In December GT Interactive debuted on the NASDAQ stock exchange under the stock symbol GTIS. GT Interactive signed an exclusive software supplier agreement with Walmart, that meant according to UBS Securities analyst Michael Wallace: 'All software developers have to deal with GT if they want to sell in a Walmart.'

GT Interactive began to set up displays at Kmart and Walmart for low cost software. In February GT Interactive obtained the publishing rights to games based on Mercer Mayer property, which included Little Critter and Little Monster. GT Interactive's partnership with id Software scored another hit with Doom II: Hell on Earth, which was released in October and sold over 2 million copies.

GT Interactive revenue soared 880% and reached $101 million in its second year of existence, with profits reaching $18 million. GT was unique among many publishers as they allowed developers they contracted to retain their Intellectual Property. In its first year, revenue reached $10.3 million. That same year the publisher saw the release of their first shareware title, the hugely popular Doom. was founded in February 1993 as a division of GoodTimes Home Video, a video-tape distributor owned by the Cayre family, with Ron Chaimowitz as co-founder and president. GT Interactive logo 1993: Founding of GT Interactive

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