Today, Rockstar games confirmed the existence of GTA V through a tweet that simply read "#GTAV", with a link to the developer's main web page. That page has been temporarily replaced with a single image: the logo for Grand Theft Auto V, along with a promise of a first trailer on November 2.
The latest rumours surrounding the long-expected GTA V swirled in June, when development was said to be "well under way" by a Rockstar source. The source also indicated that a 2012 release was very likely for the title.
No official details about characters, setting, or platforms have yet been made, but various casting calls linked to Rockstar had suggested that a return to the fictional city of San Andreas and its environs were likely. Wedbush Morgan's Michael Pachter--who initially stated he expected the game to be out by the end of 2010--has estimated GTAV's development costs had passed $80 million, and that it would sell in excess of 18 million units.
Wherever the next GTA is set, it will have some big shoes to fill. Its predecessor, Grand Theft Auto IV, was a massive success for Rockstar and Take-Two. As of March 2011, the game had sold nearly 20 million copies, placing it among the top-selling games of all time. Its forebear, Grand Theft Auto: San Andreas, sold more than 12 million units globally.
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