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GTA 5 “Making Substantial Progress,” Still No Release Date

September 23, 2012 by Alex Co

In Take-Two’s latest financial report, Strauss Zelnick, CEO of Take-Two, claims GTA V is making substantial progress, but still won’t put a release date on their biggest game.

Take-Two Interactive, parent company of Rockstar Games, recently held its investors call and sadly, the reason why we listened in did not come to pass.

I am, of course, talking about Grand Theft Auto V's release window or anything similar to it. In the call, Take -Two CEO Strauss Zelnick did not divulge any details on the game other than saying "it's in full development and making substantial progress."

In the later part of the call, Take-Two took calls from different marketing and financial institutions to assess Take-Two's current and future financials. Understandably, some of are curious to when's GTA V is really going to be out…y'know, since it's the publisher's biggest game.

One of these people is Michael Hickey from National Alliance Capital Markets, Research Division. Mickey tells Strauss, "we've heard nothing — next to nothing on GTA V over the last couple of months," and asks, "what believability do we have at this point that this game is actually going to come out this year?"

Unfortunately, Strauss cannot be baited with an answer and simply stated, "Yes, I mean, Mike, we just haven't talked about the release date. So obviously, we can't talk about the credibility of the release date that we haven't announced."

Well, there ya go. Grand Theft Auto V is making substantial progress but they cannot divulge any other info other than screenshots. Is this a reason for concern? Not really. as Rockstar has been known to be very secretive when it comes to Grand Theft Auto. Hopefully, we'll know more about it before the year's done, no?

What do you want to see in Grand Theft Auto V? Do you think it will be out next year or might it be transitioned as a next-gen release?

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