What you need to know
- Take-Two Interactive shared its Q3 2022 financial results.
- Grand Theft Auto 5 has now sold over 160 million copies since it launched in 2013.
- Rockstar Games is working on the next Grand Theft Auto game.
Take-Two Interactive shared its Q3 2022 financial results on Tuesday, as the company reported net revenue of $903.3 million. There were also several updates on game sales over previous quarters. One particular highlight was for Rockstar Games' Red Dead Redemption 2, which is up to nearly 43 million copies sold.
Another Rockstar Games title, Grand Theft Auto 5, is over 160 million copies sold, up from 155 million in the prior quarter, meaning the game has consistently sold five million copies per quarter for the last few years. An enhanced edition of Grand Theft Auto 5 for Xbox Series X|S and PS5 is slated to launch on March 15, 2022.
Speaking on the issues reported with GTA Trilogy Definitive Edition, Take-Two Interactive CEO Strauss Zelnick noted that "many" of the issues facing the game had been fixed, with the company continuing to focus on quality releases in the future.
Looking ahead, Take-Two Interactive is looking to launch Tiny Tina's Wonderlands and Marvel's Midnight Suns in March 2022 and Fall 2022, respectively. The company also expects that 69% of console games sold will be digital, up from 64% last year. Take-Two Interactive is also working to close its acquisition of Zynga, with the combined business giving Take-Two Interactive a new breadth of access in mobile gaming.