'Grand Theft Auto V' Hits New Sales Milestone, Says Take-Two
The executives of Take-Two Interactive are most likely celebrating as Grand Theft Auto V reaches a new milestone. According to reports, the open-world title has officially moved over 80 million units across the globe. This information was confirmed by Strauss Zelnick, Company CEO, during their recent earnings call. It appears that the game had sold an additional five million copies since their last report a few months ago.
Take-Two Interactive's Strauss Zelnick revealed that the bulk of those additional sales are physical copies of Grand Theft Auto V. Some market analysts have speculated that the game's digital sales have added to their financial gains, but it seems that consumers still prefer a tangible copy of the popular open-world title. Game Rant also shares that digital sales only made up 25 percent of all their sales, while the physical disc version recorded a substantial 75 percent overall.
Based on their sales milestone report, it is hardly a surprise that Grand Theft Auto V takes credit for the bulk of the Take-Two Interactive's financial success. According to the company's financial reports, the game has significantly contributed to the publisher's $880.7 million milestone during its last financial year. Additionally, the numbers are almost 50 percent of its total gains for an entire year.
It was also noted that during its most recent earnings call, the CEO applauded Grand Theft Auto V and its online multiplayer mode. Based on its analysis, the open-world game has "outperformed" Take-Two Interactive's sales expectations consistently every quarter since its release back in 2013, reports Gamespot. Moreover, reports have also noted that GTA Online remains popular and successful due to its regular content updates.
Take-Two Interactive's stocks took a stumble after it confirmed that Red Dead Redemption 2 is officially delayed to 2018. However, company insiders claim that the studio merely shrugged off the setback. It appears that the continued success of Grand Theft Auto V proves that releasing a game with all the bells and whistles will prove successful in the long run.
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