
With GTA 6 two weeks from launch, a Wall Street Journal tech conference asked Take-Two CEO Strauss Zelnick whether the publisher depends too heavily on one big release. The exchange went viral among gamers, with many finding the question odd given Take-Two’s catalog. Confirmed
What Zelnick said
The question came as Take-Two’s stock sat nearly 20% below its peak from late last year, according to Kotaku. Zelnick’s reply, paraphrased:
- Take-Two has 15 franchises that have each sold at least 5 million copies in individual releases.
- He called it the best collection of owned intellectual property in the industry and said that shows in the company’s top line, bottom line and market value.
- He cited Red Dead Redemption, whose most recent release sold more than 65 million copies, alongside Red Dead Online and GTA Online.
- He also named NBA 2K, WWE 2K, BioShock, Borderlands, Civilization and mobile titles such as Words With Friends.
The other side of the question
Kotaku argued the question was not ridiculous, noting that no entertainment company wants to rely on a single hit and that some of Take-Two’s other lines have faced questions. It cited Borderlands 4 and Civilization 7 as not having been runaway successes and said a new BioShock has still not shipped. Those are the outlet’s views, not facts we have verified independently. Reported
What he has not said
GTA BOOM reports that Zelnick again declined to give a GTA 6 budget figure, saying only that the game was expensive. Reported Take-Two has not published a development cost. Pre-order demand is similarly unquantified by the company; see our note on Sensor Tower’s estimate.
What comes next
Take-Two reports quarterly results on November 9, its last scheduled investor call before launch. We explain the date and what investors will be listening for in Take-Two earnings: what to watch. For Take-Two’s earlier comments on platforms and modes, see our reports on online at launch and PC.
Sources
- Kotaku — the CEO in charge of GTA 6 is confused when asked about hits
- GTA BOOM — Zelnick still will not confirm the GTA 6 budget