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GTA 6 Has Not Been Delayed, Still On Track For Its November Launch

GTA 6 Has Not Been Delayed, Still On Track For Its November Launch https://ift.tt/SlWM7Rc GTA 6 is still on track to launch for PS5 and Xbox Series X|S on November 19, Take-Two Interactive has confirmed. As part of the publisher's quarterly briefing, Take-Two provided updates on several of its projects, including Rockstar Games' long-simmering open-world game--and the rosy financial outlook that the company is expecting from its launch. "Our excellent first quarter results reflect the power of our portfolio and disciplined execution across all of our labels," Take-Two Interactive CEO Strauss Zelnick said during a Take-Two earnings call on August 7. "With these positive trends and excitement around the November 19 launch of Grand Theft Auto 6, we are reiterating our Fiscal 2027 Net Bookings outlook of $8 billion to $8.2 billion." Whenever the results of a new Take-Two financial quarter are made public, there's always some fear that ...
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Former PlayStation Boss Says Gaming Faces "Existential Threat"

Former PlayStation Boss Says Gaming Faces "Existential Threat" https://ift.tt/Zbqosvl

According to former PlayStation boss Shawn Layden, non-endemic companies like Netflix or Google are one of the biggest threats to the video game business today.

Layden spoke at a keynote on stage with GamesIndustry.biz head Christopher Dring at the website's Investment Submit last week. Listing his top three concerns for the industry in the years ahead, he claimed that "consolidation can be an enemy of creativity," and that "rising costs in gaming are an existential threat to all of us." He then referred to non-endemic companies like Netflix, Google, Apple, and Amazon as "barbarians at the gate."

Layden sees what happened to other entertainment spaces, like music and TV, as cautionary tales. The music industry was permanently altered by iTunes, for example. Netflix aided in destroying home video rental and changed consumers' relationship to the cinema. He is hopeful that gaming will disrupt itself, rather than being changed by outside forces. He said, "Where it doesn’t take a Google or an Amazon to completely flip the table. We should be smart enough to see these changes coming and prepare ourselves for that eventuality."

Continue Reading at GameSpot
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