New Games by Rockstar and 2K from “Renowned Franchises” and New IPs Teased; Take-Two Expects Growth in FY 2018

on August 4, 2016 8:22 PM

During Take-Two’s quarterly results conference call, President Karl Slatoff talked about the company’s development pipeline for the next fiscal year and onward, which means starting on April 1st, 2017.

Slatoff teased “a robust long-term development pipeline” for both Rockstar and 2K, featuring games from “renowned franchises,” and new IPs.

Earlier in the call, CEO Strauss Zelnick mentioned that the company “expects to grow bookings and cash flow for operations in Fiscal 2018.” This appears to indicate that Take-Two is confident about having something big coming between April 1st, 2017, and March 31st, 2018.

Zelnick also added:

“Today our company is just beginning to realize its potential. From advances in technology that influence how we create, distribute and experience interactive entertainment, to the expanding globalization of our audience. There has never been a more exciting time for the industry.

Take-Two is well prepared to capitalize on these positive trends, strategically, creatively and financially. As a result, we’re positioned to achieve continued success, and deliver returns to our shareholders over the long term.”

 /  Executive News Editor
Hailing from sunny (not as much as people think) Italy and long standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality) and MMORPGs are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans of the flight simulator genre on Earth.