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GTA IV sold well, no doubt about it, but the question is have it sold enough?, R* had extremely big budget, advertising budget etc. etc. people who made this money available for them expected not to break even but to make great profits like SA did for example. Remember this is the biggest franchise possesed by Take2 and they put all their faith behind it if they want to earn big money.

They have to release some kind of GTA on the Wii if they want to make big money this gen, they cant ignore the best selling console, and sooner or later we will see GTA Wii.