Grand Theft Auto is one of the biggest franchises in the world of gaming. Ever since its initial release in 1997, the series has enjoyed a prolific rise in popularity. The next game in the franchise, Grand Theft Auto 6, has seen a lot of hype surrounding it. Take-Two Interactive Software CEO Strauss Zelnick gave a tiny morsel of information about the much-awaited title.
Zelnick is the CEO of Take-Two Interactive Software. This is the parent company of Rockstar Games. He recently appeared in a discussion with CNBC, during which Zelnick revealed a massive figure in expected revenue for the following year!
How much yearly revenue is the Company forecasting?
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Rockstar Games is an extensive company that publishes AAA titles. Subsequently, the scale of these releases sees billions of dollars in revenue. And as every year goes, they expect much more than what they have earned previously.
Consequently, fans have speculated that this forecast can indicate a new title, specifically GTA 6, which is rumored to be released in the latter half of 2024. With the sale of this decade-long-anticipated AAA title, it is thought to be responsible for the forecasted sales revenue.
Strauss Zelnick (CEO of Rockstar Games' parent company) was having a hard time avoiding questions about GTA 6 on live TV, stating “Generally, we like to have success before we talk about it.” pic.twitter.com/oIzRGTXpXt
— GTA 6 Trailer Countdown ⏳ (@GTAVI_Countdown) May 23, 2023
Take-Two’s previous fiscal year’s revenue supports this speculation. The last fiscal year saw them earn over $5 billion. This is among the largest in the company’s history. Keeping that figure in mind, the $8 billion estimate may seem excessive initially, however, it only solidifies the potential release of GTA 6.
“Generally, we like to have success before we talk about it. We’ve been working on this for a long time and we have a pretty good ability to predict the performance of new iterations of existing franchises,” Zelnick stated.
Rockstar has been conservative when it comes to forecasting revenue. It means that the $8 billion estimate is one that the developer is confident about, especially since it is much more than what independent sources predict.
GTA 6 has been keeping the fans agitated for a long time now
Fans of the franchise have constantly been on the lookout for updates surrounding the game. Rockstar Games have kept a tight lid on reports of progress following leaks that took place in September 2022. As fans of the developer may know, this is normal as Rockstar keeping things under wraps.
Fans have been waiting for a new installment in the Grand Theft Auto series for over a decade. The last installment, GTA 5, was released in 2013. The age of the game is so prominent that it has been present in three generations of consoles.
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There is another side to this speculation. While it may be indicative of GTA 6 releasing next year, it does not confirm it. The sales may come from releases of other titles developed by Take-Two.
Apart from Rockstar Games, Take-Two also owns 2K. Under this, it has equally popular franchises such as the Borderlands series, the BioShock franchise, the NBA games, as well as WWE games. NBA and WWE titles are a few of many that are released every year. They equally contribute to the sales revenue.
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Only time will now tell how effective these sales will be, and if GTA 6 is to be a contributor, how impactful would it be? When do you think will the next GTA game release? Share your thoughts in the comments below.
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