Take-Two CEO Strauss Zelnick has addressed shareholder concerns following GTA 6's postponement announcement.
Rockstar Games recently confirmed a major delay for GTA 6, projected to become the largest entertainment release in history. Originally scheduled for fall 2025 on PlayStation 5 and Xbox Series X/S, the title will now launch on May 26, 2026 - shifting from Take-Two's FY2026 to FY2027.
Following this announcement, Take-Two's stock value dropped 7.98% during early trading. The company maintained its projection of consecutive net booking growth and record revenue levels across FY2026 and FY2027 in an official statement.
Zelnick publicly endorsed Rockstar's decision, assuring shareholders of anticipated multi-year growth despite the delay.
"We fully support Rockstar Games' choice to extend development time for Grand Theft Auto VI," Zelnick stated. "This revolutionary title aims to surpass player expectations and redefine interactive entertainment."
"While we recognize the tremendous global anticipation for GTA VI and carefully consider release timelines, our commitment to quality remains unwavering. Our strong upcoming lineup positions us for sustained business expansion and increased shareholder value."
With GTA 6's FY2026 revenue now deferred, attention turns to Take-Two's other properties. The conglomerate's 2K Games division plans Borderlands 4 for September and Mafia: The Old Country this year, while 2K Sports prepares NBA 2K26. Future projects include a new BioShock and Ken Levine's Judas - though none can match GTA 6's projected market impact.
While the delay disappointed investors, many fans anticipated schedule adjustments, though some hoped for fresh promotional material to alleviate the news.
