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The launch of GTA VI makes more sense two years from now, when more people will own the next gen gaming consoles like the PS5 and the Xbox Series X, and the game will reach a wider audience. However, the timing of the next Grand Theft Auto remains top-of-mind for investors, particularly with the stock near all-time-highs.” Considering GTA V is still a hit among customers and also, the next generation of consoles hasn’t been launched yet, it seems like Take Two’s Rockstar Games is in no hurry to launch the next iteration in the gaming franchise. has spoken very confidently about the pipeline over the next five years and existing live services execution has been excellent. The report quotes a part of Jeff Cohen’s note to the investors: “We are not sure how much we should be reading into this shift, but we would note that this disclosure accurately predicted the launch of Red Dead Redemption 2 prior to that game’s announcement. The huge marketing expenditure in fiscal 2024 is being seen as a hint to the release of GTA VI during that time. This is almost twice the marketing budget of Take Two for any other fiscal year that falls over the next five years. According to its 10-K SEC filing that was made recently, the video game publisher plans to burn about $89 million on marketing during the fiscal period that ends on March 31, 2024.

The report is based upon the calculations of analyst Jeff Cohens of investment firm Stephens.

Processor: Intel Core 2 Quad Q6600 2.4 GHz/AMD Phenom 9850 2.Take Two Interactive, the video game company known for its Grand Theft Auto series, may be planning to release the long awaited GTA VI in 2023, as per a report by VentureBeat.
#Gta india full version#
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