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This April will mark three years since the last numbered release in the Grand Theft Auto series. That's an unusually long time for the franchise, but Wedbush Morgan analyst Michael Pachter believes the wait for the next GTA game is almost over -- according to him, there's a very good chance we'll see it this year.
During a presentation of its third quarter fiscal results yesterday, Take-Two declined to offer up any release window for the inevitable follow-up to Grand Theft Auto IV. However, Pachter speculates that a release sometime prior to January 2012 makes a lot of sense. Why January? That's when the contracts for several key individuals at Rockstar expire -- namely, the Houser brothers Sam and Dan, as well as Leslie Benzies. The Housers have been an intricate part of the GTA series for years and the duo was even named to the 2009 Time 100 list.
"It seems rational to us that Take-Two management would have entered into the three-year contract only if there was some required delivery of GTA," Pachter suggested. "Equally, it makes sense that the three key employees would be motivated to deliver a GTA title before the expiration of their contract, in order to gain negotiating leverage for the next contract."
Following the release of Grand Theft Auto III in 2001, Vice City was out in 2002, followed two years later by San Andreas in 2004. There were also the two spin-offs for the PSP, Liberty City Stories (2005) and Vice City Stories (2006) which eventually came to PS2. Compare that with the last several years of GTA releases and you'll see a noticeable difference -- Grand Theft Auto IV was out in 2008, and since then we've only seen its two expansion packs and the handheld Chinatown Wars.
It would be commendable if Rockstar and Take-Two were simply attempting to avoid running the franchise into the ground (it'd be pretty smart, too, in light of what's reportedly happened to Guitar Hero). Or maybe Rockstar has been working on a fully-fledged sequel -- GTA 5 -- as opposed to the vice City/San Andreas-style sequel.
Pachter also stated that the lack of any real news on the Rockstar-published Max Payne 3 during Take-Two's financial report means the game is on the "back burner," thereby freeing up development resources to finish GTA5. If the next GTA really is going to be coming before those contracts expire in January 2012, it shouldn't be long before we hear about it -- perhaps even at this year's E3 in June.
http://www.1up.com/news/grand-theft-auto-5-release-date-11-analyst
During a presentation of its third quarter fiscal results yesterday, Take-Two declined to offer up any release window for the inevitable follow-up to Grand Theft Auto IV. However, Pachter speculates that a release sometime prior to January 2012 makes a lot of sense. Why January? That's when the contracts for several key individuals at Rockstar expire -- namely, the Houser brothers Sam and Dan, as well as Leslie Benzies. The Housers have been an intricate part of the GTA series for years and the duo was even named to the 2009 Time 100 list.
"It seems rational to us that Take-Two management would have entered into the three-year contract only if there was some required delivery of GTA," Pachter suggested. "Equally, it makes sense that the three key employees would be motivated to deliver a GTA title before the expiration of their contract, in order to gain negotiating leverage for the next contract."
Following the release of Grand Theft Auto III in 2001, Vice City was out in 2002, followed two years later by San Andreas in 2004. There were also the two spin-offs for the PSP, Liberty City Stories (2005) and Vice City Stories (2006) which eventually came to PS2. Compare that with the last several years of GTA releases and you'll see a noticeable difference -- Grand Theft Auto IV was out in 2008, and since then we've only seen its two expansion packs and the handheld Chinatown Wars.
It would be commendable if Rockstar and Take-Two were simply attempting to avoid running the franchise into the ground (it'd be pretty smart, too, in light of what's reportedly happened to Guitar Hero). Or maybe Rockstar has been working on a fully-fledged sequel -- GTA 5 -- as opposed to the vice City/San Andreas-style sequel.
Pachter also stated that the lack of any real news on the Rockstar-published Max Payne 3 during Take-Two's financial report means the game is on the "back burner," thereby freeing up development resources to finish GTA5. If the next GTA really is going to be coming before those contracts expire in January 2012, it shouldn't be long before we hear about it -- perhaps even at this year's E3 in June.
http://www.1up.com/news/grand-theft-auto-5-release-date-11-analyst