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‘GTA 5’: Licensing ‘Grand Theft Auto’ movie lucrative but risky, says Take-Two

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Take-Two said that they’ve yet to green light a movie adaptation of the Grand Theft Auto storyline because though the investment could be lucrative but risky to the reputation of the franchise, according to a report today from GameSpot.

Speaking at the BMO Capital conference, Take-Two president Karl Slatoff said he’s received interest from television and film studios about making a GTA spinoff but remains wary of the consequences a flop could do to the Rockstar Games franchise.

"If you’re going to invest in a movie –– you can make a lot of money on movies –– but as a licensor, you’ve got to look at what the success rate is, what the movie has to do for you to generate substantial economics that are worth taking the risk," Slatoff said.

Slatoff said it’s important to strike a balance between moving into that potentially lucrative medium and maintaining a series’ integrity, but added that Take-Two would take calls about an adaptation.

“… Obviously, we consider those inbound requests. We take those inbound requests. So it’s something we consider at this point, but again it's not core to what we do,” Slatoff said.

In September, Rockstar Games co-founder Dan Houser said a GTA movie has been pitched “many times,” though he believes the franchise wouldn’t unlikely move to the silver screen anytime soon.

You can read that full Examiner report by clicking here.

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