A decade after GTA 5, clues suggest that 2023 could be the year of Grand Theft Auto 6
For all the rumors and leaks that tend to surround popular upcoming games, it's almost always the financial and legal obligations of publicly traded companies that lead to premature reveals, and Take-Two Interactive may have just let slip the release year of Grand Theft Auto 6 with a public SEC filing.
Take-Two has made an official clarification in relation to the analysis below. Read it here.
Take-Two filed a Form 10-K recently. A 10K is the company's annual report and, amongst a trove of other information, includes expenditure forecasts for upcoming years. These forms are public information, as required by US Securities and Exchange Commission regulations, and enable us/investors to gain insight into the company's financial performance and potentially its upcoming projects.
According to the filing, Take-Two currently forecasts spending $89 million on marketing in the 12 month period from April 1, 2023 to March 31, 2024. Notably, this is more than twice the amount of money they plan to use for the same purpose the years before and after. You can see for yourself in the image below.