At 9 pm on September 22 last year, a group of City of London police officers waited outside room M15 at the Travelodge Bicester, a one-star budget hotel in Oxfordshire, England, for the right moment to bust in. On the other side of the door was someone they believed to be behind two serious data hacks: one on Uber Technologies and the other an unprecedented leak of code for Rockstar Games's unreleased Grand Theft Auto sequel.
Grand Theft Auto publisher reiterates plans for a ‘record’ turning point in its next fiscal year
08.08.2023 - 21:09 / videogameschronicle.com / Strauss Zelnick
Grand Theft Auto publisher Take-Two Interactive has reiterated that it expects a major turning point in its next fiscal year.
During its earnings report for the first quarter of its fiscal year 2024 (which ends in March 2024), the publisher announced net bookings of $1.2 billion for the quarter, which was at the high end of its expectations.
(Net bookings cover the net amount of products and services sold digitally or sold-in physically, and includes not just game sales but other income including licensing fees, merchandise and in-game ads.)
It also reiterated its previous prediction of total net bookings between $5.45 to $5.55 billion for the entire fiscal year 2024.
Looking forward, however, the publisher again made reference to its next fiscal year and reiterated its previous claims that major things are planned for this period.
“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,” Take-Two CEO and chairman Strauss Zelnick said in a statement.
“We would like to thank all of our stakeholders for their continued support, and we look forward to delivering on this exciting next chapter.”
Although it has yet to explicitly confirm it, this latest statement – and others like it made previously – have led to speculation that Grand Theft Auto 6 is set for release during fiscal year 2025.
If accurate, this would mean Grand Theft Auto 6 would be released no later than March 2025.
This isn’t the first time Take-Two has suggested its next fiscal year would see a huge surge in sales.
In an earnings call in May, Zelnick called fiscal 2025 “a highly anticipated year for our company”, claiming it would be “launching several groundbreaking titles we believe will set new standards in our industry and enable us to achieve over $8 billion in net bookings and over $1 billion in adjusted unrestricted operating cashflow”.
The website gametalkz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Authors
Popular Topics
eurogamer.net
23.08.2023 / 16:43
Teenager took part in Grand Theft Auto 6 hack, court finds
A court has found two teenagers were part of several extensive hacking sprees conducted by the Lapsus$ group.
tech.hindustantimes.com
20.08.2023 / 05:03
Get ready for the iPhone 15: What Apple has in store as its next big release; check launch date too
Are you ready for the next big thing from Apple? The iPhone 15 launch event is on its way, and it's expected to bring some exciting changes. While nothing is official until Apple makes the announcement, there have been leaks and rumors that give us a glimpse of what's coming. Apple iPhone 15 launch date is likely September 12 or September 13.
rockpapershotgun.com
19.08.2023 / 23:01
No Man's Sky is seven years old and its next update is called Echoes
It has now been seven years since No Man's Sky released, which means there have been seven years of post-release updates. In a trailer released to celebrate the anniversary, Hello Games teased the next update by giving it a name: Echoes.
thegamer.com
19.08.2023 / 12:27
Grand Theft Auto 5's Franklin Actor Is Making His Own GTA Online Roleplay Server
Shawn Fonteno, the voice and motion capture actor behind one of GTA 5's three protagonists, Franklin Clinton, has revealed a new roleplay server based on his character - Franklin's World.
gamesradar.com
18.08.2023 / 17:09
This gorgeous urban open-world RPG looks like Genshin Impact meets Grand Theft Auto
Naraka: Bladepoint publisher NetEase Games has revealed teasers for Project Mugen, an urban open-world RPG being developed by Naked Rain, one of its subsidiary studios.
gameranx.com
14.08.2023 / 14:45
Grand Theft Auto VI Fan Shows Leaked Video Confirming Vice City Setting
There’s no shortage of rumors and speculation pieces for the video game industry. Fans will quickly look to figure out everything they possibly can from a development studio when it comes to their next big video game release. For instance, one IP that has been constantly seeing a new batch of rumors is Grand Theft Auto. Fans are waiting on Rockstar Games to unveil Grand Theft Auto VI finally. This installment is in the works, but we have not seen anything official. Fortunately for fans, there was a series of leaked clips that surfaced online, and it gave players a bit more insight into the game.
gamingbolt.com
14.08.2023 / 11:31
Forza Motorsport Won’t Support Splitscreen Multiplayer at Launch
From a completely new track in Grand Oak Raceway to new details on multiplayer, Turn 10 Studios revealed plenty of new details on the upcoming Forza Motorsport in a recent Forza Monthly stream. During the stream, the developer also confirmed that a few multiplayer features won’t be supported in the racing sim that previous games did support.
tech.hindustantimes.com
11.08.2023 / 14:05
GTA Online: 3 BEST heists in Grand Theft Auto to win the highest payout
Grand Theft Auto V or GTA V is one of the most popular games in the world. Since its debut in 2013, the game has gone on to become the second best-selling video game of all time, with over 175 million copies sold. The game has two modes - a story mode and an online multiplayer mode. With GTA V story mode, players can experience an action-filled storyline that follows the journey of Trevor, Michael, and Franklin. Although there are a lot of missions to complete and activities to carry out, players are bound to get bored with it. This is where GTA Online comes in.
polygon.com
11.08.2023 / 13:57
Rockstar just made a big investment in the Grand Theft Auto role-playing scene
Rockstar Games announced Friday that it has acquired Cfx.re, the team behind Grand Theft Auto 5 mod FiveM and Red Dead Redemption 2 mod RedM, two popular mods that power custom multiplayer and robust role-playing experiences on those games.
tech.hindustantimes.com
11.08.2023 / 08:05
Samsung Galaxy S24 Ultra could blow away iPhone 15 with its next-gen display
Samsung recently announced its latest foldables, the Galaxy Z Fold 5 and Flip 5, but it is already looking forward to the launch of its 2024 flagship, the Galaxy S24 Ultra. As per reports, the smartphone is already in development with details about its various components surfacing. The Galaxy S23 Ultra is considered as the best Android smartphone by many due to its excellent camera and display. It competes directly against the iPhone 15 Pro Max for the position of the best smartphone in the market.
wccftech.com
10.08.2023 / 13:17
PS5 Cloud Streaming Rumored to Launch This Fiscal Year; Powered by Custom Hardware
Earlier this week, Sony opened the gates to the PS5 cloud streaming testing phase by inviting select PlayStation Plus Premium subscribers to test the feature. Early reports revealed that 4K streaming is already supported, making it an improvement in streaming quality over Microsoft's XCloud, which is currently limited to FullHD (1080p) streaming.