Take-Two CEO Calls 'Grand Theft Auto VI' Most Anticipated Entertainment Property of All Time -- Market Talk

Dow Jones

May 16, 2025

1659 ET - Take-Two CEO Strauss Zelnick says on a call with analysts that affording Rockstar Games more time to work on "Grand Theft Auto VI" is a worthy investment. Consumer anticipation for the game, now set for release next May, is unprecedented, he says. A new trailer for the game released last week "shattered records to become the biggest video launch of all time, with over 475 million views in 24 hours," Zelnick says, adding that a song featured in the trailer saw its streams surge on Spotify following its release. The company expects the game to do boffo business upon its release in the company's fiscal 2027, with Zelnick forecasting "record levels of net bookings that will establish a new baseline for our business and set us on a path of enhanced profitability." Shares fall 2.7% after the company's fiscal 2026 outlook misses estimates. (connor.hart@wsj.com)

(END) Dow Jones Newswires

May 15, 2025 16:59 ET (20:59 GMT)

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Consumer anticipation for the game, now set for release next May, is unprecedented, he says. A new trailer for the game released last week \"shattered records to become the biggest video launch of all time, with over 475 million views in 24 hours,\" Zelnick says, adding that a song featured in the trailer saw its streams surge on Spotify following its release. The company expects the game to do boffo business upon its release in the company's fiscal 2027, with Zelnick forecasting \"record levels of net bookings that will establish a new baseline for our business and set us on a path of enhanced profitability.\" Shares fall 2.7% after the company's fiscal 2026 outlook misses estimates. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 15, 2025 16:59 ET (20:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Take-Two CEO Calls 'Grand Theft Auto VI' Most Anticipated Entertainment Property of All Time -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTake-Two CEO Calls 'Grand Theft Auto VI' Most Anticipated Entertainment Property of All Time -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-16 04:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  1659 ET - Take-Two CEO Strauss Zelnick says on a call with analysts that affording Rockstar Games more time to work on \"Grand Theft Auto VI\" is a worthy investment. Consumer anticipation for the game, now set for release next May, is unprecedented, he says. A new trailer for the game released last week \"shattered records to become the biggest video launch of all time, with over 475 million views in 24 hours,\" Zelnick says, adding that a song featured in the trailer saw its streams surge on Spotify following its release. The company expects the game to do boffo business upon its release in the company's fiscal 2027, with Zelnick forecasting \"record levels of net bookings that will establish a new baseline for our business and set us on a path of enhanced profitability.\" Shares fall 2.7% after the company's fiscal 2026 outlook misses estimates. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 15, 2025 16:59 ET (20:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2290526834.HKD","symbol_name":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535805889","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535805889","pubTimestamp":1747342740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1659 ET - Take-Two CEO Strauss Zelnick says on a call with analysts that affording Rockstar Games more time to work on \"Grand Theft Auto VI\" is a worthy investment. Consumer anticipation for the game, now set for release next May, is unprecedented, he says. A new trailer for the game released last week \"shattered records to become the biggest video launch of all time, with over 475 million views in 24 hours,\" Zelnick says, adding that a song featured in the trailer saw its streams surge on Spotify following its release. The company expects the game to do boffo business upon its release in the company's fiscal 2027, with Zelnick forecasting \"record levels of net bookings that will establish a new baseline for our business and set us on a path of enhanced profitability.\" Shares fall 2.7% after the company's fiscal 2026 outlook misses estimates. 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Consumer anticipation for the game, now set for release next May, is unprecedented, he says. A new trailer for the game released last week \"shattered records to become the biggest video launch of all time, with over 475 million views in 24 hours,\" Zelnick says, adding that a song featured in the trailer saw its streams surge on Spotify following its release. The company expects the game to do boffo business upon its release in the company's fiscal 2027, with Zelnick forecasting \"record levels of net bookings that will establish a new baseline for our business and set us on a path of enhanced profitability.\" Shares fall 2.7% after the company's fiscal 2026 outlook misses estimates. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 15, 2025 16:59 ET (20:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}