- The Grand Theft Auto franchise has sold 405 million copies, with GTA 5 selling 185 million since 2013.
- Take-Two Interactive, the parent company of Rockstar Games expects a massive increase in revenue next year.
- Projected FY 2025 net bookings are $8 billion, compared to $5.5 billion FY 2024.
- Last quarter, the company hinted that a GTA 6 release is imminent, as the company would soon start a new phase of growth.
Take-Two Interactive shed more light on its prior comments regarding the future of the company, and what it previously called a new phase in the company’s growth. The company has slowly hinted that the fiscal year 2025 (April 2024 – March 2025) will be an important year for the company and expects a massive revenue bump as rumors hint at a GTA 6 release during this time period.
In its Q1 2024 earnings call, company executives iterated that the company expects to generate $8 billion in net bookings next fiscal year, a massive increase from the $5.5 billion it expects to generate this fiscal year and the 5.2 billion it generated in fiscal ’23. Take-Twos fiscal year lasts from April to March. The following statement was provided in the company’s most recent earnings release:
We 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. We would like to thank all of our stakeholders for their continued support, and we look forward to delivering on this exciting next chapter.”
The company also reported that the Grand Theft Auto franchise has sold 405 million copies since its inception, with Grand Theft Auto V selling 185 million copies, 5 million more since last quarter. They also note that “Active development for the next entry in the Grand Theft Auto series is well underway”.
Everything all but hints at a Grand Theft Auto release sometime between April 2024 and May 2025, Take-Two’s fiscal year 2025. But when exactly could the game be released? Take-Two has a history of announcing its games in October the year before they release, with a release date the following September/October, So an announcement could come as early as this October, with a potential release date of September-November 2024.
The Grand Theft Auto franchise is the largest of all. With 405 million copies sold, GTA 6 will likely surpass its predecessors, but one thing that could be holding it back is the availability and production of current-generation consoles and modern PC hardware. Still, the next GTA game is a title that will generate billions of dollars for Take-Two and Rockstar Games.
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