Announcing its financial balance sheet for the fourth quarter of 2020, Take-Two Interactive generated $3.4 billion in revenue for the full year thanks to GTA 5 and GTA Online sales.
GTA 5 and GTA Online continue to fill the coffers of developer Rockstar Games and parent company Take-Two Interactive. The American video game giant announced that GTA 5 sales reached 145 million, while GTA Online set a player record in the fourth quarter of 2020.
GTA Online, which had its second-best ever quarter in in-game spending during the same period, reached a significant milestone by increasing its revenues by 31 percent over 12 months. Noting that GTA 5 exceeded its expectations, Take-Two said the iconic game, together with GTA Online, generated $985 million in revenue for the entire year.
The company reported revenue of $3.4 billion for the fiscal year 2020/2021 and said its revenue expectations for fiscal 2022 were $3.1 billion. This suggests that we have no chance of seeing GTA 6 until at least March 2022. Because if the game were to be released in the fiscal year 2022, we would be seeing an increase in estimated revenues, not a decrease.
On the other hand, more than 8 years since its release, GTA 5 and its accompanying GTA Online have become a great success story for Take-Two. The steady increase in both revenue and player numbers may be forcing Rockstar and Take-Two not to rush into GTA 6.
However, we know that the studio is working on the new GTA game, but we still don’t have any concrete information on the release date. It is also a big question of what the relationship between GTA 6 and GTA Online will be like.
Rockstar may be developing a GTA Online game that is only accessible to players who purchase GTA 6. Or perhaps the online version can be made completely free. The studio will implement a formula that can maintain or even increase its audience of players regardless, but the question is: When? Once we know the answer, you can be sure we’ll share it with you first.