So says an “anonymous source” close to Rockstar…who told Gamespot. Apparently, development is “well underway” – to such a degree that it’s already at a stage where “final touches” such as the mini-games are being implemented.
The game looks to be set in or around a Hollywood-like area and a release during 2012 is “pretty likely”.
There is no official word on the existence of a new GTA, but let’s be honest, it’s pretty likely that it does exist – whether this information is true will remain to be seen.