Giuseppe Nelva
First of all, Zelnick described how disappointing the leak of Grand Theft Auto 6 assets was, but promised it won’t influence development.
The executive was also asked a comment on Xbox Gaming head Phil Spencer’s comment about Game Pass potentially reaching saturation on Xbox consoles.
It is terribly disappointing and causes us to be ever more vigilant on matters related to cybersecurity.
He explained that Take-Two has been “very cooperative” with both Microsoft and Sony on their subscription offers when it actually makes sense for Take-Two itself.
Zelnick reiterated his views that interactive entertainment is very different compared to the linear entertainment business, and he’s still skeptical about subscription services making as much sense for the former as opposed to the latter.
He believes it doesn’t make sense for publishers to offer frontline titles via subscription day and date with their retail release, and added that it’s “becoming obvious” that it doesn’t make sense.
He concluded by mentioning that for Take-Two the subscription business is for older catalog games and aimed at very avid consumers, but he doesn’t think it can be a mask market service that can supplant interactive entertainment as we know it. Evidence points to the contrary.
If you’d like to learn more about Talke-Two’s financial performance for the latest quarter, you can read our dedicated article.
