Take-Two Interactive Software 
hasn’t formally announced the next installment of the massive Grand Theft Auto franchise, but it’s the industry’s worst kept secret.
Most industry analysts expect it to be unveiled (and released) next year – and the oddsmaking has started on exactly how big it will be. Right now, the most conservative guesses put the number just below the worldwide grosses of Titanic.
L.A. Noire may be a video game, but it 
sure does have its toes in a lot of ponds.
One week after being showcased at the Tribeca Film Festival, the game is exploring the literary world, gathering a collection of noted crime novelists to contribute short stories set in the game’s universe for an eBook that will come out next month.
[In this Gamasutra editorial, editor-at-large Chris Morris looks at Rockstar’s 
Red Dead Redemption and its much-delayed development cycle, examining whether taking your time in completing development on your game makes creative and business sense.]
Before Red Dead Redemption became the year’s best-selling console title to date (and an earnings savior), Take-Two Interactive Software took a lot of heat over the game’s five-year development span.
To be fair, it seemed legitimate at the time. Take-Two (and especially its Rockstar division) has never been the speediest of companies when it comes to getting games on store shelves.
Another big title by Rockstar Games could be arriving 
at retail later than expected.
Sterne Agee analyst Arvind Bhatia, in a note to investors today, said it appears Take-Two Interactive Software has pushed “L.A. Noire” back from the fourth quarter of this year to early next year. (Retail site GameStop, which has a so-so history of accuracy on predicting release dates, currently says the game will be available on Feb. 1, 2011.)
Chris Morris: Journalist 