Is GTA 6 Nearing? Take-Two's Fiscal Year Projections Trigger 2024 Release Talk

Zinger Key Points
  • Gaming company Take-Two expects significant FY2025 growth, hinting at GTA 6 release in 2024.
  • CEO Strauss Zelnick defends $50 price for Red Dead Redemption ports.

Gaming company Take-Two Interactive Software, Inc. TTWO announced the expectation of a significant revenue increase for the fiscal year 2025, which is April 2024 to March 2025.

This suggested the possibility of the release of the highly anticipated game GTA 6 in 2024, Insider Gaming reported.

See Also: Is GTA 6 On Track To Become The Most Expensive Video Game Ever Produced?

Take-Two CEO Strauss Zelnick expressed confidence in the company's performance during its latest earnings call: "We [Take-Two] remain confident that we are positioning our business for a significant inflection point in fiscal 2025, which we believe will include new record levels of operating performance."

The company aims for $8 billion in Net Bookings in the coming year, indicating a $2.5 billion increase from the current fiscal year's prediction of $5.5 billion.

This optimistic outlook was potentially linked to the speculated release of GTA 6. Given Rockstar Games' history, it's probable that an announcement for GTA 6 might occur around October 2023, with the game launching about a year later, though delays were also possible.

Previous reports and leaks have hinted at a 2024-2025 release timeframe for GTA 6.

Take-Two Stands Firm On $50 Price Tag For Red Dead Redemption Ports Amid Fan Backlash

Moreover, during the earnings call, Zelnick defended the $50 price tag for the upcoming PlayStation 4 and Nintendo Switch ports of Red Dead Redemption.

Rockstar's announcement of these ports drew criticism from fans due to the lack of enhancements, multiplayer and its high price.

"That’s just what we believe is the commercially accurate price for it," Zelnick said after the earnings call, according to IGN.

Take-Two Executive Vice President of Fiinance Hannah Sage noted the upcoming Red Dead Redemption releases include the Undead Nightmare DLC alongside the original game.

When asked if this influenced the $50 price, Zelnick didn't give a clear answer. "[Red Dead Redemption] was a great standalone game in its own right when it was originally released, so we feel like it’s a great bundle for the first time, and certainly a great value for consumers," the CEO replied.

Read Next: Leaked Details Suggest GTA 6 Will Set New Standards With Realistic Water Physics

Photo: Shutterstock

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Posted In: GamingNewsGeneralGTA 6Red Dead RedemptionRockstar GamesStrauss Zelnick
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