Rockstar's "New Games" To Be Revealed Soon
Grand Theft Auto V and Red Dead Redemption developer Rockstar Games is "hard at work" on new games, which will be announced "soon," parent company Take-Two Interactive announced today during Take-Two Interactive's Quarterly Earnings Report.
During the report, Rockstar's parent company explained, "Looking ahead, we expect to grow Non-GAAP revenues and earnings in fiscal 2018, based on our robust development plan that extends well beyond the current fiscal year. Rockstar Games is of course hard at work on some exciting future projects that will be revealed soon." The publisher did not provide any further details on these games. However, Take-Two president Karl Slatoff mentioned during an earnings call that the company is working on new IP to further diversity its portfolio, though it is not known if one of Rockstar's new games is a new IP.
CFO Lanie Goldstein also mentioned that Take-Two is expecting a 75/25 revenue split between 2K Games and Rockstar Games for the current fiscal year (April 1, 2016-March 31, 2017). This would suggest Rockstar's next game may not come out during this fiscal year. Additionally, CEO Strauss Zelnick said on the call that Take-Two has announced its complete slate for the current fiscal year, and no Rockstar titles are on it.
"Fiscal 2016 marked the third consecutive year of stronger-than-expected Non-GAAP revenues and profits for Take-Two," Zelnick said. "Our results were driven by the continued extraordinary performance of Grand Theft Auto V, ongoing momentum in our NBA 2K and WWE 2K series, the successful launch of XCOM 2, and our highest-ever revenue from recurrent consumer spending."
I wonder on what new IP game that Take-Two is working on, and I have a great feeling that Rockstar is gonna announce their next game at E3 next month. Whether they'll announce a new IP game, Red Dead Redemption 2, Grand Theft Auto 6, or possibly Max Payne 4, it's good enough for me as Rockstar games are always top-notch games. What do you think guys?
Related Game(s): Rockstar Games
5/19/2016 2:04:34 AM Drew Constantino