Take Two Hints at Red Dead Redemption Sequel

Take Two CEO Strauss Zelnick has said he would like to see the company release games in some franchises more frequently "in certain circumstances" and has hinted at a sequel to Rockstar's Red Dead Redemption.

Speaking to investors in a conference call following the release of the company's quarter one financials yesterday Zelnick commented "It's possible that we are going to find that developing for this next-gen will be more efficient, it's possible to find that it [will be] easier to develop for multiple platforms simultaneously [but] it remains to be seen.

"The bulk of our timing of releases though has been driven by making sure that we put out really great titles and making sure that we don't overwhelm audiences and burn out our franchises.

"Our goal is to try to create permanent franchises. That's a unique goal in the industry. Our competitors do not see it that way. Our competitors' view is their franchise has a certain life and at the end of that life you move onto the next thing, so you better make hay while the sun shines. Our view is to the contrary, the best franchises are permanent franchises.

"Outside of business you can look at James Bond, for example. And it's been our goal not just to preserve and grow the Grand Theft Auto franchise, but also to build other franchises that we think can be permanent, whether that's the Red Dead franchise or the Borderlands franchise or the BioShock franchise or others, Civilization for example.

"In certain instances, we'd like to see releases paced a little more closely together. I don't really think next-gen is going to change the production approach sufficiently that that'll be the difference that makes a difference." 

Take Two had revenues of $142 million for the first quarter of financial year 2014 which was better than expected and comes despite the absence of any major releases during the period. 

Source: CVG.