Michael Pachter

Take-Two Interactive Software's latest financial forecast has cast doubt on the timeline of GTA 6 release, indicating a potential delay beyond March 2025. The company's projections for fourth-quarter bookings fell below market expectations, prompting a 10 percent drop in its shares following the announcement. This may well hurt GTA 6 launch unless the company thinks that the game will have an instant positive impact.

Take-Two Interactive Software tempered expectations for fiscal 2025 bookings on Thursday, after setting the release of Grand Theft Auto VI in the fall of calendar 2025.

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In the latest episode of Pachter Factor, Wedbush Securities Analyst Michael Pachter made some interesting statements on Game Pass, starting with the reported subscriber figure. According to him, Microsoft is not actually counting Game Pass Core (formerly Xbox Live Gold) members in the 34 million subscribers.

Gaming analyst Michael Pachter believes that Xbox Game Pass will reach over 200 million subscribers in the next 10 years. Pachter also highlighted what he says is a common misconception regarding Xbox Game Pass' current subscriber numbers.

A new report has suggested a decline in revenues for GameStop as «sales decline to an unsustainable level.» Quarterly numbers for the company show nearly a 20% decline in revenue compared to the previous year. GameStop is cutting jobs across all levels as a result.

Following the rumors and then the confirmation from Microsoft that several Xbox exclusives (Sea of Thieves, Grounded, Pentiment, and Hi-Fi Rush) would launch on rival consoles from Sony and Nintendo, many gamers took that as an admission of defeat in the console war. However, Wedbush Securities analyst Michael Pachter shared a completely different view in his latest appearance on Pachter Factor, believing that to be an incorrect perception of Microsoft's true gaming plans.

With video-game players increasingly sticking with the titles they've been hooked on for years, leaders in the $184 billion industry are cutting thousands of staffers and canceling riskier projects.

Rockstar has officially dated GTA 6 for release in 2025, but there was some optimism evidenced by parent company Take-Two’s financials which suggested the title may arrive early next year. However, updated guidance from the organisation suggests that’s no longer the case, as discussed by Wedbush Securities analysts Nick McCay and Michael Pachter.

Upon its long-awaited announcement in December, Grand Theft Auto 6 was handed a 2025 launch window, and in its recent quarterly fiscal report, Rockstar Games’ parent company Take-Two Interactive reiterated that window, but when exactly in 2025 will the game be releasing? Judging by Take-Two’s revised bookings forecast for fiscal year 2024/25, the game might not release until at least April 2025.

Word from Take-Two Interactive, parent company of Grand Theft Auto 6 developer Rockstar Games, may have inadvertently narrowed down the upcoming sequel’s release window from a mere “2025.” With Grand Theft Auto 6 not slated to release until next year, plenty of fans are eager for a clearer idea of when exactly they’ll be able to get their hands on Rockstar’s next big game, and a recent financial report may have given them just that.

Grand Theft Auto 6 looks set to be released after March 2025, based on publisher Take-Two’s latest earnings guidance.

Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as NBA 2K, sending its shares plunging 10 percent after the bell.

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The newly rebranded EA Sports FC registered 14.5 million active accounts on console and premium PC in its first four weeks according to Electronic Arts’ latest earnings report. This includes double-digit growth in new players for the franchise. In comparison, FIFA 23 reached 10.3 million players in its first week.

Electronic Arts reported financials for its fiscal second quarter ended September 30 with results driven by its newly renamed EA Sports FC soccer game today.

Xbox maker Microsoft closed its $69 billion (nearly Rs. 5,75,620 crore) deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including Call of Duty to better compete with industry leader Sony.

Billionaire Ryan Cohen's appointment to lead GameStop Corp. drew cheers across the social-media platforms that made him a meme-stock icon. But investors may want to hold the applause based on his spotty record of making money for them.