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Strauss Zelnick

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Take-Two CEO Defends Record Amid GTA 6 Delay Criticism
business24 days ago

Take-Two CEO Defends Record Amid GTA 6 Delay Criticism

Take-Two CEO Strauss Zelnick reacted defensively to investor questions regarding Grand Theft Auto 6 delays during a September 17 shareholder meeting. He emphasized the company's financial turnaround since 2007, noting a 1,200% stock increase and revenue guidance of $8 to $8.2 billion. Zelnick confirmed GTA 6 will launch as a single-player title on November 19 without recurring consumer spending, while maintaining support for GTA Online. The meeting highlighted tensions between long-term corporate success and recent operational delays.

via Kotaku|
#business#grand-theft-auto-6#rockstar-games
GTA 6 fuels Take-Two's upgraded 2027 outlook as digital sales dominate
business2 months ago

GTA 6 fuels Take-Two's upgraded 2027 outlook as digital sales dominate

Take-Two lifted its Fiscal 2027 net bookings outlook to $8.2 billion thanks to GTA 6, and CEO Strauss Zelnick says sales are already well over 90% digital, underscoring the industry’s shift away from physical releases; while pre-orders for GTA 6 look strong, he cautions against counting on sales until they materialize, and the company notes a dip in its mobile business as the stock moves lower.

via Eurogamer.net|
#business#digital-distribution#gta-6
Take-Two Surges Past Guidance as GTA 6 Countdown Fuels M&A Push
business2 months ago

Take-Two Surges Past Guidance as GTA 6 Countdown Fuels M&A Push

Take-Two Interactive reported FY2026 net bookings of $6.72 billion, roughly $750 million above initial guidance, with a near-equal split between mobile and traditional gaming. The company expects over $1 billion in operating cash flow in the next 12 months, driven by the GTA 6 launch, and signals pursuing accretive acquisitions and tech investments as it frames FY27 as a major inflection point for the business.

via Insider Gaming|
#business#grand-theft-auto-6#manda
Take-Two Chief: GTA-Scale Hits Still Possible, But Earned with Creativity
business4 months ago

Take-Two Chief: GTA-Scale Hits Still Possible, But Earned with Creativity

Take-Two CEO Strauss Zelnick warned that landing a GTA-scale hit remains extremely hard as the entertainment landscape matures, pointing to former Rockstar staffers’ attempts (notably Build a Rocket Boy’s MindsEye) that ended poorly despite high hopes. He suggested a future GTA-like success could come from outsiders who bring extraordinary creativity, and emphasized Take-Two’s goal of attracting and integrating such talent into its system, rather than relying on technology alone.

via Kotaku|
#business#gta#mindseye
Zelnick rejects 'missed opportunity' talk as RDR2 hits 85M sales
business4 months ago

Zelnick rejects 'missed opportunity' talk as RDR2 hits 85M sales

Take-Two CEO Strauss Zelnick dismissed claims that Red Dead Online represents a missed opportunity, stressing that Red Dead Redemption 2’s multiplayer has been hugely successful with 85 million copies sold. He argues GTA Online remains the primary revenue driver, that Rockstar shifted focus toward GTA 6 and GTA Online, and notes Red Dead Online has seen limited updates since 2021 even as a recent Blood Money drop arrived; a full return of Red Dead Online remains unconfirmed while GTA Online continues to generate far more weekly revenue.

via Eurogamer|
#business#gta-online#rdr2
Zelnick Sees Hope Amid BioShock Delay as Take-Two Refines Its Creative Path
technology5 months ago

Zelnick Sees Hope Amid BioShock Delay as Take-Two Refines Its Creative Path

Take-Two CEO Strauss Zelnick says he's deeply disappointed by the absence of a new BioShock, acknowledging the long development at Cloud Chamber since 2019 and a leadership shift that brought Rod Fergusson to lead the studio. He notes the project has faced creative dead ends and resets, but remains hopeful that a great BioShock is in the works and that the team is now on a clearer creative path after years of delays.

via Eurogamer.net|
#bioshock-4#cloud-chamber#rod-fergusson
Zelnick weighs GTA 6 jitters, Zynga rebound and a bet on original IP
business5 months ago

Zelnick weighs GTA 6 jitters, Zynga rebound and a bet on original IP

Take-Two CEO Strauss Zelnick told Variety at Las Vegas’ Interactive Innovation Conference that GTA 6 jitters are real ahead of the November launch, but he aims for creative independence, careful pricing, and staying true to the IP rather than chasing brand partnerships; he also praised Zynga’s rebound under Frank Gibeau, stressed investing in original properties, and noted that pricing news would come soon while pausing a past franchise sequel if the team isn’t passionate.

via Variety|
#business#gta-6#original-ip
GTA 6 Pricing Promise: Take-Two Boss Seeks a ‘Reasonable’ Tag Amid Massive Hype
gaming5 months ago

GTA 6 Pricing Promise: Take-Two Boss Seeks a ‘Reasonable’ Tag Amid Massive Hype

Take-Two CEO Strauss Zelnick says GTA 6 will have a 'reasonable' price, arguing value justifies cost as the market debates whether to push prices higher; he notes $60–$70 has persisted for years while Nintendo charged $80 for Mario Kart World, and hints GTA 6’s price will reflect delivering something amazing. He also mentions DLC/microtransactions as a way to cover rising costs, and confirms GTA 6 launches November 19 for PS5 and Xbox Series X|S amid enormous hype and high expectations.

via GameSpot|
#dlc#gaming#gta-6