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Take-Two CEO Strauss Zelnick says company is not for sale despite Netflix tie-up

Take-Two Interactive CEO Strauss Zelnick told CNBC the company is not interested in selling to Netflix or any buyer right now. The comment came amid a partnership with Netflix around the GTA 6 trailer and existing deals to distribute some Take-Two titles via Netflix Games. GTA 6 is scheduled to launch this November, and Zelnick emphasized Take-Two’s preference to remain an independent, publicly traded pure-play games company.

• Take-Two CEO Strauss Zelnick said the company is not for sale and is not interested in selling to Netflix or anyone at the moment.
• Take-Two has made multiple distribution deals with Netflix Games; some GTA entries were removed from Netflix Games but Red Dead Redemption remains playable there.
• GTA 6 is scheduled to launch this November and the Netflix partnership relates to promotion around the next trailer.
• Zelnick noted Netflix has preferred smaller gaming acquisitions (Night School Studio, Next Games, Boss Fight, Spry Fox) and has not typically pursued many large buyouts; Take-Two says it prefers independent growth and is the largest public pure-play in the space.