take two interactive the video game company known for its grand theft auto series may be planning to release the long awaited gta vi in 2023 as per a report by venturebeat the report is based upon the calculations of analyst jeff cohens of investment firm stephensaccording to its 10k sec filing that was made recently the video game publisher plans to burn about 89 million on marketing during the fiscal period that ends on march 31 2024 this is almost twice the marketing budget of take two for any other fiscal year that falls over the next five years the huge marketing expenditure in fiscal 2024 is being seen as a hint to the release of gta vi during that timethe report quotes a part of jeff cohens note to the investors we are not sure how much we should be reading into this shift but we would note that this disclosure accurately predicted the launch of red dead redemption 2 prior to that games announcement taketwo management has spoken very confidently about the pipeline over the next five years and existing live services execution has been excellent however the timing of the next grand theft auto remains topofmind for investors particularly with the stock near alltimehighsconsidering gta v is still a hit among customers and also the next generation of consoles hasnt been launched yet it seems like take twos rockstar games is in no hurry to launch the next iteration in the gaming franchise the launch of gta vi makes more sense two years from now when more people will own the next gen gaming consoles like the ps5 and the xbox series x and the game will reach a wider audience for now gta v is raking in the moolah for the company as is red dead redemption 2