So, Take 2 Interactive have just had
their earnings call and there's a few
things that we need to talk about. Now,
for those of you that don't know what an
earnings call is, let me just walk you
through it a little bit. Take to
Interactive own loads of companies like
loads of games developers, whether it be
mobile games, whether it be some of the
favorite games that you love such as
Rockstar Games or other games
developers. For example, the team behind
Mafia 2K Games. Now during these
earnings calls, this is their
opportunity to talk to investors and
this is where they explain to their
investors what's happening within their
business and what's going to be
happening ongoing. Well, Take 2 have
just finished their latest earnings call
and of course this gives us some
information about what's probably most
definitely going to be happening with
Grand Theft Auto 6. Now to start off
with, let's just talk about what Take to
Interactive said about their last
quarter and everything to do with
Rockstar Games. So, for the past year,
they've been saying that GTA 5 and in
particular Grand Theft Auto Online is
slowly slowly dying out. People becoming
less interested. But what's actually
happened is is GTA Online has performed
extremely well for the last quarter. In
fact, quarter over quarter, they've been
seeing a 5% increase in growth of GTA
Online, which is actually quite
surprising because for the past 6
months, personally, I felt like it's
started to die out a little bit,
especially when it comes to GTA Online
content. It seems to be appearing in my
feed list. Now the next thing that they
spoke about are their forecasts for
fiscal 26. Now we are currently in
fiscal 26. Fiscal 26 started on the 1st
of April this year. Now fiscal 26 runs
to the last day of March next year. And
this is roughly what a fiscal calendar
looks like. As you can see, it runs from
April to March. Now, as soon as this was
mentioned in the earnings call that
their turnover was going to stay
relatively the same, people started
worrying about another GTA 6 delay.
Well, we'll get on to that in a little
bit, but for the time being, do not
worry. No need to worry. Calm down. It's
okay. As we know, GTA 6 has been delayed
until the 26th of May next year. That's
actually fiscal 27. So them not having a
massive increase in net bookings and a
large amount of revenue coming in over
the next year compared to their previous
years anyway isn't really a cause for
concern. But there is one slight cause
for concern and boys and girls we will
talk about it. Strauss Znik the CEO of
Tet Interactive said that he expects GTA
6 to be released on the 26th of May
2026. Expects. Now, this is because
recently Strauss Sandic has been getting
a little bit of backlash and to be
honest, it's quite understandable. Over
the past few months, and well, over the
past year in particular, he's taken a
few different interviews, whether it's
from Bloomberg or CNBC. And he's made it
seem like he hasn't said anything
explicitly, and this is why it's in a
gray area, but he has alluded to the
fact that everything's going good at
Rockstar and everything's on track.
probably leaned into it more than he had
to for the sake of maintaining stock
value. But yeah, he's made it
categorically clear now that he expects
GTA 6 to be on time. Well played, sir.
Well played. Now, something else that
they mentioned during the earnings call,
which I'm sorry, I'm going to have to
say allegedly is a lie. They said that
development of GTA 6 started in 2020.
Now, don't get me wrong, I'm not Jason
Shrier. I don't have inside sources. I'm
not one of these people that has loads
of inside sources at Rockstar. However,
the conversations I've had from people
who formerly worked at Rockstar and
people that are in the industry
suggested that GTA 6 and the nature, the
content, and some of the work that went
into it predated 2020. In fact, there
was leaked memos of Rockstar employees
heading over to Miami to do location
scouting from as far back as 2018. So
saying that GTA 6 entered development in
2020 may be like full scale active
development potentially but there's been
ideas writing research and even
smallcale development and testing
happening for a few years prior to that
at the very least. So I'm not sure why
they threw 2020 out there because in my
opinion that kind of undermines the
amount of work that's really gone into
GTA 6. Now something else they touched
on is the 24-hour views that trailer 2
had. Now, for trailer 1 for GTA 6, that
was only launched on YouTube. And the
key reason for that is I don't know why
would they do that. I imagine maybe
there was a partnership with YouTube or
maybe Rockstar cuz to be honest,
Rockstar are quite new to social media
compared to other games developers. Like
they although they're massive on social
media, they don't really use social
media in all of its capacity. It's only
been in the past 2 years, well the past
kind of year in particular where we've
got the Discord and we've got them
starting to share their marketing
material on things like WhatsApp and you
know using broadcasts on Instagram. It's
they haven't really capitalized on their
marketing scope and capability as much
as other games developers have. So for
trailer 2, they decided to publish the
trailer on every platform and across all
platforms. It gained over 400 million
views. 475 million if you want to get
specific. Now, of course, they spoke
about the success of GTA Plus, and to be
honest, to a lot of people, they don't
find value in it. To me personally, it's
all right. I mean, it's a lot cheaper
than Netflix, and for me, I get probably
more value out of it. So, for me, I'm
okay with it, but I can understand why a
lot of people aren't. It's more money
that you got to spend in something
that's already pretty grindy, so I get
it. But the bit that really caught my
eye and tickled me the wrong way is they
talked about their development and
ongoing development of 5M. Bruh, what?
As far as I understand, from everyone I
know that, you know, plays 5M and works
in the 5M space and manages servers and
all this stuff, it looks like that's
being pushed to the wayside by Rockstar
years ago. So, I don't know, maybe
there's still ongoing plans. Maybe this
Rome thing we've heard about will come
into fruition. Who knows? You tell me.
Now, one of the really important things
that was brought up was the pricing of
video games. So, at the end of the
earnings call, there was an opportunity
for big investors. And to be honest, me,
you, and Joe Blog s at home, we can't
really ask take two questions. But the
big banks can, the people that have
hundreds of millions of dollars invested
in Take 2, JP Morgan and Chase, and all
of these venture capital firms, they can
all ask the big juicy questions. But
someone asked a very good one. With the
way that pricing is going with gaming,
obviously Mafia was released at a
relatively lower price. And this guy
essentially asked, is this more of a
approach that Take 2 are looking at
doing across the board and maybe even
for future titles? And Strauss Sic says
something that's pretty reassuring. He
basically alluded to the fact, well, he
said in so much words that if you make a
hit, the sales will come. So, I don't
think that maybe for GTA 6, they're not
going to be focusing on price per unit.
They're going to be looking at
reasonable price per unit with an
absolute ton of sales, which is
reassuring. But this also brings back
the argument that if GTA 6 is $100, I'd
argue that's good value for money,
although not affordable by everyone. So,
it's really a question of how much
patience do you really have cuz you're
going to be waiting a year to find out
them for us anyway or maybe from
pre-orders later this year or start of
next year. So, hopefully that wraps up
the Take Interactives earnings call. If
you've got any questions or you got any
thoughts, opinions, ideas, or you're
listening to it yourself, drop a comment
down below. And yes, I'm in the new
studio. I know a few of you probably be
mentioning that. And secondly, uh there
are longer videos coming. I'm still
unpacking. If I turn the camera around,
it's a mess. So, you're seeing the
pretty side of the studio, but um
tomorrow all day I'm working on the next
video, which is diving into more areas
of GTA 6 from the screenshots we got
from
Rockstar. I haven't recorded a video in
the mask in ages, boys. Thank you for
watching. Love you all and I'll see you
all in the next one. New beginnings on
the cus. Not too old to adjust. Old dog,
new tricks. Remember, I was just a pup
dirty in my cup. Clean soul, good karma
is a must. Still my shooter in the cut.
I was stuck inside a rut. In a rut.
Played the game. Made bank. Move G.
Anything to get a buck. You won't find
me in the club. In the club.