Analysts think GTA 6 likely to launch in the fiscal year 2024

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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.

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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.

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