Home Technology Take-Two – Farmville developer Zynga bought for 13 billion and signs of...

Take-Two – Farmville developer Zynga bought for 13 billion and signs of a GTA VI

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Take-Two - Farmville developer Zynga bought for 13 billion and signs of a GTA VI

Publisher Take-Two’s recent financial forecast may have given us a clue as to when we can expect GTA 6 to be released. Despite GTA V having been released almost nine years ago, there has been no news from developer Rockstar about the inevitable Grand Theft Auto 6. However, as Axios reports, some industry analysts now think they have an idea when the game will be released. Take-Two, the parent company of Rockstar Games, recently acquired mobile developer Zynga in a deal worth nearly $13 billion, releasing new financial guidance in the process. In it, Take-Two projects a 14% annual growth rate through 2024 — a number so high it would need to be fueled by one of the company’s biggest stocks. “There are only a handful of stocks that … can give management the confidence to make such a strong guidance; we believe there is at least one Rockstar IP that is up to [Finanzjahr] 2024,” said a Jefferies Group analyst. Doug Creutz, an analyst at Cowen Inc., did the math and found that Take-Two appears to be expecting around $9 billion in gaming-related transactions, which he thinks indicates a likely FY24 release of GTA 6. This 2024 release window aligns with a report from last year by industry insider Tom Henderson stating that Rockstar is targeting a 2024 or 2025 release, and was corroborated by Bloomberg reporter Jason Schreier. While we don’t know any official details about GTA 6, we are of course eagerly waiting for an official confirmation.



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