Take-Two CEO Calms Investors After GTA 6 Setback
Take-Two CEO Strauss Zelnick has addressed shareholder concerns following the GTA 6 delay announcement.
Rockstar Games confirmed today that GTA 6's launch has been postponed from Fall 2025 to May 26, 2026—moving from Take-Two's fiscal year 2026 to 2027. This highly anticipated title is projected to become the most successful entertainment release in history.
Following the news, Take-Two's stock dropped nearly 8% in early trading. The company maintains its forecast for consecutive revenue growth and record net bookings throughout fiscal years 2026 and 2027.
Zelnick expressed full support for Rockstar's decision, assuring investors of a "multi-year growth trajectory" despite the setback.
"We completely endorse Rockstar's choice to extend development time for GTA VI, ensuring it delivers an unparalleled entertainment experience that surpasses fan expectations," stated Zelnick.
"While we recognize the immense anticipation surrounding GTA VI and carefully consider release timing adjustments, our commitment to quality remains unwavering. Our robust pipeline positions us for sustained business growth and increased shareholder value."
With GTA 6's delayed launch impacting projected 2026 revenues, attention turns to Take-Two's other franchises. The publisher's portfolio includes upcoming Borderlands 4 and Mafia: The Old Country releases this year, plus NBA 2K26's annual iteration. Longer-term projects include a new BioShock title and Ken Levine's Judas.
While these releases generate substantial revenue, none can compensate for GTA 6's colossal commercial potential. Most fans anticipated potential delays, though many hoped for fresh gameplay footage alongside the postponement announcement.
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