Take-Two is the latest company to release their financial results for the last quarter. During their earnings call, the company revealed they have 93 titles in development among their studios, all due to release over the next five years. Of those titles, 46 of them will be from new IPs.
The company?s President Karl Slatoff broke down the numbers in more detail during the earnings call. About half of those titles, 46 to be exact, will be from new IPs. The remaining 47 will be sequels or titles from existing IP, lending more credence to rumors of remasters for titles like the earlier Grand Theft Auto games. As Chairman and CEO Strauss Zelnick stated, players expect there to be new IPs despite their continued support for beloved franchises, and if the company didn?t develop new IPs they would effectively be ?burning the furniture.?
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