Business · Markets · 2 days ago

GTA 6 faces high expectations as gaming industry comes under pressure

GTA 6 faces high expectations as gaming industry comes under pressure

Grand Theft Auto 6 is scheduled to launch on November 19, 13 years after its predecessor.

The game is made by Rockstar, which is part of Take-Two Interactive.

Take-Two says it has received an unprecedented number of preorders, but its stock has lost about a quarter of its value in the past two months.

The wider gaming industry is facing pressure from high chip prices, rising console prices and competition.

These costs may limit the number of customers and make it harder for companies to earn profits.

Take-Two's stock could rise around the game's launch, but the longer-term outlook depends on whether the industry can remain profitable despite the hype.

What people are saying

never-before-seen
Take-Two InteractiveDeveloper of GTA 6via WirtschaftsWoche

Sources

Related news