'Red Dead Redemption 2': Can it Overtake Grand Theft Auto V?

By Bridgette Webb

"Red Dead Redemption 2" hit store shelves on Friday with big ambitions.

The hotly anticipated game seven-years in the making was met with wide acclaim, boosting stock in the game-maker, Take-Two Interactive ($TTWO), and earning comparisons to the mega-hit "Grand Theft Auto V."

"Everyone loves 'Grand Theft Auto,' and they just believe that anything Rockstar [Games] can make is going to be a sure-fire hit," Peter Brown, Managing Editor for GameSpot said in an interview on Cheddar.

"The reception so far is very positive, so people are feeling very high about this game and of course about Rockstar and Take-Two Interactive as a result," he said.

The game retails at $59.99 for the standard edition, and comes just weeks after rival Activision Blizzard ($ATVI) released its hit game "Call of Duty: Black Ops 4."

That offering generated more than $500 million in sales worldwide in its first three days of release.

Analysts believe that "Red Dead 2" will bring in sales anywhere between $400 and $600 million in its opening weekend. And as we head into the holiday season, many are betting the game will be a big gift to revenue growth.

But Brown cautioned that it may be too early to predict the same explosive success as its rival.

"'Grand Theft Auto V' is meant to be a bit snarky, a very action-packed game. 'Red Dead Redemption,' on the other hand, is a bit more slow-paced and reflective," he noted. "How people will respond to that is definitely going to be interesting to watch."

For full interview click here.

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