There are false rumors suggesting that 'Grand Theft Auto VI' has been delayed, but the game is still scheduled for release this fall, and the news highlights the importance of verifying information in gaming news.
Despite a significant stock decline following the delay of Grand Theft Auto VI to November 2026, most analysts remain optimistic about Take-Two's long-term prospects, citing strong earnings, high revenue potential, and strategic timing of the release, with many recommending investors hold or buy the stock.
Take-Two's stock dropped 7% after announcing the delay of Grand Theft Auto VI to November 2026, citing the need for additional polish. Despite the delay, the company reported strong revenue growth of 33% to $1.96 billion and raised its fiscal year bookings outlook, driven by successful titles like NBA 2K26 and Red Dead Redemption 2. The delay has not impacted the company's overall positive financial outlook.
Rockstar Games, a subsidiary of Take-Two, has been accused of union busting after firing over 30 employees involved in union organization activities, which the union claims was an act of retaliation, while Take-Two denies and cites gross misconduct as the reason.
Take-Two CEO Strauss Zelnick expresses caution about adopting AI in game development due to concerns over intellectual property rights and the current limitations of AI, emphasizing that AI is data-driven and lacks true creativity, which makes him hesitant to fully embrace AI at scale in the industry.
A journalist suggests that GTA 6's release date, initially set for May 2026, might be delayed to October 2026, based on rumors and industry speculation, with an official announcement possibly coming during Take-Two's late November financial call.
A GTA 6 fan has identified several domain names registered by Take-Two that may hint at in-game websites or features, sparking speculation about their purpose, with some suggesting they could be in-game sites accessible in real life. Development of GTA 6 began in 2020, with a delay announced in 2025 pushing the release to May 2026, raising industry questions about its impact.
The cancelled Perfect Dark reboot was nearly revived with Take-Two as publisher, but negotiations failed over ownership rights, leading to layoffs at Crystal Dynamics and the shuttering of The Initiative, amidst Microsoft's broader layoffs and game cancellations.
Take-Two's efforts to save Xbox's canceled Perfect Dark reboot through negotiations with Microsoft and Embracer have collapsed, leading to layoffs at Crystal Dynamics and highlighting ongoing challenges in the game's development and franchise ownership disputes.
Take-Two Interactive has laid off about a third of Cloud Chamber's staff, the studio developing the next BioShock game, which has been delayed and faced development challenges after over a decade of work. The game, initially planned for release around 2026-2027, experienced leadership changes, technical issues, and a switch to Unreal Engine 5, leading to reorganization and new leadership, including Rod Fergusson, to help steer the project to completion.
Take-Two stock declined slightly after CEO Strauss Zelnick discussed the company's flexible pricing strategy for GTA 6, aligning with industry trends of premium pricing for AAA games. Despite the stock's recent dip, it remains up significantly year-to-date and is rated as a Strong Buy by analysts, with a potential upside of nearly 17%. The release of GTA 6 in May 2026 is expected to boost investor confidence.
Take-Two CEO Strauss Zelnick discussed the pricing strategy for GTA 6, indicating that the game will follow industry practices of premium launch prices with potential discounts over time, but the exact price has not yet been confirmed by Rockstar Games.
BioShock 4 is not being canceled despite development challenges and leadership changes, with Take-Two CEO Strauss Zelnick affirming its release, though the launch date remains uncertain amid ongoing development issues and studio adjustments.
Take-Two Interactive's CEO Strauss Zelnick discussed the upcoming pricing of GTA 6, emphasizing their focus on delivering value and variable pricing strategies, while the company reported better-than-expected earnings for Q1 and raised its full-year revenue projections amid strong performance in other titles.
Gearbox has clarified that its games do not contain spyware, addressing fan concerns over Take-Two's updated terms of service and privacy policies, which had led to review-bombing and fears about invasive software and data access, including claims of root access, though the developer refutes these allegations.