Take-Two CEO Remains Unfazed by GTA 6 Delay: "We're Feeling Really Good About It"

Take-Two Interactive has released its latest financial results, which were strong but included a significant update: the delayed release of GTA 6. The new launch date is set for November 19, 2026, and CEO Strauss Zelnick expressed confidence in the date, stating that the company is committed to delivering an exceptional gaming experience. When asked about potential further delays, Zelnick refused to rule it out but emphasized that the company is working hard to meet the new deadline. He also downplayed concerns about the delay's impact on the business, citing the company's history of taking the time needed to polish its titles. The delay is expected to have a significant impact on the gaming industry, particularly for publishers who had planned their releases around the original launch date. Zelnick acknowledged the company's role in the industry but emphasized that its primary responsibility is to deliver the best possible experience for consumers. The company's financials also highlighted the success of its mobile division, which accounts for 46% of revenue, with Zynga representing around 50% of net bookings. Zelnick expressed satisfaction with Zynga's performance, citing its ability to launch successive new hits and deliver record results. The company is also exploring opportunities in the direct-to-consumer business, which is expected to generate additional revenue. Zelnick noted that the recent changes in mobile app store legislation have created new opportunities for growth. The company is investing in original IP, including new mobile titles, and is also bringing new properties to market on the console side. However, Take-Two is not rushing to capitalize on the gaming transmedia trend, instead taking a selective approach to licensing its properties. With its strong financial position and independence, Take-Two is well-positioned for future growth and success.