- Less than a week after Grand Theft Auto V raced to $1B in retail sales within three days, Take-Two's (TTWO) Rockstar Games unit has provided details about Grand Theft Auto Online, the online world that will be available next week to buyers of the latest update to the edgy franchise.
- Grand Theft Auto Online will be free to GTA V buyers, but (in the spirit of the times) will be monetized via virtual currency/goods purchases. Rockstar: "You don’t have to spend real money to attain the cars, guns, clothes, flash and style of a high-roller in [the fictional city of] Los Santos, but can if you wish to get them a little quicker."
- A multiplayer mode allows up to 16 users can play together at a time. In addition to races, jobs, and "open-world crime and chaos," users will also be able to partake in tennis, golf, and base jumping, "all for cash and reputation."
- Thanks to the strong early reception for Grand Theft Auto V, Take-Two's Sep. quarter EPS consensus has risen to $1.42 from $1.35. Can Grand Theft Auto Online provide a lift to future quarters?