Take-Two CEO Strauss Zelnick has addressed shareholder concerns following Grand Theft Auto VI's postponed launch.
Rockstar Games confirmed today that GTA VI's release has been substantially delayed from its initial Fall 2025 window for PlayStation 5 and Xbox Series X/S consoles. The new launch date of May 26, 2026 moves the title into Take-Two's 2027 fiscal year.
Following the announcement, Take-Two Interactive's stock value dropped 7.98% in early trading. The company maintains its projection of consecutive revenue growth through Fiscal 2026 and 2027, expecting to reach unprecedented Net Bookings levels.
Zelnick expressed Take-Two's full support for Rockstar's decision to extend GTA VI's development timeline, assuring investors of sustained long-term growth.
"We stand behind Rockstar Games' choice to dedicate more time realizing their creative ambitions for Grand Theft Auto VI," Zelnick stated. "This groundbreaking title will deliver an unparalleled entertainment experience that surpasses fan expectations."
"While we acknowledge both the significance of release date adjustments and our global audience's enthusiasm, we remain uncompromising in our quality standards. Alongside forthcoming major releases, we anticipate multiple years of business expansion and shareholder value creation."
With GTA VI's massive projected earnings shifting to 2027, Take-Two's portfolio includes Rockstar subsidiary properties along with 2K Games' Borderlands 4 (September release), Mafia: The Old Country, and NBA 2K26. Future titles include a new BioShock installment and Ken Levine's Judas.
However, none of 2K's upcoming releases can match GTA VI's revenue potential in the immediate future. While many fans anticipated delays, some expressed disappointment at the lack of new promotional material accompanying the announcement.
