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Take-Two: New IPs Key to Future Success

by Charlotte Dec 12,2024

GTA 6's Take-Two Believes Creating New IPs is the Winning Strategy

Take-Two Interactive, parent company of GTA 6 developer Rockstar Games, has offered a preview of their future plans for major game releases.

Take-Two Interactive Aims for Ongoing Game DevelopmentGTA Publishers Must Diversify Beyond Established Franchises

GTA 6's Take-Two Believes Creating New IPs is the Winning Strategy

Strauss Zelnick, CEO of Grand Theft Auto (GTA)'s parent company Take-Two Interactive, has commented on his current approach to managing the company's intellectual properties during the company's Q2 2025 investor call.

In response to a question about consumer behavior and reception to new projects, Zelnick admitted that they are best known for their established IPs, including titles from developer Rockstar Games such as the GTA and Red Dead Redemption (RDR) series. However, Zelnick also stated that he foresees a future where these established IPs will be less valuable to the company, and to players, than they are now and have been over the past two decades since the games' releases.

GTA 6's Take-Two Believes Creating New IPs is the Winning Strategy

According to transcriptions by PCGamer, Zelnick remarked on potential sequels for GTA and RDR, stating, "We understand that a sequel presents less risk than new intellectual property. But everything deteriorates. And even though most of our franchise sequels outperform their predecessors—a feat we're quite proud of, as it's uncommon in the industry—the reality is that decay and entropy exist. It's a law of physics, human existence, and everything terrestrial."

He further opined that failing to innovate and develop new IP would be detrimental to Take-Two, stating, "We risk consuming our assets to stay afloat." He elaborated, "Ultimately, all things decline, including successful titles. Therefore, if we don't explore new avenues and create new intellectual property, to say we're complacent is an understatement. We're truly risking squandering our resources. And that's never a positive outcome."

Updates on Borderlands 4's and GTA 6's Release Date

GTA 6's Take-Two Believes Creating New IPs is the Winning Strategy

However, regarding releases of older intellectual properties, Zelnick told Variety in an interview that they plan to spread out major game launches. "I think it’s safe to say that we wouldn’t, and no one would, release major titles too close together," he said. As Take-Two hasn't specified a launch window for GTA 6 beyond next year's Fall, Zelnick also noted it won't be near Borderlands 4's release date, expected in Spring 2025/2026, between April 1, 2025 and March 31, 2026.

Take-Two Interactive's New First-Person Shooter RPG Planned for 2025

GTA 6's Take-Two Believes Creating New IPs is the Winning Strategy

Currently, Take-Two, with its subsidiary developer, Ghost Story Games, is poised to release a new IP—its narrative-driven, first-person shooter RPG, Judas. Though a release date for the game remains unconfirmed, Judas is anticipated to launch sometime in 2025. Moreover, Judas aims to be an experience where players shape how relationships and the story progress, according to creator Ken Levine.