Could GTA VI release in 2023/24? A Take-Two financial performance report might suggest so.
Take-Two, the parent company of Rockstar Games submitted a 10-K SEC filing recently, potentially hinting at the release window of GTA VI. A 10-K SEC filing is an annual summation of a company’s expected financial performance over the next few years. In response to this filing, Industry analyst Jeff Cohen made the interesting observation that the marketing budget for the fiscal year ending March 2024 is increased twice-fold from the previous years leading to that point. The question we’re left with is this. What project could require such an increase in marketing spending? If Cohen’s right, it might just be GTA VI.
“We are not sure how much we should be reading into this shift, but we would note that this disclosure accurately predicted the launch of Red Dead Redemption 2 prior to that game’s announcement.” – Jeff Cohen’s message to investors
Prior Financial Reports Correctly Predicted Red Dead Redemption 2
Many believe GTA VI will return to Vice City.
So, what are we to glean from all this? We discovered last month that any new Grand Theft Auto instalment was years away, and would likely smaller than previous games. If we assume that the game has been in active development for a couple of years, 2023 seems like a good shout for a potential GTA VI release date. As Cohen accurately points out in the quote above, a previous financial disclosure correctly predicted the announcement of RDR2.
If there’s one developer that needn’t worry about cash flow, it’s Rockstar. The studio continues to make a killing with GTA Online, and will no doubt continue to for several years to come. There is undoubtedly going to be a big announcement around that time, but we can only speculate at this point what that may be. At least our speculations now have some financial evidence behind them. Until more info comes to light, we’ll have to console ourselves with GTA V.
GTA V is available on PS4, Xbox One and PC.
