Take-Two narrows GTA VI release window, records $3.74 billion annual loss

Plus, EA is diverting 100 percent of Immortals of Aveum net sales revenue to Ascendant Studios, Phoenix Labs lays off staff, cancels games in major restructuring, and more - [Game Developer Daily](?sp_aid=123569&elq_cid=22018255&sp_eh=558b5bca28770e5056e8cfadd2bf9a5dda06ed0e24183b37db416422421c3bbf&utm_source=eloqua&utm_medium=email&utm_campaign=Gama_NL_Game%20Developer%20Daily_05.17.24&sp_cid=53550&utm_content=Gama_NL_Game%20Developer%20Daily_05.17.24&sp_eh=558b5bca28770e5056e8cfadd2bf9a5dda06ed0e24183b37db416422421c3bbf&elqTrackId=5b356fa0532b421892e49e54bfac3916&elq=097eb3a15bfc4ee79dd771757456d201&elqaid=123569&elqat=1&elqCampaignId=53550) May 17, 2024 — JUMP TO — [From Our Sponsors](#sponsors) | [Featured Blogs](#blogs) | [Top Job Postings](#job) | [Resource Center](#resources) [TOP STORIES] [Take-Two narrows GTA VI release window, records $3.74 billion annual loss]( The company also cancelled 'several' unannounced projects as part of an ongoing cost reduction program. 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