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Take-Two claims delays to enhanced GTA titles won't affect fiscal outlook

Take-Two said the enhanced versions of GTA V and GTA Online have been delayed so Rockstar can add more polish.

Chris Kerr, News Editor

September 10, 2021

1 Min Read

Take-Two Interactive has reiterated its outlook for the current fiscal year after revealing the PS5 and Xbox Series X | S versions of Grand Theft Auto V and Grand Theft Auto Online have been delayed.

The U.S. publisher, which is the parent company of GTA developer Rockstar Games, said both titles are now planned to launch in March 2022 after initially being scheduled for release on November 11, 2021.

Despite that delay, the company told investors it remains on track to achieve GAAP net revenues of at least $3.14 billion and minimum net bookings of $3.2 billion by March 31, 2022.

The company said it will achieve those targets due to the "planned release of new games from its pipeline during the balance of its fiscal year," and also highlighted "strong engagement trends" in its existing catalog of titles.

As for the delays to GTA V and GTA Online, Take-Two explained both launches has been pushed back to give Rockstar "additional time to further polish the final products."

About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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