Take-Two: Elevated Advertising Spending in 2023 is Because of Third-Occasion Video games and Not GTAVI

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Take-Two: Increased Marketing Spending in 2023 is Due to Third-Party Games and Not GTAVI

by
William D’Angelo
, posted 2 hours in the past / 295 Views

It was reported yesterday Take-Two could be taking a look at a launch for Grand Theft Auto VI in 2023, a full 10 years after the discharge of Grand Theft Auto V, in response to funding agency Stephens analyst Jeff Cohens. The corporate was seeking to greater than double its advertising and marketing spending for the fiscal 12 months ending March 31, 2024 to $89 million.

Nevertheless, a Take-Two consultant has advised GamesIndustry the elevated spending on advertising and marketing within the fiscal 12 months ending March 31, 2024 “displays advertising and marketing commitments made to third-party corporations.”

Rockstar Video games is an inside studio and wouldn’t be a third-party firm, which does imply the elevated spending on advertising and marketing isn’t on account of to Grand Theft Auto VI.

GTA5


A life-long and avid gamer, William D’Angelo was first launched to VGChartz in 2007. After years of supporting the location, he was introduced on in 2010 as a junior analyst, working his means as much as lead analyst in 2012. He has expanded his involvement within the gaming group by producing content material on his personal YouTube channel and Twitch channel devoted to gaming Let’s Performs and tutorials. You may contact the creator at [email protected] or on Twitter @TrunksWD.

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