GTA Publisher’s Top Execs Take Away A Whopping $72 Million, Thanks To Heavy Player Spending

Published 08/02/2023, 12:12 PM EDT

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GTA publishers are having a ball. Reports suggest that Take-Two Interactive paid almost a whopping $70 million to its executives for the success of GTA V. It is definite that the Grand Theft Auto franchise had a band with its seventh main installment. Since its launch in 2013, this legendary RPG has been a definite fan favorite. Now this game’s success is finally public as Take-Two decided to reward its executives for their intense hard work.

Apart from GTA, even Borderlands and NBA 2K had great success in the market. With so many copies sold to fans, publishers are now in the mood to share some fortunes with the teams to bring out the best of the gaming industry. 

Take-Two’s new pay policy hints at its success

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While the corporate world can be very pressurizing, Take-Two Interactive’s hand-out to its employees can surely be a perfect example of team harmony. The game publishing company gave almost $70 million to the team vested for Grand Theft Auto V, NBA 2K, and Borderlands. In this world of corporate capitalism, Take-Two’s initiative is definitely inspirational for many employees. Because of the higher sales number of these games, publishers decided to share some of their revenue with the executives as a reward for their hard work.  

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The news was brought to the media when the annual proxy filing of the company was revealed to its shareholders. The report disclosed that the company’s CEO and President were given $72,350,718 in both stocks and cash money. Previously, Take-Two Interactive gave $20,040,000 to its CEO Strauss Zelnick and President Karl Slatoff.

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Reports suggested that Take-Two’s new agreement said to pay the team proportionately with the company’s market performance. Many fans believe this to be a revolutionary step by the company to acknowledge the team’s effort.

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Not only does this prove the worth of the corporate ethics of Take-Two Interactive, but also that a vast number of people are interested in buying their games. Now Take-Two Interactive is also thinking of paying its team around $44 million, among which 25% of the team expects to receive from the digital sale of games like NBA 2K23 and GTA Online. 

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Following the hike in the money paid to executives of Take-Two Interactive, it is kind of sure to say that the gaming industry has boomed a lot. Don’t you think? 

Watch this story: Ranking The Best GTA Titles of All Time

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Written by:

Diptarko Paul

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Diptarko loves to watch and follow football. He keeps a close watch on EPL with some not-so-frequent keeping track of the other major European football leagues. He supports Brazil as a national team.
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Edited by:

Harshita