Take-Two, the publisher of the popular GTA franchise, is a major player in the gaming industry. The CEO of Take-Two, Strauss Zelnick, recently revealed some exciting plans for the GTA franchise and Sony’s PlayStation hardware after the release of the company’s financial report. 

Take-Two Interactive Software, Inc. is an American video game holding company headquartered in New York City. It was founded by Ryan Brant in September 1993. The company owns two well-known publishing labels, Rockstar Games and 2K. Given their reputation and long history, the recent statements from the CEO have a strong possibility of becoming true soon.

Take-Two CEO teases an upcoming PlayStation 5 pro 

Take-Two Interactive recently published its annual earnings report, including projections for the upcoming years. The report revealed significant expectations for the fiscal years 2025 and 2026. Following the report’s release, Take-Two CEO Strauss Zelnick engaged in an interview with GameIndustry.biz to discuss the company’s plans for the coming years.

During the interview, Zelnick was asked about the possibility of mid-generation console refreshes from PlayStation and their impact on Take-Two’s business in the previous generation. He answered this by saying, “We probably will,” see a PlayStation 5 Pro soon and it will not “affect the business very much.”

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Potential GTA 6 release date

According to Take-Two’s FY report, the company has set a target of reaching $8 billion in Net Bookings. In the previous fiscal year, Take-Two achieved a record-breaking $5.3 billion in net bookings, which was a significant milestone. This remarkable performance was largely caused by the contributions of Zynga, a company that Take-Two acquired the previous year.

To meet their ambitious goal of $8 billion, Take-Two will need to make massive acquisitions or release a highly successful title. It is widely expected that this colossal title will be none other than the highly hyped GTA 6. With the next fiscal year beginning in April 2024, there is hope that the long-awaited title is nearing its release.

Take-Two fiscal 2023 full-year results

• Net revenue: Up 53% to $5.35 billion
• Net bookings: Up 55% to $5.28 billion
• Net losses: $1.12 billion, compared to net income of $418 million for the previous year

Take-Two fiscal 2023 fourth-quarter results

• Net revenue: Up 56% to $1.45 billion
• Net bookings: Up 65% to $1.39 billion
• Net losses: $610 million, compared to net income of $111 million for the previous year

Take-Two fiscal 2024 forecast

• Net revenue: Flat to up 2%
• Net bookings: Up 3-5%
• Net losses: Between $518 million and $477 million

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