GTA 6 receives a development update and potential release time frame as the series hits new heights in sales. During Take-Two Interactive’s Q4 2023 quarterly earnings presentation, CEO Strauss Zelnick discussed the success of Rockstar Games’ titles over the past three months. From GTA V to Red Dead 2, we go over all of his statements in this article.
GTA 6 development update and release time frame
In a slide for their presentation to investors, Take-Two Interactive say “active development for the next entry in the Grand Theft Auto series is well underway”. Whilst we already knew the game was in development, this is a brand new quote from Rockstar Games’ parent company.
They go onto say in their release notes “We believe that we will enter our next phase of growth in Fiscal 2025, as we plan to deliver several groundbreaking titles that we anticipate will set new standards of quality and success and enable us to deliver over $8 billion in Net Bookings. After numerous years of investment and creative development, we are excited about this next chapter for Take-Two. As we
execute on our strategy and release what we expect will be an array of hit titles, we believe that we will grow our scale and margins, generating industry-leading returns for our shareholders.”
One of these groundbreaking titles they refer to could be GTA VI as Take-Two have said this game will set “creative benchmarks for the series, industry and entertainment”.
Grand Theft Auto V goes big for Take-Two
Take-Two Interactive revealed that Grand Theft Auto V sold over 180 million copies, up from the “over 175m” in February. Grand Theft Auto V normally sells an average of 5 million every month. The total sales of the Grand Theft Auto series is now at over 400 million copies worldwide, up 5 million from 3 months ago.
Take-Two Interactive’s CEO Strauss Zelnick has revealed during the earnings call that GTA V, GTA Online and Red Dead Redemption 2 led great performance for the company. GTA V “exceeded expectations”. Adoption of the next gen consoles means the game sold more. In the first 3 weeks of the Los Santos Drug Wars update, GTA V users were up 14% and GTA Online were up 25%. This is up 11% and 20% over the summer update.
As for details on how the Los Santos Drug Wars update, Take-Two say the staggered approach led to a longer tail and greater engagement. GTA+ has also seen continued growth and they say it has had a positive reception.
Red Dead Redemption 2 hits 50m copies sold
Red Dead Redemption 2 sold an extra three million copies in the last 3 months, which is the up from the last quarter. This means Red Dead Redemption 2 has now sold over 53 million copies worldwide, up from 50m last time round. In total the Red Dead Series has now sold over 75 Million copies, up from 70m last time.
Take-Two say Red Dead 2 outperformed their expectations. Red Dead Online also made them happy with continuous growth, up 10% on all platforms year over year.
GTA Trilogy Definitive Edition mobile version continues to be in limbo
Another quarter has passed and no more information on the mobile version of the Grand Theft Auto: The Trilogy – Definitive Edition. Take-Two’s investor reports state the release is “TBA”, to be announced.