When Take-Two Interactive recently struck a deal to buy mobile game company Zynga for $12.7 billion, it was announced with a Press release Including a section on “Strategic Reasoning and Stockholder Value Creation”. Within that was the note, “Looking forward, the combined company is expected to deliver a 14% compound annual growth rate … over the three-year period from Take-Two’s fiscal year 2021 to 2024.”
According to an analyst at investment banking firm Jefferies, quoted by Stephen Totilo of Nerdshala, “There are only a few titles that… can give management the confidence to give such strong guidance; we believe there is at least one Rockstar IP to be released by FY24”. Then came a quote from Doug Kreutz, Cowen’s research analyst, who thinks it points to a “potential GTA 6 launch in FY24”. If true, Grand Theft Auto 6’s release date could be placed somewhere between the beginning of April 2023 and the end of March 2024.
Back in 2020, Take-Two’s financials indicated that its marketing spend would double in fiscal 2024, which was interpreted by an analyst at the time as suggesting a similar release window for GTA 6. A representative for the publisher denied this, however, saying that the figure represented marketing commitments to third-party companies rather than internal studios such as Rockstar.
Whenever GTA 6 comes out, we might have to wait a bit longer for the PC version, as was the case with GTA 5 and Red Dead Redemption 2. Although our own Chris Livingston contributed to our list of bold predictions for 2022. It’s only suggesting that 2023, a full decade after GTA 5’s initial launch, would be the right time to drop a trailer announcing GTA 6, but that it will come together on PC and consoles. I think they have that Rockstar Launcher for a reason.