”
Ok. I think we all get it.
The 2025 fiscal year will begin???? pic.twitter.com/g5cU5JQ5QC— Chris’ Klippel (@Chris_Klippel) May 17, 2023
During the phone call, Strauss Zelnick said: “For several years, we have been preparing our company to launch an incredibly solid series of projects that we believe will take our company to even higher levels of success. . In fiscal 2025, we plan to usher in this new era by launching several game-changing titles that we believe will set new standards in our industry and enable us to reach over $8 billion in net revenue and over $1 billion of adjusted unrestricted operating cash flow. We expect to build on this momentum by posting even stronger operating results in fiscal 2026 and beyond.”
We understand without great difficulty that these forecasts concern the releases of GTA 6, Mafia 4 or even the next BioShock. That said, $8 billion is still an astronomical sum, difficult to envisage and imagine. One thing is certain, the parent company of Rockstar Games can sleep soundly.
[SOURCE]
Good evening to all on Rockstar Mag’ ????
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