Take-Two CEO: Highly Anticipated New Title from One of 2K’s Biggest Franchises Coming in FY2019
In their fresh earnings results for FY2017 press release, Take-Two CEO Strauss Zelnick announced that a major sequel from one of 2K's biggest franchises will launch in FY2019 (from April 1st, 2018 onwards) alongside Red Dead Redemption 2.
That said, we still expect fiscal 2018 to be a year of strong earnings and cash provided by operating activities for Take-Two, despite an unusually light release slate, driven by new releases of NBA 2K and WWE 2K, our robust catalog led by Grand Theft Auto, and innovative offerings designed to drive engagement and recurrent consumer spending. Looking ahead to fiscal 2019, we expect to deliver both record Net Sales and record net cash provided by operating activities, in excess of $2.5 billion and $700 million, respectively, led by the launches of Rockstar Games' Red Dead Redemption 2 and a highly anticipated new title from one of 2K's biggest franchises.
Considering that they're not talking about a Rockstar franchise, we could be looking at either a new Bioshock title or Borderlands 3 since those two are definitely the biggest 2K franchises outside of the yearly WWE and NBA2K releases. The latter seems far more likely since the game has been announced a while ago by Gearbox and CEO Randy Pitchford even recently showcased a tech demo of Borderlands 3 running on Unreal Engine 4 technology, at the Game Developers Conference 2017.
Take-Two CEO Strauss Zelnick also confirmed that the company will have a "corporate presence" at E3 2017 with no product announcements, though it will be meeting with investors, retail partners and the press behind closed doors.