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GTA 5 surpasses 160 million units sold and sets new records

Take-Two Interactive reports new records for its title originally released in 2013 and with a remaster for PS5 and Xbox Series X|S just around the corner.

GTA 5 surpasses 160 million units sold and sets new records

Grand Theft Auto V (GTA 5) has reached 160 million units sold worldwide. This Monday, Take-Two Interactive presented its financial results for the third quarter of the current fiscal year, which ended on December 31, with the performance within its financial forecasts. GTA V has managed to ship another 5 million more copies since the last report, which dated back to September 30, and brings the series' total figure to 370 million copies for all installments.

Grand Theft Auto V, eight years making history

This is the third consecutive quarter that GTA V has sold 5 million copies in a single quarter; data that reflects the great commercial performance of an unprecedented product thanks to a persistent and unrelenting pace of sales. Rockstar Games recalls in its report that it is the fastest entertainment product to reach $1 billion in store sales revenue in history. To date, it has surpassed $6 billion since its debut in 2013.

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At the same time, they highlight to their investors that it is the best-selling game of the past decade in the United States, both in terms of copies sold and revenue. To all this, we must add the upcoming release of Grand Theft Auto V on PS5 and Xbox X Series X|S consoles, the new generation of consoles from Sony and Microsoft, respectively, this coming March 15.

GTA Online, Rockstar's biggest contributor every quarter

GTA V's online mode is what has allowed Take-Two to close a quarter with such good results. During the quarter ended December 31, the parent company had a revenue of $903.3 million, 5% more than at the same time a year ago. Of this amount, 61% of total revenues came from recurring expenses; in-game purchases, additional downloadable content and microtransactions with virtual money. On March 15, a standalone version of Grand Theft Auto Online will also be launched on PS5 and Xbox Series.

Digital revenues accounted for 88% of Take-Two's total revenue last quarter. In parallel, Red Dead Redemption 2 has sold nearly 43 million units, while the NBA 2K series has sold around 121 million copies in its entire history (3 million more than last quarter).

Last week, Rockstar Games confirmed the development of the next installment of the series, which is tentatively known as GTA 6. The title is "in progress".

Source | Take-Two Interactive Software, Inc. Reports (Q3/FY22); Investor Presentation; Conference Call