Rockstar is planning to launch a sequel to 2010's Red Dead Redemption this year according to a report by Baird Equity Research seen by VG24/7.
Analyst Colin Sebastian commented in the firm's 2014 Video Game Industry Predictions and Q4 Results Preview that:
“Take Two continues to produce some of the highest-quality console and PC games, which we believe should transition well on next-gen platforms.
“We expect product announcements over the next year such as extending GTA V to other platforms (e.g., PC, next-gen consoles), the next Red Dead, etc., to help improve revenue and earnings visibility. In addition, the company has significant potential to grow digital/onnline revenues, which should help improve gross margins and add visibility to growth.”
Sebastian also stated that Baird expects Grand Theft Auto 5 so be released for PC. The company believes, in particular, that a PC version of the game is likely. .
“We expect PC version of GTA V in 2014. Recently, Amazon.com posted a product listing for a PC-version of the company’s blockbuster franchise Grand Theft Auto V (GTA). While a PC version would not be a big surprise, this indirect confirmation of the game helps to provide some added visibility to consensus F2015 (Mar) estimates.
“In fact, we have previously published that GTA-extensions are in the development pipeline, and likely needed for the company to hit FY targets. We also believe the next Red Dead game is in the works potentially for a 2014 launch.”
Last July, Take Two CEO Strauss Zelnick said he sees Red Dead Redemption as a "permanent franchise."
