Once upon a time, Take-Two Interactive projected $8 billion in revenue for the Fiscal Year 2025.
Things have obviously changed since, possibly because of a potential delay to Grand Theft Auto 6, among other reasons. Regardless of the truth about the original plans for the upcoming game, what’s clear now is that it isn’t the only reason Strauss Zelnick, the company’s CEO, was and remains so confident.
After lowering its expectations for the current financial year, Take-Two confirmed in its most recent earnings report that it expects a significant boost in revenue for the next two fiscal years, and it’s not hard to see why.
All eyes might be on GTA 6 and whether the upcoming game will result in a “rising ride lifts all boats situation”, but Take-Two isn’t about to hedge all its bets on one title.
Following the conclusion of Gamescom 2024, we found out that Take-Two and its subsidiaries, Hangar 13, and Gearbox Entertainment, will release Mafia 4: The Old Country and Borderlands 4 sometime in 2025.
Both games turned heads at the recently concluded video game showcase hosted by none other than Geoff Keighley.
But, that’s not all that’s coming out from the multi-billion-dollar company.
Take-Two, via its other gaming arms, will also release the following titles next year:
- WWE 2K25
- Judas
- Civilization 5
- NBA 2K26
That’s six other titles that, individually, would serve as the highlight of the year for any other company. However, Take-Two isn’t anyone else. It’s a company that owns several developers responsible for making your favourite games.
And, before we forget, Rockstar Games is the one funding Max Payne 1 & 2 Remake by Remedy Entertainment. The pair of remakes, which will now be released as a singular bundle, should’ve entered full production by now, based on this business review from April 2024.
All of this is to say that things are looking rosy over at Take-Two, which has been an ongoing trend lately for a company that has constantly defied expectations as other companies struggle to stay afloat. This past fiscal year, Take-Two recorded an annual high in net bookings ($5.3 billion), thanks to its acquisition of Zynga back in May 2022. After making roughly $3 billion a year before, it looks like Take-Two is in a good position to double this amount sooner rather than later.
Whereas most video game companies find themselves headlining the news because of layoffs and low sales figures, Take-Two remains steadfast, although it isn’t exactly immune to the same redundancy job losses that have affected so many lives within the video game industry.
If we’re lucky, Rockstar will throw GTA fans a bone and release the long-rumored remasters of Grand Theft Auto 4, or maybe even a PlayStation 5 port of Red Dead Redemption 2 after a trailer made waves on the internet over the past week.
Of course, Take-Two’s big ticket item for next year is still GTA 6, which is expected to come out in time for the holiday season on PlayStation 5 and Xbox Series S/X.