Take-Two CEO Strauss Zelnick: I think the biggest distinction between us and some of our competitors is we don't annualize our non-sports titles, and that's for a couple reasons. One is we want to have the highest quality in the business and that takes time, and two, we like to rest our IP in between releases because we believe that's what keeps it fresh and permanent. We don't want to burn off our franchises. It's an unusual strategy, I think we stand alone with that strategy, but it's really paying off. Obviously it takes a while because creating a new IP takes some time, and then you don't always have the biggest success initially as you would with a subsequent release. It's a long-term strategy but history says we're doing well.
Zelnick and Slatoff have received a $25m bonus for their management fund after sacking 550 people from Take Two Interactive.
550 probably consultants.
GTA6 is in tweak phase, no need for massive number of people for that.
Bury them deep, plant an endangered species of tree ontop- body can never be recovered 🧐
Don’t ask how I know this 😂
I really don't even think CEO's should get bonuses. If I were a CEO and I made millions, I would like to think I wouldn't. Or if I had to legally, I would maybe find a way to disperse among the lower tier employees. Take my bonus and turn it into stocks to disperse out to those employees evenly.
That would be the way to do it. Imagine thinking a CEOs "leadership" is worth that much money while the talent makes the product.
Insanity.
I remember when I started working, my department manager used to gift us stuff each year, one year I got a bottle of Scotch, another it was a small basket of treats... But that was also a lot less money than what we're talking about here.
It would be ideal if the CEO could gift a bonus to everyone under them.
Monetary company bonuses (often referred to as Christmas bonuses) were astoundingly common.
The entire premise of Christmas Vacation was set around Clark's bonus.
CEO's work for shareholders and are shareholders they also rely on share price to receive their multimillion dollar paydays and they will happily fire thousands to protect shares. CEO's are there to extract the most value out of a company and give it to the wealthy few.
That is so god damn fucked up!! Unfortunately...I know damn well I will be still buying their games but shit like this should seriously have some sort of repercussion of some sort. 550 people get their lives totally up-ended and the leadership get a bonus on top of an already high salary. 25M could set those 550 people up with an annual salary each of $45,000. Depending on where you live, that is a very livable salary even...
The Take-Two lineup for next year looks epic, with releases like GTA 6, Borderlands 4, Judas, and Mafia: The Old Country all coming next year.
IMHO,
Judas in early 2025
Mafia 4 in mid 2025
Borderlands 4 in late 2025
GTA VI in early 2026
All within fiscal 2025.
Well I know for sure mafia devs and gta 6 will be 2 of the games that finally utilize this gen consoles power
Take-Two, the industry tycoon and owner of Rockstar Games, has an amazing line-up for 2025 outside of GTA 6.
When rockstar finally gives us a release date add another year on that then that's when you get to play it.. if you don't you will be disappointed it's happened to every rockstar game to date
im pretty sure they made their schedules around gta6 ha.
to get the most profits, cause gta is gonna swallow up any of them
I don't even care if GTA6 isn't feature complete. I hope it's not delayed and runs well. It's gonna be around for a while so there's plenty of time to add more later.
I think everyone can agree when I say shut up. Are you so bored out of your mind that want some half cooked game? No wonder the industry is shit when there’s people like you.
Rockstar games don’t release unfinished games and there is a big chance. GTA6 is a 2026 title.
People seem to not quite get what I meant. I'm not saying a half cooked game but it doesn't have to be SO caught up with GTA Online. Just the story mode.
GTA 6 is on my list, Mafia Old Country is in my cross hairs, and Borderlands 4 I am on the fence, and Judas also looks interesting.
Judas could be good but it will need some serious sales milestones to keep Ken Levine employed with 2K.
GTA6 is a no brainer. I am all in with that titan.
yup super expensive because 2025 and beyond has many bangers dropping.. what a time to be a gamer
I wish Ubisoft and Activision thought this way, and stop with the COD and AC crap.
Take2 deserves all the sucess, sales and reputation they have.
Well they do have the #1 most lucrative franchise.
Being number one isn't crucial, but being respected is.