Analyst: New GTA Won't Make It Out This Fiscal Year
We can all imagine how amazing it would be to see the next Grand Theft Auto drop for the 2011 holiday season.
Yes, we can all imagine it...doesn't mean it's going to happen. In fact, according to Cowen & Company analyst Doug Creutz, the chances of the fifth installment appearing before March 2012 are pretty darn low. No such title was on Take-Two's "games on the horizon" list and right now, Creutz doesn't see GTAV launching in the company's fiscal year- "Our belief that a FY12 release of GTAV is highly unlikely at this point." At the same time, Wedbush Morgan analyst Michael Pachter says the game in question is "well into development:"
"We fully expect the next instalment of Grand Theft Auto to be released by Q4:12 at the latest, as the company's contracts with the three employees most instrumental in the game's development (Les Benzies, Sam and Dan Houser) expire in January 2012. In our view, management would have been irresponsible to enter into a contract with the three without some type of milestone for delivery of the game prior to expiration."
So the jury is still out. For now, both Rockstar and Take-Two remain mute on the subject; they prefer to focus on their new upcoming titles like L.A. Noire, Duke Nukem Forever, and set for the 2012 fiscal year, Bioshock: Infinite. Yes, but...our GTA...where's our GTA...
2/9/2011 10:51:43 AM Ben Dutka