Take-Two Postpones GTA 6 and Announces Huge Operational Loss
Take-Two Interactive generated net revenues of over five billion Dollars in fiscal 2024, but still posted a loss of 3.74 billion Dollars. Grand Theft Auto 6 has been delayed until fall 2025. CEO Strauss Zelnick said that Roll7 and Intercept Games have not been closed.
Grand Theft Auto 6 will not be released in Take-Two Interactive's current fiscal year, which runs until the end of March 2025. CEO Strauss Zelnick confirms that GTA 6 is now scheduled for autumn 2025. Previously, the game was expected to be released in early 2025. The outlook for the current fiscal year has been revised downward accordingly. At the same time, the releases of NBA 2K25 and WWE 2K25 were confirmed. "As we enter fiscal 2025 with positive momentum, we expect to deliver Net Bookings of $5.55 to $5.65 billion. Our outlook reflects a narrowing of Rockstar Games' previously established window of calendar 2025 to fall of calendar 2025 for Grand Theft Auto VI. We are highly confident that Rockstar Games will deliver an unparalleled entertainment experience, and our expectations for the commercial impact of the title continue to increase," Zelnick says.