Take-Two Interactive shares pressured by Grand Theft Auto VI footage leak

5:26 PM 19 September 2022

The gaming industry has started the new week with a bump, all thanks to leaked footage of the 6th installment of the popular Grand Theft Auto game in production. Shares of Take-Two Interactive Software (TTWO.US), which owns the Rockstar Games studio, were trading down more than 6% today on fears about the future of the project, amid concerns about a possible leak of source code (which could disrupt the stability and proper operation of Grand Theft Auto VI Online. 

Video footage that depicted gameplay scenes appeared online this weekend, and their authenticity was denied in the first place. No less, as reported by Bloomberg, people familiar with the whole matter confirmed the veracity of the materials. The whole matter was also confirmed by Rockstar Games. 

According to unofficial sources, the hacker is said to be negotiating with Take-Two Interactive on more broadly unspecified terms. However, this information has not been confirmed, and the details of exactly what issues are involved are unknown. 

Global media believe that the leak of Grand Theft Auto materials may be the largest such incident in history. 

 

Rockstar Games' response to the material leak that occurred. Source: Rockstar Games via Twitter

TTWO.US stock price chart. Source: xStation 5

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