Take-Two Feels 'Reasonably Confident' It Won't Be Affected by Tariff Changes
ign.comPublished: 5/15/2025
Summary
Take-Two CEO Strauss Zelnick expressed confidence that his company's financial outlook for the next fiscal year remains unaffected by ongoing US tariff uncertainty, despite worries from others in the gaming industry. His optimism stems from a large installed base of games on platforms like Xbox Series, PlayStation 5, and Nintendo Switch 2, as well as reliance on stable digital sales from existing titles such as GTA V and Red Dead Redemption 2, which aren't impacted by tariffs. Zelnick emphasized that while the situation is unpredictable, his company's business model offers less direct risk compared to hardware prices.