Latest news with #LoveIsaLongRoad
Yahoo
02-05-2025
- Entertainment
- Yahoo
Grand Theft Auto VI release delayed
Grand Theft Auto VI, the most hotly anticipated title in gaming history, has been delayed. Take-Two Interactive pushed the release of the blockbuster title to May 2026 on Friday. The was previously expected to be released in autumn this year and is expected to be an instant hit with billions in sales every year, according to analysts. Its predecessor, Grand Theft Auto V, is one of the best-selling video games of all time, selling more than 200 million copies since its release in 2013. "With every game we have released, the goal has always been to try and exceed your expectations, and Grand Theft Auto VI is no exception," said developer Rockstar Games in a statement posted on social media. "We hope you understand that we need this extra time to deliver at the level of quality you expect and deserve." After the announcement, publisher Take-Two's share prices tumbled by 9%. "We support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking blockbuster entertainment experience," said Take-Two chief executive Strauss Zelnick. Rockstar Games first unveiled the trailer for Grand Theft Auto VI in December 2023, set to Tom Petty's Love Is a Long Road. The video was watched more than 100 million times in 24 hours. Read more from Sky News: It confirmed the game's return to Vice City and introduced the game's first female lead, Lucia, hinting at a modern-day Bonnie-and-Clyde duo. GTA VI was expected to drive growth in the video game industry this year after a troubling period. Rising production costs and growing expectations around games mean many titles have been delayed, causing financial problems for studios and frustration for players. During the pandemic, when millions more people began playing video games, studio sizes swelled. Once the lockdowns ended, however, demand dropped and the industry now faces an employment crisis with redundancies at studios around Britain and the world.


Sky News
02-05-2025
- Entertainment
- Sky News
Grand Theft Auto VI release delayed
Grand Theft Auto VI, the most hotly anticipated title in gaming history, has been delayed. Take-Two Interactive pushed the release of the blockbuster title to May 2026 on Friday. The video game was previously expected to be released in autumn this year and is expected to be an instant hit with billions in sales every year, according to analysts. Its predecessor, Grand Theft Auto V, is one of the best-selling video games of all time, selling more than 200 million copies since its release in 2013. "With every game we have released, the goal has always been to try and exceed your expectations, and Grand Theft Auto VI is no exception," said developer Rockstar Games in a statement posted on social media. "We hope you understand that we need this extra time to deliver at the level of quality you expect and deserve." After the announcement, publisher Take-Two's share prices tumbled by 9%. "We support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking blockbuster entertainment experience," said Take-Two chief executive Strauss Zelnick. 6:11 Rockstar Games first unveiled the trailer for Grand Theft Auto VI in December 2023, set to Tom Petty's Love Is a Long Road. The video was watched more than 100 million times in 24 hours. It confirmed the game's return to Vice City and introduced the game's first female lead, Lucia, hinting at a modern-day Bonnie-and-Clyde duo. GTA VI was expected to drive growth in the video game industry this year after a troubling period. Rising production costs and growing expectations around games mean many titles have been delayed, causing financial problems for studios and frustration for players. During the pandemic, when millions more people began playing video games, studio sizes swelled. Once the lockdowns ended, however, demand dropped and the industry now faces an employment crisis with redundancies at studios around Britain and the world.


New York Times
02-05-2025
- Entertainment
- New York Times
Grand Theft Auto VI Delayed Until May 2026
The anticipated video game Grand Theft Auto VI has been delayed until May 26, 2026, Rockstar Games announced on Friday. Fans had expected to return to the sun-drenched beaches and gleaming condominiums of Vice City, a fictionalized Miami, this year based on the game's first trailer, which featured Tom Petty's 'Love Is a Long Road.' 'With every game we have released, the goal has always been to try and exceed your expectations, and Grand Theft Auto VI is no exception,' Rockstar said in a statement. 'We hope you understand that we need this extra time to deliver at the level of quality you expect and deserve.' Rockstar did not immediately respond to a request for comment. Matthew Ball, a video game analyst, said that Grand Theft Auto VI had been expected to drive the sales of PlayStation and Xbox consoles this holiday season. Few other video games had announced release dates this fall, wary of directly competing with what is expected to be a blockbuster title. 'For the rest of the market, GTA's delay provides much needed — though only temporary — oxygen,' he said. 'The title was expected to devour billions of dollars in consumer spend.' The previous game in the franchise, Grand Theft Auto V, was released in 2013 and has generated more than $8 billion in revenue.


CNA
02-05-2025
- Entertainment
- CNA
Take-Two delays 'GTA VI' to May 2026, extending wait for gaming's most anticipated title
Take-Two Interactive on Friday pushed the release of "Grand Theft Auto VI" to May 26, 2026, extending the wait for the most hotly anticipated title in video-gaming history and sending its shares tumbling 9 per cent in premarket trading. The title, developed by Rockstar Games, was previously slated for a fall 2025 launch. The franchise is the crown jewel in Take-Two's portfolio, accounting for a significant share of revenue and player engagement, and expectations for the upcoming title have been baked into Wall Street forecasts for months. The game is expected to be an instant hit, with billions of dollars in sales each year, according to several analysts. The previous entry, Grand Theft Auto V, released in 2013, has sold more than 200 million copies, making it one of the best-selling video games of all time. "We support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking blockbuster entertainment experience," Take-Two CEO Strauss Zelnick said. Delays have become commonplace in modern game development as studios grapple with rising production costs and growing pressure from players to deliver polished experiences at launch. The delay now pushes the game out of Take-Two's fiscal 2026 release window and into 2027, which will likely bring down booking expectations for the next fiscal year. The company also reiterated its expectations for sequential increases in net bookings for fiscal 2026 and 2027. Despite the postponement, Take-Two has a number of titles lined up for the next fiscal year, including "Borderlands 4" and "Mafia: The Old Country," which are expected to be big launches in their own right. "Given that Take-Two reiterated expectations of record level net bookings in both FY'26 and FY'27, we think this alleviates some of the potential concerns around sales cannibalization in FY'26," D.A. Davidson & Co analyst Wyatt Swanson said. Rockstar Games unveiled the first trailer for Grand Theft Auto VI in December 2023, set to Tom Petty's "Love Is a Long Road." The teaser confirmed the game's return to Vice City, a fictional take on Miami, and introduced Lucia, the franchise's first female lead. It hinted at a modern-day Bonnie-and-Clyde duo and drew more than 100 million views within 24 hours. "GTA VI" was also expected to be a major driver of overall video game industry growth this year after the market underwent a downturn following pandemic highs. The delay also comes amid a period of economic uncertainty in the industry as sweeping U.S. tariffs have led to a surge in gaming console prices and a pullback in consumer spending, denting sales prospects for many game publishers.