Latest news with #GrandTheftAutoVI
Time of India
4 hours ago
- Entertainment
- Time of India
GTA 6 to shatter records with $7.6 billion revenue in just 60 days? Here's what expert says
Grand Theft Auto VI is anticipated to break all the previous records in the gaming world so far, both in terms of sales and revenue. Analytics is predicting over $7.6 billion in revenue within just two months of its official release date. Moreover, the gaming venture capital firm Konvoy expects Rockstar Games' highly anticipated title to break industry records, potentially generating $7.6 billion in its first 60 days. This forecast has been made by Konvoy managing partner Josh Chapman (as reported by Insider Gaming). The figure includes earnings from standard game sales as well as revenue from GTA+, Rockstar's premium in-game subscription service. GTA 6 is poised to set new industry records According to Konvoy, GTA 6 could sell up to 85 million copies within the first two months, and that is all because of the worldwide audience and fan base. The firm describes the game's launch as potentially the 'biggest video game release ever,' forecasting the record-breaking numbers in sales, player engagement, and streaming viewership. Part of this forecast assumes a higher retail price as compared to the earlier titles. While GTA 5 was launched at $59.99, Konvoy anticipates GTA 6 will be priced around $80, reflecting inflation and the increasing cost of game development. This analysis also hints at a possible rise in the multiplayer scale, with speculation that GTA 6 could feature online lobbies for up to 200 players. According to the report, Take-Two Interactive, the parent company of Rockstar, may break even within 30 days after launch, given the anticipated $2 billion in development expenditures. This would be a remarkable return on investment, demonstrating the Grand Theft Auto franchise's commercial strength. GTA 6 release date update The wait for Grand Theft Auto 6 has been prolonged, despite all the excitement. The official release date of the title has been rescheduled from earlier this year to May 26, 2026. "Delays pain me—how could they not?" said Strauss Zelnick, CEO of Take-Two Interactive, in response to the delay.
Time of India
a day ago
- Business
- Time of India
GTA 6's $80 price raises debate, is it worth the billion dollar hype?
Image via: Rockstar Games Speculations for Grand Theft Auto VI are reaching a fervor, especially after a new prediction from Konvoy Venture Capital set the debate rolling in both gaming and financial circles. The report states that Rockstar may be charging the unprecedented price of $80 for the standard edition of their highly anticipated title and rake in $7.6 billion in revenue within 60 days. With the biggest ever budget, an extraordinary online plan, and fan expectation on the rise, the burning question that now remains: is the hype justifiable or has this gone too far on pricing? A Price That Reflects a $2 Billion Dream A $80 expected price tag for GTA VI speaks volumes when set beside the price Rockstar stuck to when they released GTA V, $60. Setting inflation aside, this 33% price hike has been met with both excitement and critique. But this is not about pricing; this is about shaking the ground once more on what is defined by a video game release. Can It Really Sell $7 billion? Konvoy estimates $7.6 billion in revenue within the first 60 days of launch. It would naturally turn into a rush to see how swiftly it would topple Red Dead Redemption 2 from its throne of lifetime sales. Some critics mention that it does seem like an ambitious prediction, considering the current-gen install base is roughly a total of 110 million consoles (PS5 + Xbox Series X|S). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Live Update: The Strategy Uses By Successful Intraday Trader TradeWise Learn More Undo For GTA VI to reach such numbers, almost 80 percent of all current-gen owners need to have bought it immediately after launch. It's possibly going to happen, but there's no guarantee. Creator Economy Comes to the Streets of Vice? A step ahead, Rockstar could even espouse the creator payouts for modelers and server hosts, turning GTA VI not just into a game but into a platform for a few digital entrepreneurs. Grand Theft Auto VI Trailer 1 Is it Worth the Hype? The reported $80 price tag and billion-dollar earnings set off thoughts of they are excessive at first, but indisputably make a statement with how much the industry-and Rockstar-has changed. If GTA VI comes close to delivering gameplay on a huge scale, technology never seen before, online support from a huge backing, and tools for community-driven creativity, the value of a game today might stand redefined. But should the expectations remain unmet, the backlash could be just as massive. In this generation where gamers are quite vocal and selective in their gaming experience, Rockstar's gamble might just pay off or blow up. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Yahoo
a day ago
- Business
- Yahoo
Should You Buy Take-Two Stock Around $235?
Take-Two stock is rising on high sales expectations for an upcoming release. Analysts expect sales of "Grand Theft Auto VI" to lift Take-Two's revenue by 52% in fiscal 2027. Strong sales of add-on content and in-game spending could lead to significantly higher margins and earnings. 10 stocks we like better than Take-Two Interactive Software › Investors are keen on Take-Two Interactive's (NASDAQ: TTWO) prospects with the blockbuster release of Grand Theft Auto VI less than a year away. The Grand Theft Auto franchise has become a cornerstone of pop culture and has been one of the best-selling video game series of all time. Scheduled to debut on May 26, 2026, the newest installment will tap into a huge fanbase that's anxious to jump into a new adventure -- it has been 12 years since the previous release of Grand Theft Auto V. The featured song in the release trailer for the upcoming title saw an 182,000% increase in the number of streams on Spotify, while the trailer itself was viewed over 475 million times in the first 24 hours. Anticipation for the game is sky-high, and Take-Two stock is up 27% year to date, as of this writing. Though the new release is still a year away, the substantial windfall it can offer Take-Two's business justifies buying the stock now, and growth estimates from Wall Street analysts seem to echo this sentiment. Here's what you need to know. From a valuation perspective, Take-Two stock is clearly priced for growth. It currently trades at a forward price-to-earnings (P/E) ratio of 87 based on earnings estimates for the current fiscal year (ending Mar. 31, 2026). That multiple drops to 25 for fiscal 2027, based not just on expectations for Grand Theft Auto (GTA) but also strong sales across Take-Two's large catalogue of titles. Take-Two has two upcoming releases this year that should also deliver strong sales: Borderlands 4 and Mafia: The Old Country. Borderlands is the bigger franchise, with the previous installment selling 22 million units. Management's fiscal 2026 outlook calls for net bookings to grow roughly 5% over fiscal 2025, to a range $5.9 billion to $6.0 billion. Nearly half of bookings are expected to come from Zynga's mobile titles, with another 39% coming from the 2K label and 16% from Rockstar Games, which includes sales of the current GTA title. Fiscal 2027 will be the first year to include sales of GTA VI. Management doesn't offer specific revenue guidance this far out, but Wall Street analysts currently expect revenue to grow 52% over fiscal 2026 to reach a record $9.1 billion. For perspective, the previous release grew revenue 98% in Take-Two's fiscal 2014, and it supported a decade of growth for the business. Take-Two could be looking at a strong five-year stretch of growth, at a minimum. Wall Street analysts currently project revenue will reach $10.9 billion by fiscal 2030, implying a five-year compound annual growth rate of 14%. The company is executing a long-term growth strategy that extends beyond GTA VI as well. It has 25 titles planned for release through fiscal 2028, including releases for existing franchises, five sports simulation games, and four mobile titles. This should further pad its top-line momentum. What's really going to move the stock is earnings. Three quarters of Take-Two's bookings come from recurrent consumer spending, including virtual currency, add-on content updates to existing games, and in-game advertising. This revenue is very accretive to margins and earnings, and Take-Two has mastered the art of keeping players spending time with GTA V for the last decade through Grand Theft Auto Online. GTA VI should be able to drive similar growth in recurrent consumer spending. Analysts expect Take-Two's adjusted earnings to grow at an annualized rate of 39% over the next five years, reaching $16.03 per share. If the stock is still trading at 25 times earnings, that would put the share price at $400. Even allowing for some margin of error in analysts' estimates, this top video game stock still offers upside from the current $234 share price. However, investors need to keep in mind that release dates for games are not set in stone. GTA VI was originally scheduled to release this year, but it was pushed back to give the developers more time to polish the game. Given this uncertainty, which tends to result in greater volatility for the stock, I would keep any position in Take-Two small and then buy more shares on any dips. Before you buy stock in Take-Two Interactive Software, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Take-Two Interactive Software wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 14, 2025 John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Spotify Technology and Take-Two Interactive Software. The Motley Fool has a disclosure policy. Should You Buy Take-Two Stock Around $235? was originally published by The Motley Fool
Hindustan Times
3 days ago
- Entertainment
- Hindustan Times
GTA 6 launch hype grows after Travis Scott music video sparks new theory
Travis Scott's new music video has sparked fresh speculation about his possible involvement in Grand Theft Auto VI (GTA 6), Rockstar Games' upcoming blockbuster title. In his latest track 2000 Excursion, a specific visual has caught the attention of gamers and fans alike, a red Ferrari featuring a Florida-style licence plate that reads "GTA VI 6". GTA 6's neon-soaked Leonida map and new characters promise the series' biggest leap yet, launching in India on May 26, 2026.(Rockstar Games) The moment appears around the 3:55 mark in the video and has quickly gone viral across social media platforms. Given that GTA 6 is set in a fictional version of Florida, widely believed to be a reimagined Vice City, the inclusion of the plate has led to widespread theories that this could be a subtle teaser or Easter egg pointing to Travis Scott's involvement in the game. Mobile Finder: Vivo X200 FE launched in India While neither Rockstar Games nor the rapper has confirmed any official collaboration, the idea isn't far-fetched. Travis Scott has previously collaborated with other major gaming titles, most notably Fortnite, where he performed a virtual concert that was viewed by millions. Rockstar has also featured musicians prominently in past GTA titles. In GTA V, artists like Dr. Dre, Flying Lotus and others contributed music and hosted radio stations. The timing of the video release adds to the speculation. Rockstar has already confirmed that GTA 6 will be launching in 2026, and fans are expecting promotional campaigns to start appearing in the lead-up. Some believe that Travis Scott's video could be part of early marketing efforts, or at the very least, a coordinated nod to what's to come. This isn't the first time artists have been linked to GTA 6. Rapper T-Pain previously hinted at some involvement, and there have been persistent rumours that Drake might host an in-game radio station in the upcoming title. Given how important music and pop culture have become to the GTA universe, these collaborations would not be unexpected. For now, Rockstar remains silent, and Travis Scott has not commented on the speculation. Still, the short but suggestive visual in the music video has given fans another clue to dissect as the wait for GTA 6 continues. Whether it turns out to be a confirmed collaboration or just a clever reference, it has certainly reignited excitement around one of the most anticipated games of the decade.
Time of India
10-07-2025
- Entertainment
- Time of India
Is Travis Scott collaborating with GTA 6? Rapper's new ‘2000 EXCURSION' video ignites fan frenzy over mysterious car number plate
Travis Scott is back again, making headlines and leaving the internet ablaze, but this time it is not because of his festival tours or sneakers. Recently, Travis Scott released his new video for 2000 EXCURSION, a JackBoys collaboration, in which fans spotted a car with a number plate that read, 'GTA VI 6.' As soon as fans spotted this unusual car number plate, the pictures of the same started circulating on social media, and fans went into a frenzy, wondering if the rapper had some involvement in Grand Theft Auto VI. According to ToI, the picture sparked excitement and raised eyebrows because a Florida license plate that directly reads 'GTA VI 6' flashes on the screen clearly near the end of the song, which was all it took to ignite speculations about the link between Rockstar Games and Travis Scott. Did Travis Scott tease the audience with the 'GTA VI 6' number plate? The number plate on the car, 'GTA VI 6,' was purposefully placed in the shot; fans debate if it referred to something with the rapper. The subtle hint has left fans speculating that it is more than just an Easter egg or a tease of a Travis Scott and GTA 6 collaboration in the future. Well, the ongoing theories are not totally incorrect, as Rockstar Games, the developers of the game, have a long history of using real-world artists and celebrities in the games. For example, in GTA V, there are multiple celebrities who voiced and made custom songs for the game that were highlighted by the in-game radios. Hence, Travis Scott, who is famous for his virtual experiences, looks like a good candidate for GTA 6. Fans react to the 'GTA VI 6' number plate in Travis Scott's new video A Reddit thread with a title, "One of the cars from Travis Scott's new song 2000 EXCURSION has GTA VI on the plate," grabbed massive attention, where fans seemed to have discussions around the same. One user wrote, "It's more likely that whoever he rented that Ferrari from just has GTA 6-themed plates" While another added, "Probably an Easter egg that his song will be in GTA 6." "It's more likely that whoever he rented that Ferrari from just has GTA 6-themed plates," another commented. While according to one, it can be free advertising, "Probably not. Just milking the hype, free advertising." On the other hand, one thinks, "He probably has a cameo or his music is included, and the paycheck he got for it probably went to the Ferrari." Is Travis Scott an ideal fit to voice in GTA 6? If the speculations of fans come true, Travis Scott may voice in GTA 6, but is he the ideal fit? Well, as per Scott's recent aesthetic, fast-life vibes could be more than just fantasy. However, Rockstar Games is tight-lipped on the matter and has not responded to any rumours so far.
