A new report has GTA 6 costing the entire video game industry a few billion dollars due to its delay. The game recently caused Take-Two’s stock to drop and create some panic among games developers but that’s not all the damage it is causing this year.
According to analytics firm Ampere via The Game Business, there will be around 700,000 less Xbox and PS5 console sales due to the lack of GTA VI out in the calendar year. There are still plenty of people waiting to purchase a PS5 or Xbox Series X|S purely for GTA 6. Given the recent tariffs which are leading to price rises and the GTA VI delay, it makes sense that those people are not rushing out to get a new console.
Ampere also have decreased their outlook for game sales from current PS5 and Xbox Series X|S owners too. Their number is around 20 million less than before due to GTA VI. Combination of the drop in console sales and game purchases comes to $2.7 billion less in revenue.
Some Better News?
On a more positive note, the growth GTA VI would have given the industry this year has just moved back. It is the most anticipated entertainment product of all time so it will still do very well and lift up revenue in the industry. That said, publishers, platforms and other companies will have to fight to survive through 2025.
It will be interesting to see how the industry fairs without GTA VI this year. Rockstar may still put out a few releases though. It has been leaked by a Rockstar Games insider that the company started work on a new GTA 4 release last year. Plus, two outlets are reporting Red Dead Redemption 2 will come to Nintendo Switch and get a next gen update this year.
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