In response to growing concerns among shareholders following the delay of Grand Theft Auto 6 (GTA 6), Take-Two Interactive's CEO Strauss Zelnick has stepped forward to provide reassurances. Earlier today, Rockstar Games announced that the highly anticipated GTA 6, which was set to be the largest entertainment launch ever, would be delayed from its planned fall 2025 release on PlayStation 5 and Xbox Series X and S to May 26, 2026. This shift moves the game's release from Take-Two's fiscal year 2026 to 2027.
Following the announcement, Take-Two's stock experienced a significant drop of 7.98% in early trading. In an effort to calm investors, Take-Two issued a statement on its corporate website, reaffirming its projections for record levels of Net Bookings (revenue) in both fiscal years 2026 and 2027.
Zelnick personally addressed the situation, expressing Take-Two's full support for Rockstar's decision to delay the release. He emphasized the company's commitment to delivering a "multi-year" growth period, stating, "We support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking, blockbuster entertainment experience that exceeds audience expectations."
He continued, "While we take the movement of our titles seriously and appreciate the vast and deep global anticipation for Grand Theft Auto VI, we remain steadfast in our commitment to excellence. As we continue to release our phenomenal pipeline, we expect to deliver a multi-year period of growth in our business and enhanced value for our shareholders."
With the delay, the expected billions in revenue from GTA 6 during the 2026 financial year will not materialize as planned. Take-Two, however, owns other significant studios such as 2K Games and 2K Sports, and has a lineup of upcoming releases. These include Borderlands 4 from Gearbox, set for September, Mafia: The Old Country slated for this year, and the highly anticipated NBA 2K26 from 2K Sports. Looking further ahead, the next installment in the BioShock series and Judas from Ken Levine are also in development.
Despite these upcoming titles, none are expected to match the financial impact of GTA 6, leaving Take-Two's revenue projections lower than anticipated. Fans of GTA 6, while not surprised by the delay, were hoping for at least a new screenshot to ease their disappointment.
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