Take-Two Interactive, the parent company of Rockstar Games (GTA 6 developers), has revealed its strategic focus on developing new intellectual properties (IPs) for future growth.
Take-Two's Vision: Beyond Legacy IPs
Take-Two CEO Strauss Zelnick, in a recent Q2 2025 investor call, addressed the company's reliance on established franchises like Grand Theft Auto (GTA) and Red Dead Redemption (RDR). While acknowledging their success, Zelnick emphasized that continued reliance on these legacy IPs poses a long-term risk. He highlighted the inevitable decline in value over time, a natural consequence of market trends and player preferences. This "decay and entropy," as Zelnick termed it, necessitates a proactive approach to innovation. He warned against solely relying on past successes, stating that failing to develop new IPs is akin to "burning the furniture to heat the house."
Strategic Release Scheduling and New IP Development
Regarding future releases of existing franchises, Zelnick confirmed a strategy of spaced-out major game launches, avoiding unnecessary overlap. While GTA 6's release window is set for Fall 2025, it will be distinctly separated from the planned Spring 2025/2026 release of Borderlands 4.
Take-Two's commitment to new IPs is evident in the upcoming release of Judas, a story-driven, first-person shooter RPG developed by Ghost Story Games. Expected in 2025, Judas will feature player-driven narrative choices impacting relationships and story progression, as revealed by creator Ken Levine.
This strategic shift towards new IP development underscores Take-Two's commitment to long-term growth and diversification beyond its highly successful, but ultimately finite, legacy franchises.