Take-Two forecasts annual adjusted sales below estimates


FILE PHOTO A promotion for the computer game quotGrand Theft Auto Fivequot is show in a Game Stop gaming story in Encinitas California September 17 2013.     REUTERSMike BlakeFile Photo

FILE PHOTO: A promotion for the computer game "Grand Theft Auto Five" is show in a Game Stop gaming story in Encinitas, California September 17, 2013. REUTERS/Mike Blake/File Photo

(Reuters) - Take-Two Interactive Software Inc forecast its annual adjusted revenue below analysts' expectations on Wednesday, a sign the "Grand Theft Auto" publisher is struggling to draw gamers amid a slow economy.

The videogame publisher is struggling with slowing spending as high inflation tempers discretionary spending. Total U.S. video game sales fell 5% to $4.63 billion in the month of March from a year earlier, according to data from market research firm Circana.

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