Take-Two CEO Squashes GTA V Next-Gen Rumors

by Matt Helgeson on Feb 06, 2013 at 06:38 AM

During a financial call with reporters and investors, Take-Two CEO Strauss Zelnick talked about the company's next-gen plan, which currently does not include a next-gen version of Grand Theft Auto V.

According to Gamasutra, Zelnick said that the company has an "extensive pipeline of unannounced titles."

He also said that the company doesn't feel that the budgets for its games will skyrocket in the next generation of consoles, and that all its upcoming projects will meet four requirements: "strong owned intellectual property, strong creative teams in-house, strong technology, and a strong balance sheet."

When asked about possible dual launch Grand Theft Auto V for next-gen consoles and current consoles in September, he replied, "There is not one gamer who is going to sit out of GTA V hoping that something that is going to come along down the road that's better. It's going to blow everyone away, and it's going to be in the market in September."