- Take-Two recently revealed its financial report, highlighting huge expected profits.
- GTA 6 will draw massive revenue, and it could lead to the acquisition of more studios.
- Zelnick says they’ll only acquire studios that also produce games like Gearbox.
Take-Two, parent company of Rockstar Games, is preparing for a massive year ahead. They have once again reiterated that GTA 6 will indeed meet its November launch date, and that will lead to humongous profits coming their way.
According to their latest financial report, they expect their net bookings to reach a massive $8 billion in the next fiscal year. So, to capitalize on that, Take-Two suggests it’ll acquire more studios through those profits.
Why it matters: The publisher already has some massive names in its ranks, like Rockstar and 2K, and plans to expand its arsenal even further by using the revenue it’ll generate from the most-anticipated game of the decade.
During their recent Investor Call, Take-Two CEO Strauss Zelnick was asked what the company would do with the influx of money. He highlighted 3 potential uses, including the acquisition of more studios.
The other 2 were achieving organic growth by developing more games and returning capital to shareholders. So, the company has already planned a solid path ahead, with the inevitable success of GTA 6.
Now, it is impossible to guess which studio they would be interested in. But Zelnick does say they’ll only acquire when it’s creative and it’s a studio that produces games, and praised Gearbox and Zynga for that.
What are your thoughts on Takle-Two acquiring more studios through GTA 6’s profits? What studios should they get? Let us know your opinions in the comments or join the discussion at the official Tech4Gamers Forum.
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News Reporter
Abdullah is an avid gamer who primarily plays single-player titles. If you can’t find him anywhere, he’ll probably be at his desk playing The Witcher 3 for the millionth time. When he isn’t playing games, he’s either reading or writing about them.
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