Exciting news for fans of the Grand Theft Auto series! The release window for Grand Theft Auto 6 may have just gotten a lot smaller and more specific, based on some calculations regarding Rockstar’s forecast for its upcoming fiscal years. The highly anticipated sequel to GTA 5 has been officially announced by the company as a product in development. An initial look at the game was offered with the reveal of the first GTA 6 trailer back in December 2023, but no other information has been revealed so far, other than those uncovered in hints left in the video.
Now, however, it seems like the period in which the game will arrive has gotten a bit more specific as Take-Two, owner of Rockstar, starts discussing its plans for the next few years. As was noticed by GameSpot, Take-Two revealed via an earnings meeting, transcribed by Seeking Alpha, that its revenue forecast for the 2025 fiscal year (FY25) fell from $8 billion to $7 billion. CFO Lainie Goldstein did not address the decrease itself but instead mentioned a smaller figure than was previously mentioned in an earnings meeting held by Take-Two in 2023.
The initial $8 billion forecast established for Take-Two’s 2025 fiscal year indicates that GTA 6 was likely to be released during the FY25 period as the title is expected to bring in a lot of revenue for the company. However, the $1 billion deduction in revenue forecast for that period may hint at some sort of internal delay. GameSpot mentions that it is likely that GTA 6 has been delayed to FY26, which would mean it releases at some point after April 1, 2025.
This alleged delay, however, does not necessarily mean that the game was pushed into another fiscal year but simply pushed slightly further into FY25. If true, this delay could be enough to cut off the $1 billion adjustment made by Take-Two, while still ensuring it gets the $7 billion forecast in the most recent earnings call. Of course, if Take-Two’s revenue forecast is accurate and the rumored GTA 6 delay is true, it does not mean that the company is taking a $1 billion blow, but instead pushing that revenue into the following fiscal year. Regardless of Take-Two’s expected financial changes, GTA 6 is still expected to release in calendar year 2025, but it now seems less likely that it will be in Q1 2025.
Nevertheless, at this point, it is hard to establish anything concrete, as Take-Two and Rockstar have not openly discussed a release window or date for the game. Goldstein also mentioned during the earnings call that the revenue forecast is still undergoing adjustments as the company is in the middle of its budgeting process. New information for the title should take a while longer to be revealed, but the hopes are that Grand Theft Auto 6 will arrive at some point in 2025, be that during FY25 or FY26.
2024-02-10 02:41:03
Source from screenrant.com