PlayStation is skipping E3 2019.
E3 2021 is going to be online.
Categories

How the coming console transition is already affecting Take-Two Interactive’s business

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Take-Two Interactive Software is already preparing for the launch of the next-generation game consoles from Sony and Microsoft in 2020. And you can already see some evidence of that in today’s first-fiscal quarter report for the three months ended June 30.

In a conference call with analysts today, Take-Two CEO Strauss Zelnick and other executives said they looked forward to the new generation of consoles, but they did not want to raise concerns that it would be accompanied by a big revenue drop during the transition and rising of costs for making next-gen games.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.