KEY POINTS

  • The next "GTA" game installment is "well underway," according to Rockstar Games
  • The gaming studio failed to reveal the upcoming game's release window or date
  • Rockstar Games has not yet revealed the game's official title

Gaming studio Rockstar Games has finally confirmed that the highly anticipated game "GTA 6" is in development and that "it is going to be special," but it did not reveal anything about its launch plan. Interestingly, several industry insiders predicted the release date of the next game installment of the popular "Grand Theft Auto" series.

Following Rockstar Games' surprising announcement over the weekend, Bloomberg reporter Jason Schreier shared on Twitter his thoughts about the latest "GTA 6" news.

"Wouldn't be shocked to see Grand Theft Auto VI announced later this year with a fake release date of 'fall 2023' that then slips to 2024," he tweeted.

Schreier, who has provided accurate scoops in the past, believes the next "GTA" game installment would release sometime in 2024. Other analysts have also predicted a similar release window.

GTA 5
Taylor Pelling of Sutton poses with his copy of the console game Grand Theft Auto 5 at the midnight opening of the HMV music store in central London. Grand Theft Auto anchors a growing stable of hits. LEON NEAL/AFP/Getty Images

Take-Two Interactive, the mother company of Rockstar Games, said in a note during its acquisition of Zynga that it is "Looking ahead, the combined company is expected to deliver a 14% compound annual growth rate… over the three-year period from Take-Two's Fiscal Years 2021 through 2024."

An analyst from investment banking firm Jeffries, which was quoted by Axios' Stephen Totilo, believes "there are only a handful of titles that can...provide management with the confidence to put out such a strong guidance; we believe there is at least one Rockstar IP set to be released by FY24".

This was seconded by Cowen's research analyst Doug Creutz who thinks Take-Two's statement suggests "a likely GTA 6 launch in FY24." This means the next "GTA' video game entry could release sometime between April 1, 2023 and March 31, 2024.

The window aligns with Tom Henderson's scoop about the game in June 2021. In a YouTube video, the industry insider mentioned that "GTA 6" is still far from its official launch and mentioned that it could release in 2024 or 2025.

Meanwhile, Rockstar Games' vice president of animation, Jeff Jagger, commented that the next "GTA" installment is "going to be special."

Unfortunately, he did not elaborate on how. But the statement surely excites fans who have long been itching to get their hands on "GTA 6."

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