Take-Two CEO Strauss Zelnick isn’t worried about the impact the next generation of console hardware will have on his company.
Publisher Rockstar Games, which owns GTA, said it is concerned about the timing of new console releases as the arrival of next-gen consoles influences its release decisions. But he doesn’t see the next generation as “particularly disruptive.”
“We’re very familiar with the technology right now,” Zernick told investors on Take-Two’s earnings call yesterday. He acknowledged that the shift to new consoles has left several companies “in a bind” in the past, but said the recent transition has been less painful.
“I don’t think that’s going to happen here,” Zernick said. “We will be attentive to that change. But that doesn’t dictate what we’ll do.”
Traditionally, new console cycles have changed the fortunes of gaming companies in unpredictable ways. The PS3 and Xbox 360 era saw the closure of the previous major publisher, THQ.
Sony has already started talking publicly about its next-gen console, but the PS5 release date won’t be until at least after March 2020.
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