Takes-Two Says – Get Ready for Next-Generation of IPs

Take-Two excited for Grand Theft Auto V and next-generation unannounced IPs

Posted By | On 13th, May. 2013 Under News | Follow This Author @Rengarious


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According to Take-Two CEO Strauss Zelnick, the company is excited to launch Grand Theft Auto V later this year and that they’re getting ready to transition to new-generation of consoles as the PlayStation 4 and the unannounced Xbox get ready to launch this Holiday season. This is what he had to say regarding Take-Two’s financial success, future franchises and the launch of Grand Theft Auto 5:

“Our industry appears poised to enter an exciting growth period driven by the upcoming launches of the next-generation consoles, as well as the increasing popularity of emerging mobile and online platforms,” said Zelnick during the financial call.

“Fiscal 2014 promises to be one of our best years ever, highlighted by the upcoming launch of Grand Theft Auto V in September.”

He continued, “We also have a extraordinary pipeline of titles in development for next-generation platforms, including groundbreaking new intellectual property and releases from our proven franchises.”

“Take-Two delivered strong revenue growth and solid non-GAAP earnings for fiscal year 2013, driven by robust demand for our groundbreaking new releases, iconic catalog titles and expanding portfolio of digitally delivered offerings,” said Zelnick in the earnings report.

“Looking ahead, we have an extensive pipeline of next-generation and emerging platform titles in development, including both new intellectual property and releases from our proven franchises. As a result, our current outlook is to be profitable on a non-GAAP basis in fiscal 2015 and for the foreseeable future,” he added.

Grand Theft Auto V will be launching later this year on September 17th for PlayStation 3 and Xbox 360 with a follow-up of a rumored PC version few months later. Are you excited for Grand Theft Auto V? Let us know in the comments below and check back on GamingBolt for our review and future updates.


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