he did it again the Rockstar Games boss
chairman and CEO of take two interactive
has roughly and vaguely talked about the
release date of Grand Theft Auto 6.
we'll be diving into all that in this
video today and a whole lot more so
straw selnik appeared on a CNBC
television show called Squawk Box it's
actually something that he's appeared on
in the past and he of course was asked a
lot of questions about take two
interactive's Q4 earnings and the future
and if that meant Grand Theft Auto 6 and
he did a really really good job of
talking about the game without talking
about the game and pretty much all but
confirming the numbers in those reports
are because of Grand Theft Auto 6. take
a listen to this right here joining us
right now with a look at his company's
IO strategy and much more is Strauss
zeldman he is the CEO of take two
interactive this is his first television
interview since the company reported
fourth quarter results last week with
Revenue beating the street and signals
of a very strong future slate of games
and I think that's the headline here
Strauss thanks for coming in today
thanks for having me great to be here
all right so this was huge news you are
not somebody who you know is big on
theatrics or is into hyperbole or any of
those things but last week when you
talked about your earnings and your
guidance you said that you're going to
be looking at more than eight billion
dollars in Revenue next year for games
and and that's 45 percent ahead of the
midpoint of the streets estimates on
things that is huge huge news and it's
got people speculating that you've got
to have Grand Theft Auto 6 coming out
so we've said that we're working on the
next iteration of Grand Theft Auto but
Rockstar hasn't announced or release
date yet we've been working on this huge
pipeline we have 36 titles coming to
Market in fiscal 25 and 26 and we
obviously have high expectations and
you're right we typically don't talk
about future years we typically give
guidance and and we try to go right down
the middle that's what we're supposed to
do in this instance we wanted to give
the street the transparency it's been
asking for so we basically gave an
outlook for this fiscal year and
subsequent too and what's interesting is
we have high expectations for fiscal 25
but we also expect sequential growth in
fiscal 26. I mean you look at the stock
jump it was up more than 10 percent more
than 11 percent I think this is huge
news because you have a lot of new
properties that are coming out but
you're usually pretty conservative about
new things that have not been out there
generally we like to have success before
we talk about it so what makes you so
sure this time we've been working on
this pipeline for a long time and we
have a pretty good ability to predict
the performance of new iterations of
existing franchises like Grand Theft
Auto um and so and we have actually we
have 14 franchises that have each sold
over 5 million units in an individual
release titles like red dead and
Borderlands Bioshock civilization and
many others so is the king of dodging
questions but to me what I see here it's
100
GTA and this is probably the most vague
answer he could have given without
spilling the beans that it is really GTA
and there's a couple things I found
funny just his awkward laugh being asked
if it's Grand Theft Auto because in his
head he knows yeah it's Grand Theft Auto
I just can't say it and honestly think
about it what other existing franchises
can make him think they're gonna hit
eight billion dollars and most people
thought the high expectation was because
of new IPS from take two's other
Publishers but those aren't existing
franchises that's the key word right
here new iterations of existing
franchises that is very clearly Grand
Theft Auto 6. just like Red Dead
Redemption 2 and even when that comes
Red Dead Redemption 3 that is going to
be a new iteration of an existing
franchise so it's Gotta Be GT A6 unless
Rockstar really pivots at the last
minute and says whoops here's Red Dead
Redemption 3 first which obviously is
not going to happen now a lot of people
are saying that because they are not
calling it Grand Theft Auto 6 and just
the next entry that maybe the name of
the game is going to be different like
it might just be GTA or GTA Americas
this isn't going to be the case
obviously they can't just say GTA 6
because then they basically already
announced the game it's up to Rockstar
to announce the next GTA and of course
Call It by its real name I don't even
think Rockstar or take to interactive
has a choice in this matter the entire
Community has basically been calling it
GTA 6 since the start so it wouldn't
really be smart from a marketing
standpoint to name it something
different honestly I think that's why
Red Dead Redemption 2 was called Red
Dead Redemption 2 because the name Red
Dead Redemption pretty much just sells
itself just like Grand Theft Auto and
Then followed by the next Roman numeral
or number it is going to sell itself
there are so many downsides to not
naming it GTA 6 after being in
development for so long it's going to be
called Grand Theft Auto 6. so this
should make fans really confident so not
only did straw zelnick do the interviews
with Outlets like game industry.biz
Barons IGN Etc he then went on the
earnings call and then talked about how
the company has a really successful next
couple of years coming up but now even
after the fact he's going on TV show
interviews and talking about and
doubling down how yet we're really gonna
have a great couple of years and if you
read between the lines it's surely
because that's Grand Theft Auto 6. so
what do I think all this means I think
that we are due for a Grand Theft Auto 6
announcement and reveal very very soon
it has to happen in 2023 honestly if
Grand Theft Auto 6 is going to come out
in 2024 or 2025 which is the timeline
that Rockstar has given us so far and in
a future video I might actually talk
about why Rockstar has still yet to
officially announce the game that's kind
of a subject for another time and if you
want to hear about that let me know in
those comments down below it's something
I'm kind of tinkering with and working
right now but I really do believe there
is a reason they're obviously just not
going to come out and say that reason
but I think it is pretty obvious because
of course the game is not going to be a
surprise it's not just going to be
something that pops up on shelves one
day and we get to say cool it's out
there's going to be a marketing process
there's going to be a pre-release
process there's going to be all that
sort of stuff and when that time comes
that's going to be really exciting
that'll be of course information that we
cover here on the channel and then the
last thing he talks about in the
interview is AI and that's something he
also discussed before the earnings call
and he essentially gave a roundabout
long story short answer of AI is going
to help us and if it does help us yes it
could make things easier but it's also
going to raise our quality standards
take a listen to what he says right here
with uh with AI there's so much hype
around AI oh my God is there stuff
that's really there really meat on the
bones when it comes to that so usually
I'm the skeptic in the room I am I am a
True Believer because we've been in Ai
and machine learning forever that's the
nature of interactive entertainment we
are the intersection of entertainment
and technology that said remember
artificial intelligence
is an oxymoron and so is machine
learning and what I think will happen
with these new uh these new revolutions
that you're seeing now is it's going to
be a rising tide these are new tools
they're going to benefit everyone
they're going to make our work easier
especially the sort of work that no one
really enjoys
but there's zero chance that any kind of
zoom in on that when you talk about a
new game
and you're having the AI do the coding
what's the differential and how long it
would take you to bring it to Market I
wish I could say it would be quicker and
cheaper but what's going to happen of
course is everyone's you know demands
for Quality will rise so there's very
little evidence in the history of
entertainment that technical tool
development has actually reduced the
overall cost of the projects that hasn't
really happened in any entertainment
business except recorded music indeed in
recorded music the cost of making music
has really declined you know you could
you know we could make music in this
room with 500 worth of equipment that
was simply not the case 30 years ago but
apart from the music business production
costs continue to rise because quality
demands just go up and what AI will
allow is just that the tool set will
allow us and everyone else to do things
better faster cheaper so obviously GTA 6
is not just going to be made completely
by AI but it might help the developers
do some of the tasks that what he says
no one likes to do a little bit easier
and that will of course free them up to
make the game even that much better so
it is sort of that situation where High
Tides raise All Ships and it looks like
this is going to be the case for Grand
Theft Auto 6 as well with the addition
of AI and he sounds excited about it I
know this is something you hear a lot
whether you're at work or school but AI
is infiltrating the video game industry
as well and if straw celnik's okay with
it I'm okay with it you guys should be
okay with it because he's pretty
conservative so if he's good with
something like this he knows it's for
the best of his games and that includes
GTA 6. but anyways I'd love to hear from
you guys in those comments down below
let me know what you think about straw
zelnick the boss chairman and CEO of
take two interactive parent company of
Rockstar Games essentially coming out
and doubling down that yeah GTA 6 is
gonna release during the time period
that we listed which is April 2024 to
may 2025. let me know what you think in
those comments down below I'd love to
hear from you guys down there if you
guys did want to enjoy this video though
a light rating would of course be
awesome and be sure to subscribe to my
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guys thank you all so much for watching
take care and I'll see you guys in the
next video
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