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Investors Interrogate Take-Two About Grand Theft Auto 5 Release Date

By
Posted on August 1, 2012 AT 01:56pm

When is the next Grand Theft Auto hitting store shelves? As much as you want to know, Take-Two Interactive’s investors want to know way more than you do, as the publisher was pressured into spilling details about the game on their last relations call.

To CEO Strauss Zelnick’s credit, he brushed off some particularly pointed questions about Grand Theft Auto V.

As Joystiq reports, Mike Hickey of National Alliance Securities—a particularly large financial firm—pointed out something that most GTA fans would probably say right to the CEO’s face. There haven’t been many new screenshots or videos, and the title still has a “TBA” marker in place of an actual release date.

Zelnick (likely fanning himself with a wad of money) played it cool, though, saying that he’s not at liberty to leak any details about what Rockstar Games is up to right now:

“We haven’t talked about a release date. So obviously we can’t talk about the credibility of a release date that we haven’t announced.”

Pushed further on whether the publisher is receiving consistent updates, the CEO deflected.

“We wouldn’t talk publicly about the way we communicate with our teams internally,” replied Zelnick. “We are blessed to be in business with the Rockstar folks and everyone knows that I feel that way. We have the best creative teams in the business across our company.”

So there you have it, folks. Take-Two/Rockstar will announce a release date when they’re ready, and not before.

Take-Two’s investors are probably nervous since the publisher suffered a net loss of $108.8 million for the 2012 fiscal year, a reverse from a $48 million profit in 2010. But, we’re about to hit 2013 with Borderlands 2, NBA 2K13XCOM, and BioShock: Infinite—maybe GTA V doesn’t need to launch until 2014 at the earliest.

Source: Joystiq

McKinley Noble, Contributing Editor
McKinley Noble has been writing about video games for seven years as a blogger and journalist, with each job adding to his painstakingly alphabetized collection of retro gaming memorabilia. When not cracking jokes about the gaming industry, he's a talking encyclopedia when it comes to mixed martial arts and anything MMA related. Follow him on Twitter: @KenTheGreat1. Meet the rest of the crew.

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