Business1 min read

New Zelda and GTA represent a games industry that no longer exists

By · Via The Verge · Published by Everything Blog

In short

The upcoming launches of Grand Theft Auto VI and a remake of The Legend of Zelda: Ocarina of Time represent rare bright spots in an otherwise troubled market. While Circana projects 29 percent of U.S. gamers intend to buy Rockstar's next entry, the broader sector is struggling under economic distress and mass job cuts. This widespread contraction has forced nearly every other competitor to clear out of the November release corridor entirely. Notably, Electronic Arts recently closed BioWare and canceled the next Mass Effect project amid this mounting instability.

Key points

  • Severe economic distress and studio closures are redefining the business models of the vi…: Severe economic distress and studio closures are redefining the business models of the video game sector.
  • Massive tentpoles from Rockstar and Nintendo are launching despite an environment marked…: Massive tentpoles from Rockstar and Nintendo are launching despite an environment marked by widespread job losses.
  • Leading publishers including Sony, Xbox, and Electronic Arts are aggressively cutting cos…: Leading publishers including Sony, Xbox, and Electronic Arts are aggressively cutting costs and canceling major projects.

Sources checked by our analysis pipeline: 1

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New Zelda and GTA represent a games industry that no longer exists

The two biggest games of the year launch in November, offering some reprieve from a terrible year.

New Zelda and GTA represent a games industry that no longer exists

The two biggest games of the year launch in November, offering some reprieve from a terrible year.

How it started

The two biggest games of 2026 are set to launch just a few weeks apart in November.

On the one side you have the behemoth that is Grand Theft Auto VI, an experience 13 years in the making, and the sequel to one of the best-selling games in history. Its predecessor, GTA V, has sold a staggering 230 million copies since it launched in 2013, and was re-released across three generations of consoles.…

Business