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As GTA 6 breaks records, Take-Two CEO says he isn’t interested in an EA-style $55 billion buyout
Take-Two chief executive Strauss Zelnick says the company is not interested in being sold or joining a larger organisation, arguing it can compete successfully as an independent business. His comments come ahead of Grand Theft Auto 6’s launch, as the game sets pre-order records and Take-Two prepares for a major release.
Zelnick said Take-Two expects revenue of $8 billion to $8.2 billion this fiscal year and to end it as a net-cash company. He argued that scale helps entertainment companies below about $1 billion in annual revenue, but offers little extra advantage once they are much larger. The article contrasts his view with EA’s reported $55 billion sale, which involved $20 billion in debt, and subsequent studio closures and game cancellation.
In short
- Take-Two says it will remain independent.
- GTA 6 has set pre-order records.
- The company forecasts $8 billion to $8.2 billion in revenue.
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