Take-Two CEO Says Video Game Industry’s Pandemic Boost Is "Permanent"
The CEO of influential publisher Take-Two said that the boost to sales and revenue that the video game industry enjoyed over the pandemic will stick around.
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Take-Two Interactive CEO on his post-pandemic outlook on gaming
The video game industry surged throughout the pandemic as Americans stayed home in front of their televisions. Take-Two Interactive, Activision Blizzard and Electronic Arts are all up more than 60% since mid-March of last year, but as things slowly return to normal, some investors worry gaming could cool off. Strauss Zelnick, chairman and CEO of Take-Two Interactive, joined “Squawk Box” on Wednesday to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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