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Grand Theft Auto titles do not need to be annualized said Take-Two during its Q4 fiscal call to investors.

According to Take-Two, GTA is a strong enough franchise that it does not need a new release annually, especially with the completion of the GTA IV story through DLC proving to remain profitable.

Guess GTA V will be landing sometime in 2011, then.

http://www.vg247.com/2009/12/03/gta-does-not-need-to-be-an-annual-franchise/