A Red Dead Redemption sequel is reportedly in the works, according to market analysts Baird Equity Research. Don’t forget that pinch of salt before you continue reading.
It’s currently unknown what Take Two and Rockstar are working on next after the huge success of GTA V, but if they’re to meet the guidelines that they’ve issued to shareholders for 2014 they’re going to need to release a sequel in a strong franchise…
Colin Sebastian of Baird Equity Research said “Take Two continues to produce some of the highest-quality console and PC games, which we believe should transition well on next-gen platforms.” He continued; “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/online revenues, which should help improve gross margins and add visibility to growth.”
“We expect a 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.”
So there we have it, Take Two reportedly must have something big up its sleeves if they’re going to want to hit financial targets, but do you think a new Red Dead is the solution?
If Rockstar are indeed working on a new Red Dead, do you think this new version will finally make it to PC?
Let us know!