Take-Two Interactive has delayed the highly anticipated release of Grand Theft Auto VI to November 19, 2024, disappointing fans and causing a significant drop in the companys stock price.
- Take-Two Interactive announced the launch of Grand Theft Auto VI is now scheduled for November 19, 2024, a shift from the previously planned May 26 release date.
- This delay marks the second for Grand Theft Auto VI, which was initially expected to launch this year, amplifying the anticipation among millions of fans worldwide.
- Following the announcement, Take-Twos shares dropped over 7% in extended trading, reflecting investor concerns regarding the impact of this delay on revenue expectations.
Why It Matters
The delay of Grand Theft Auto VI underscores the immense pressure on Rockstar Games to meet high consumer expectations following the success of its predecessor, which can significantly affect the gaming industrys revenue trends.