5play.org / News / GTA publisher suffers losses

GTA publisher suffers losses

GTA publisher suffers losses
A recent report from Take-Two Interactive indicates that the company is missing more than half a billion dollars.

Take-Two's net loss for the current quarter is $543.6 million, an increase of 111.5% from the previous quarter. In addition, net revenue and the number of orders are also declining. It is curious that the company forecast annual profits of $5.37-5.47 billion, but there are losses in all quarters of the current year.

GTA publisher suffers losses

However, Take-Two chief Strauss Zelnick believes that the publisher is doing well.

It is likely that Take-Two's losses are increasing due to the final stage of development of GTA 6. In addition, the company signs advertising contracts related to the new part of Grand Theft Auto. According to insiders, GTA 6 will be released in 2025, and Take-Two hopes to return the money with interest.
Login or register to post comments

Comments 0

There are no comments yet, but you can be the one to add the very first comment!