GTA VI has been in the works for over a decade. Its predecessor came out in 2013, releasing on the Xbox 360 and PlayStation 3. But while most games fade into obscurity after a year or so, GTA V has continued to be a cash machine. It has been the biggest selling title of the past 10 years. Life to date, the game has sold over 210 million copies, generating more than $9.5 billion in worldwide revenue.
The sequel, Rockstar says, will be “the biggest, most immersive evolution of the series yet.”
The delay was disappointing, but analysts say it was the right move.
“The release of a product that still needed work, i.e. Cyberpunk 2077, would have been worse for the company and the franchise,” said Wedbush’s Michael Pachter in a note to investors.
