Take-Two boss Strauss Zelnick has revealed during an investors call that 44% of the publishing giant’s upcoming slate for the next three years will be new IP.
The Grand Theft Auto publisher has 36 games planned for launch for the 12-month period ending March 31, 2025 — March 31, 2026, representing FY 25 and FY 26, respectively. A transcription of the Q&A session provided by Seeking Alpha reveals the following comments from Zelnick:
It’s very uncharacteristic of us to talk about subsequent years at this time. We’re doing so because we’ve been investing in a pipeline for a long time. And we now have a great deal of confidence that pipeline will be delivered in the next three years.
During the current fiscal year, Take-Two is planning to release 12 games, with 36 across the following two years — 44% of which will be comprised of new IP.
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The rest is new iterations of existing franchises, and that’s mobile, console, PC and numerous business models. We couldn’t be more excited. Fiscal 24 titles look good and as I said, we’re very confident in the years to come as well. And we thought it was important to convey that with transparency today.
Zelnick revealed that he expects mid-cycle console refreshes from Sony and Microsoft, and also indicated that Grand Theft Auto 6 will be out in 2024 due to its high projections for the next fiscal year.