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GTA 6: Take-Two Is Not Selling to Netflix, CEO Zelnick Emphatically States

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GTA 6: Zelnick Rules Out a Netflix Acquisition of Take-Two Despite the Advance Payment Agreement: "If anyone deserves to be independent, it's us."

GTA 6 has put Take-Two in the spotlight, and with that spotlight come rumors. The latest rumor suggests that the deal with Netflix for the extended trailer of the game, scheduled for August 27, could be the first step toward a sale of the company. Strauss Zelnick, CEO of Take-Two, has come out to nip this in the bud in an interview with CNBC.

Zelnick Quashes Speculation About a Sale to Netflix

When asked directly whether the partnership with Netflix could lead to an acquisition, Zelnick didn’t beat around the bush:

“I think if anyone deserves to be an independent company, it’s us.”

The announcement of the deal with Netflix to show the GTA 6 trailer sparked a flurry of theories among the community. If the streaming giant is paying for that privilege, why not take the next step and buy the studio outright? Zelnick responded before the idea could fully take hold, and he did so in the very same interview in which the partnership was discussed.

Take-Two, the Industry’s Largest “Pure-Play” Publicly Traded Company

The CEO didn’t just speak of corporate pride; he also laid out the numbers. In his own words, Take-Two is already the largest publicly traded “pure-play” company in the video game industry—that is, the largest company focused exclusively on this business, without diversifying into film, television, or any other sector.

DataFigure
Projected revenue for this yearOver $8 billion
Market capitalizationOver $47 billion
Share priceOver $250

These are the numbers that, according to Zelnick himself, demonstrate why Take-Two does not need to rely on anyone—not even a giant like Netflix—to continue growing. Comparisons with other recent moves in the industry—such as Microsoft’s purchase of Activision Blizzard or Sony’s acquisition of Bungie—make it clear what kind of deal Take-Two is avoiding. It does not want to lose control of Rockstar or, with it, control of the Grand Theft Auto franchise itself.

The Deal with Netflix Is Not the First Step Toward a Sale

The confusion stems from the fact that Take-Two and Netflix do have a real, long-standing relationship. Zelnick noted that “we’ve entered into several agreements with them; we’ve distributed many titles on the Netflix platform,” referring to Netflix Games. The extended trailer for GTA 6, set to air on August 27, is the latest piece of that collaboration, intended as a marketing strategy rather than a prelude to a corporate merger.

Zelnick went further and used Netflix’s own track record as an argument against the rumor. The company, he said, “historically does not make large acquisitions” and has preferred to grow “organically” rather than buy entire studios or publishers. In other words: Take-Two is not for sale, and Netflix does not typically acquire companies of this size.

What This Means for Gamers

For anyone who just wants to play GTA 6, the underlying message is reassuring. There’s no indication that a change in ownership will interfere with the game’s development or release. Rockstar remains part of Take-Two, and Take-Two, according to its own CEO, has every intention of remaining Take-Two.

What has been confirmed, amid all the buzz about buyouts and sales, is the date on the calendar. On August 27, Netflix will premiere the extended trailer for the most anticipated game of the decade. You can follow all the latest news about the series in our news section as the date approaches.

Zelnick settled the matter once and for all, leaving no room for interpretation. Take-Two is not for sale—not to Netflix, nor to anyone else.

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