![]() ![]() ![]() The acquisition netted the parent company around $2.1 billion in revenue for the remainder of its fiscal year. In May 2022, Take-Two Interactive acquired mobile game developer Zynga for $12.7 billion. This sudden decrease can easily be explained, though. The company's fiscal year 2023 saw GTA's revenue share drop to only 15 percent. In the following years, the Grand Theft Auto franchise contributed between one quarter and half of the overall revenue of Take-Two, with one notable exception. For example, between April 2013 and March 2014, GTA V had a total revenue share of 69 percent, even though it was released at the end of Take-Two's fiscal Q2. Our chart shows that ever since the release of GTA V, the series, which includes the immensely lucrative quasi-MMO Grand Theft Auto Online, was responsible for a sizable chunk of the company's revenue year after year. With the hype cycle for the series' next installment, Grand Theft Auto VI, in full swing thanks to the first official trailer dropping earlier this week, Rockstar's parent company Take-Two Interactive can probably bank on GTA VI becoming another hit - with critics and its shareholders. Only the open-world game Minecraft, developed by Mojang, which Microsoft now owns, achieved better sales numbers than GTA V. As of November 2023, the game sold 190 million copies, according to company filings. Its latest installment, Grand Theft Auto V, released in September 2013, also comes in second on the list of the estimated best-selling games of all time. The Grand Theft Auto video game franchise developed by Rockstar Games is one of the most successful in the industry.
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