Grand Theft Auto V is around the corner…or at least the trailer is
Shares of Take-Two Interactive surged 6 percent on Tuesday. But it had nothing to do with activist investor Carl Icahn, who owns a chunk of the company or any rumors about the company’s earnings on Nov. 8.
What happened is that investors looked at the website of Rockstar games, the Take-Two-owned studio behind the Grand Theft Auto franchise. Its website had been replaced by a large Grand Theft Auto logo and a Roman numeral V wrapped around a banner saying “five.”
Gamers have been salivating for GTA 5 since 2008, when the last game in the series came out, so much so that at least one analyst has said that the game could sell 25 million copies in its first year.
But the timing, price, features or any other details are not yet known. The only clue the company revealed is on its website: the trailer is coming out on Nov 2.
Dan Houser, one of its renown game developers, gave an extended interview to Gamespot last week to commemorate the 10th anniversary of the third version but was mum on new details about the newest game.
When the last version came out in 2008, it made over $500 million in its first week of release. The game has been criticized for glorifying crime, street violence and drunk-driving.
With the global $64 billion global video game industry taking a beating in recent years, another gritty GTA might be just what Wall Street ordered.
(Photo: A screenshot of the Rockstar website)