Grand Theft Auto VI: Take-Two CEO confirms the release of 'several groundbreaking titles' in early 2024 and 2025
Comments made during a recent Take-Two annual investor call have sparked rumours that Rockstar Games and its parent company are finalising the release of Grand Theft Auto VI (GTA VI). To recap, leaked gameplay footage appeared to confirm in September 2022 that Rockstar had based GTA VI in Vice City with a female protagonist. While Rockstar Games did not acknowledge the details pulled out of the leaked gameplay footage, it took down all videos and outlined that 'early development footage for the next Grand Theft Auto' had been 'illegally accessed and downloaded' from its systems.
Now, it has emerged that Take-Two's Chairman and CEO, Strauss Zelnick, may have hinted at the release window for GTA VI in said investor call. The full quote is as follows:
We also issued guidance for Fiscal 2024, which includes Net Bookings in the range of $5.45 to $5.55 billion. Our forecast reflects the challenging consumer backdrop, as well as an extension of the development timelines for several high-profile, long-awaited titles in our pipeline. We believe that we will enter our next phase of growth in Fiscal 2025, as we plan to deliver several groundbreaking titles that we anticipate will set new standards of quality and success and enable us to deliver over $8 billion in Net Bookings and over $1 billion in Adjusted Unrestricted Operating Cash Flow. We expect to sustain this momentum with additional growth in operating performance in Fiscal 2026.
After numerous years of investment and creative development, we are excited about this next chapter for Take-Two. As we execute on our strategy and release what we expect will be an array of hit titles, we believe that we will grow our scale and margins, generating industry-leading returns for our shareholders.
For reference, 'Fiscal 2025' covers April 2024 through March 31, 2025. Evidently, Zelnick does not mention GTA VI by name or the Grand Theft Auto franchise. However, the franchise would fall under the term 'groundbreaking title'. It remains to be seen how many other groundbreaking titles Take-Two has up its sleeve too, although it appears that there will be more than just another Grand Theft Auto title. You can read the full investor call via the link below.
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