Zelnick tells Bloomberg's Rubenstein Take-Two needs no buyer and hasn't ruled out a GTA film or show

Take-Two CEO Strauss Zelnick said on an episode of Bloomberg's The David Rubenstein Show that the company does not need to be part of a bigger group, and that a GTA film or TV show is not off the table, GamesRadar+ reported on November 13. The quotes here are from GamesRadar+'s two reports on the episode. We have not watched the interview, and neither report gives the date it first aired.

Asked whether Take-Two would consider a sale, as two big competitors recently had, Zelnick said: "I think we've proven that we can do very well as an independent company." He described Take-Two as a large company with a terrific balance sheet, and said it should be a net cash company again by the end of this fiscal year. The competitors were not named; GamesRadar+ took them to be EA and Activision Blizzard.

Zelnick argued that scale stops helping past a certain size. Below about $1 billion in revenue, he said, a publisher struggles to build a competitive creative team, global marketing and distribution, and to survive its flops. Well above that, he said, "additional scale doesn't seem to help you succeed." He put Take-Two's guidance for this fiscal year at $8 billion to $8.2 billion, according to GamesRadar+'s transcript.

Asked why there has been no Grand Theft Auto adaptation after 30 years, Zelnick said Take-Two is "very careful about line extensions" because it is a creative company. He said it would make a film or television show "if our creative teams were passionate about it", and called that a high bar with a real risk of failure. "So we don't rule it out, but we're very, very selective," he said.

That is not an announcement. Zelnick named no project, studio, partner or timeline, and neither Take-Two nor Rockstar Games has said that a GTA film or show is in development. GTA 6 launches on November 19 for PS5 and Xbox Series X|S.