Take-Two, the parent company of 2K Games and Rockstar Games, is the latest company to speak about the impact of the COVID-19 (novel coronavirus). Speaking at the Morgan Stanley Technology, Media, and Telecom Conference, Take-Two CEO Strauss Zelnick started off by stressing that the health and safety of people around the world is far more important than the business of making video games.
In terms of Take-Two's business, Zelnick said he is not concerned about a significant impact. Take-Two's Private Division has delayed the Switch version of The Outer Worlds due to the coronavirus, as the developers at port specialist studio Virtuos are based in China where their office was closed. However, Take-Two is not expecting a material impact beyond that, Zelnick said.
The global financial market may take a "real hit" due to the coronavirus, Zelnick said, but he doesn't believe the games business will be meaningfully impacted.
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