GTA V made an estimated $ 1 billion in profits in 2020, even at the age of seven

GTA V made an estimated $ 1 billion in profits in 2020, even at the age of seven

There is a phrase that can be applied well in this story and it says the following: Old, but gold. And that’s exactly what happens with the popular Grand Theft Auto. a Original address It was created in the year 1997 and certainly many of our readers remember its operation.

GTA V is already 7 years old, but that’s not what sets it aside in relation to other, more recent games. The proof of this is that according to the latest data, the game generated an estimated $ 1 billion in revenue last year.

It is not new to anyone that the confinement caused by the COVID-19 pandemic has boosted the use of technologies, especially racing for electronic games. And this was really one of the activities that enjoyed the best entertainment for the users by helping them spend time at home.

But make up for those who thought only the latest games were gamers ’choice.

GTA V is still a successful game

Grand Theft Auto V was released in September 2013 and quickly became one of the best games of all time. Of course, the previous versions also provided a great help in creating the curiosity and desire to play this version. But even the passage of time did not take this game into oblivion.

Even with its 7 years of existence, GTA 5 managed to generate nearly $ 1 billion in revenue in 2020. This result was surprising even to the distributor. Take two, Which he had hoped that with many years on the market, the game would be in a slump.

But instead of stagnating, GTA V is getting bigger and bigger. According to the data, the game has sold 145 million copies, which represents 42% of the total sales of all versions.

These results bolstered the values ​​of Take-Two, which posted a record fiscal year of $ 3.37 billion in net revenue at the end of fiscal year 2021, which ended in March. According to the distributor, GTA games were responsible for 29.2% of that amount, and generated $ 984.9 million.

In addition to the pandemic, one of the factors that could explain this phenomenon is Rockstar's strategy in GTA Online. For example, in partnership with Epic Games, the developer distributed the game for free, which increased the number of players.

By Chris Skeldon

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