by Charlotte Dec 12,2024
Take-Two Interactive Aims for Ongoing Game DevelopmentGTA Publishers Must Diversify Beyond Established Franchises
In response to a question about consumer behavior and reception to new projects, Zelnick admitted that they are best known for their established IPs, including titles from developer Rockstar Games such as the GTA and Red Dead Redemption (RDR) series. However, Zelnick also stated that he foresees a future where these established IPs will be less valuable to the company, and to players, than they are now and have been over the past two decades since the games' releases.
He further opined that failing to innovate and develop new IP would be detrimental to Take-Two, stating, "We risk consuming our assets to stay afloat." He elaborated, "Ultimately, all things decline, including successful titles. Therefore, if we don't explore new avenues and create new intellectual property, to say we're complacent is an understatement. We're truly risking squandering our resources. And that's never a positive outcome."
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