Rockstar Games mum or dad firm Take-Two Interactive just lately submitted a 10-Ok SEC submitting that will have tipped off when Rockstar plans to launch Grand Theft Auto VI. Industry analysis analyst Jeff Cohen (for funding agency Stephens) famous that the deliberate advertising and marketing price range for the fiscal yr ending on March 31, 2024 is twice that of the years main as much as that interval. The trigger? Cohen speculates it might be Grand Theft Auto VI.
“We are not sure how much we should be reading into this shift,” stated Cohen in a be aware to traders, “however we might be aware that this disclosure precisely predicted the launch of Red Dead Redemption 2 previous to that recreation’s announcement.”
In the meantime, Rockstar can definitely hold getting cash off of Grand Theft Auto V gross sales in addition to profitable microtransactions by Grand Theft Auto Online. Waiting till 2023/2024 additionally will increase the put in base of the approaching next-generation dwelling consoles.
Of course, quite a bit must occur to make the celebrities for 2023 align – the sport hasn’t even been introduced but – and the advertising and marketing projection has shifted no less than as soon as already. So, we’ll should control this in the interim.
[Source: Venture Beat]