Take-Two Says It Wants to Remain Independent Despite Netflix Collaboration on GTA VI
The companies have indeed signed many agreements.
Take-Two Interactive CEO Strauss Zelnick stated that the company does not plan to become part of Netflix. His comment came amid preparations for a special Grand Theft Auto VI screening that the streaming service will host at the end of August.
In an interview with CNBC, Zelnick discussed the collaboration between Take-Two and Netflix. According to him, the companies have already concluded “a whole series of deals”, which has established a strong partnership between them. At the same time, the head of Take-Two made it clear that he does not expect an acquisition of the publisher by Netflix.
Answering a question about possible purchase offers for Take-Two from Netflix, Zelnick noted that the streaming giant has historically preferred organic growth over large acquisitions.
I think we’re very proud of how we built this company independently. We are currently the largest publicly traded independent company in the video game industry in the world […] I think if any company deserves to remain independent, it’s us.
He also emphasized the financial stability of Take-Two. According to him, the company expects to generate more than $8 billion in revenue this year and continues to remain consistently profitable.
Source: iXBT.games
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