Grand Theft Auto boss thinks the Xbox, Activision deal is ‘good’ for the industry

What you need to know

  • Take-Two Interactive is the publishing house responsible for games like Red Dead Redemption, Grand Theft Auto, and NBA 2K. 
  • A successful quarterly earnings report sent $TTWO stock surging yesterday, on hints that Grand Theft Auto 6 is on the horizon. 
  • During the call, Take-Two CEO Strauss Zelnick was asked to comment on the Xbox-Activision merger, and offered some support for the deal. 

Yesterday, Take-Two Interactive offered its quarterly earnings report, and investors seemed to enjoy what they heard. 

Take-Two hinted heavily that Grand Theft Auto 6 could be on the horizon, sending the stock on an upwards trajectory. Take-Two was also buoyed by strong results for its sports games like NBA 2K, while signaling that its 2024-25 financial year should be a strong one for the company. 

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