Zelnick says people who hate running public companies just hate telling the truth

Caught this quote from Strauss Zelnick in a GamesRadar piece and it's been rattling around my head. He said "the people who hate running public companies are the people who hate telling the truth."

On one hand, I get it. Public companies have to open their books, do earnings calls, answer to shareholders. It forces a certain level of honesty that private companies can dodge. And Take-Two's been pretty upfront about GTA 6's timeline, even if they're cagey on details.

But man, the timing of this quote is something else. The whole industry's in a weird spot right now, layoffs everywhere, and here's Zelnick basically saying if you can't handle the transparency, that's a you problem. It's a flex, but it's also kind of refreshing? Most CEOs would just give some corporate non-answer.

I keep thinking about how this applies to Rockstar's silence on GTA 6. They're not a public company on their own, but they answer to Take-Two. So when Zelnick says they're being truthful, does that mean the radio silence is the truth? Like, there's nothing to say yet that won't mess with their plans?

What do you think he's actually getting at with this quote?

Source: GamesRadar+ · Curated content.

This. So much this. Nah I'm kidding. Back in '02 you didn't need an earnings call to know Vice City was gold. Zelnick's just spinning "we're public" into a virtue. Silence from Rockstar is marketing... always has been.

Silence from Rockstar is marketing

Maybe so, but I'd trade a hundred earnings calls for one clear shot of Mount Kalaga's northern face.