Rockstar Games is unlikely to release the much-requested Red Dead Redemption 2 anytime soon, with the industry giant instead focusing on new IP, says Wedbush Morgan analyst, Michael Pachter.
The outspoken analyst feels Rockstar is more likely to release new instalments in the Midnight Club or Manhunt franchises before a new Red Dead or Bully game.
“I don’t think the sequel to Red Dead Redemption is the next Rockstar game. Remember when I said there was some new IP that they’ve been working on since at least ‘09? I think that comes before Red Dead Revolution. I think a sequel to Midnight Club comes before Red Dead Revolution, and it wouldn’t shock me if a sequel to Manhunt came before Bully or Red Dead.
I think Rockstar has a really amazing number of great games and great IPs, and I don’t think that Rockstar are motivated by money. I think Rockstar are motivated by high quality game experiences. And I don’t think that they’re willing to abandon those other brands in order to generate higher sales for their parent company. I think that they want to keep all those brands alive. So I think before Red Dead Revolution you will get Midnight Club sequel and a new IP.”
And remember, Rockstar has launched a game every single year since 2001, if you count Grand Theft Auto V on next gen as a game. I don’t know if we should count Grand Theft Auto V as a game or not on next gen. Otherwise they’ve missed one. They’re working on a lot of projects, they get one game a year out.”
Pachter believes that Red Dead Redemption 2 (or whatever the title may end up being called) is likely to be announced well ahead of release, and that Rockstar’s new IP will be unveiled this year, possibly in May.
“There is no chance that they would have gotten into February of ‘15 without announcing the next Red Dead. I mean, they announced the next Grand Theft Auto on November 1st, 2011. Remember? And it came out on September 17th, 2013, so almost two years later. I think you’ll hear about Red Dead at least a year ahead of time. So if you hear about it this summer, it’s coming out next year. Maybe. But we haven’t heard about it yet. I think they could get away with not announcing Midnight Club, or Bully, on Manhunt 3 or whatever until E3, and I frankly think that the reason we haven’t heard about the new IP is because it’s a new IP.”
I think that the brand new IP that Rockstar has been working on since ‘09 will be announced this year. Rockstar tends to not go to E3, so they’ll probably have their own event in May or something. Knowing them, they’ll probably have it during E3 in another city just to draw attention. But I think it’s a new IP this year. I don’t think it’s Red Dead, so no, I think that’s naive of people to believe that the Rockstar are going to follow the success of GTA V with more GTA.”
Red Dead Redemption 2 has yet to be officially announced, although publisher Take-Two has continually touched on the possiblity of a follow-up to its critically acclaimed 2010 Wild West outing.
The company recently teased it has ‘unannounced titles in development,’ fueling speculation that this could pertain to a Red Dead sequel.