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'GTA 5' and 'Red Dead Redemption' developer working on PS4 and Xbox One game

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Take-Two Interactive has confirmed that a new video game is being developed at Rockstar Games. According to a report from Digital Spy on May 14, the company behind "GTA 5" and "Red Dead Redemption" has a new project for next-generation systems, which will most likely include the PS4 and Xbox One. The video game is slated to arrive before the end of Take-Two Interactive's current 2015 fiscal period, which is on March 31 of next year.

According to The Guardian, the video appears to be a smaller project since Rockstar Games usually spend months in advance hyping up software releases with multiple trailers and hands-on impressions. The company has already been rumored to be releasing "GTA 5" for the PS4 and Xbox One, along with the PC platform, in the near future. The existences of all three potential ports have been listed by multiple retailers.

The next-generation console iterations of "GTA 5" should help Rockstar Games establish a group of fans on the PS4 and Xbox One. The two systems have combined to sell approximately more than 12 million units with Sony's console having an healthy early lead over Microsoft's platform. 32.5 million copies of the game were already sold on the PS3 and Xbox 360, both of platforms have an install base of approximately 160 million players combined. A screen showing "GTA 5" on the two current-generation consoles from the official Xbox Facebook website can be seen near the top of this article.

Aside from the "GTA" series, Rockstar Games also found huge financial success with the release of "Red Dead Redemption." The company recently teased plans about establishing a new franchise based on the Wild West game. Along with a potential sequel, a PC port of the first game is also rumored to be in production.

Another possibility is "Agent," a PS3 exclusive video game by Sony Computer Entertainment that was announced at E3 2009. The action-adventure title was set in the Cold War era and feature a story based on espionage and politics. The new intellectual property has disappeared from the spotlight over the years, however, with several Sony Computer Entertainment executives admitting that they do not know if it is still exclusive to the current-generation console.

One last rumored release is a sequel to "Bully," a video game that came out in 2006. Although it is not nearly as popular as "GTA 5" and "Red Dead Redemption," the underrated title did developed a cult following. A trademark was filed late last year for "Bully Bullworth Academy: Canis Canem Edit," which was the European title for the software product.

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