GTA IV might come out in FY 2024-2025 as Take-Two projects significant increase in revenue
According to several analysts, there’s a chance GTA VI might be released in fiscal year 2024. This is according to Take-Two’s own projections, with the publisher expecting a significant increase in revenue.
On March 11, Take-Two released a new SEC filing about its planned acquisition of Zynga for $12.7 billion.
The company expects $3.9 billion in net bookings in FY 2023 (ending March 31, 2023), with this number growing by 33% to $5.2 billion in FY 2024, and to $5.5 billion in FY 2025.
Based on these projections, analysts from Cowen and Jefferies told Axios that they expect GTA VI to come out in FY 2024, or FY 2025. It is also worth noting that the revenue increase might be connected (at least partly) to the acquisition of Zynga, one of the biggest mobile publishers in the world.
Rockstar’s games have always been one of the key drivers for Take-Two’s revenue:
- GTA V came out in October 2013. In FY 2014 (ending March 31, 2014), the publisher reported revenue of $2.3 billion, which was up 93% year-over-year;
- Red Dead Redemption 2 was released in October 2018. Take-Two’s revenue for FY 2019 was $2.6 billion (up 48% year-over-year).
However, there is still no official information about the development progress of GTA VI (besides the fact that it is in the making right now), so it is hard to make any conclusions based on just financial projections. Considering Rockstar’s previous launches, the studio has no deadlines for its big games.
