Wedbush Morgan analyst Michael Pachter has said Take-Two management has confirmed to him that the next instalment of Grand Theft Auto is in development, and has been for over a year.
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Speaking during an a conference call with investors, Take-Two Chief Executive Officer has hinted that further DLC is on the way
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GOONL!NE: Miyamoto and the Houser brothers better be hiding under the desk, Fumito Ueda is coming for them and their games.
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Published in Japan by Capcom, the game is set to drop its Recommended Retail Price to 3,900 Yen, approximately £24, on August 27th, 2009. There's no word about a drop in price for the Xbox 360 release currently, but with the game performing far better on Sony's console – outstripping many of Sony's own first-party PS3 releases – it comes as little surprise that this version remains a priority in the East.
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PS3 Informer writes:

"A source close to Rockstar has confirmed to us that the development studio will be releasing two additional dowloadable content packs for Grand Theft Auto IV, that both of them will be coming to the Playstation 3 and Xbox 360, and that one of them will focus on the Irish families that Nico helped in the first episode. This confirms earlier rumors circulating around E3 that Rockstar was planning to release a DLC episode called Blood and a Four Leaf Clover."
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Take-Two and Rockstar are expected to release two brand new downloadable episodes for Grand Theft Auto IV in fiscal 2010, and release GTA V the following financial year.

That's according to analyst Todd Mitchell, who told GamesIndustry.biz that following the release of Xbox 360 exclusives The Lost and the Damned and The Ballad of Gay Tony, two all-new episodes are due – possibly across both the Xbox 360 and PlayStation 3 platforms.
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Proof that in a world as big as Grand Theft Auto IV's you can play it for months and never see all the game has to offer: apparently there's a "recipe" for the production of methamphetamines hidden somewhere in the game.
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Console Monster writes: "Today's Xbox Live Arcade Wednesday has proved to be one of the best yet with six new releases with one thing in common, they were published by SEGA. There's also a demo for a title I can't say I've heard of and some new themes. Here is the full Xbox Live Marketplace update for Wednesday 10th June 2009:

Full Game – Altered Beast
Price: 400 Microsoft Points
Size: 16 MB
When Zeus, the legendary Greek God, brings you back to life, you set forth on a mission to rescue his daughter Athena from the underworld. Along the way, collect the Spirit Balls dropped by enemies to increase your strength and transform into a variety of mythical creatures with powerful attacks. This game requires the Xbox 360 hard drive or the 512MB Memory Unit for storage. There are no refunds for this item. For more information, see www.xbox.com/live/accounts..."
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It's that time of year again when our favourite games are pitted against each other in a bitter struggle for gamers' love, admiration and little golden trophies. Yep, the voting for the 27th Golden Joystick awards is open. With the shortlists just announced, you've now got the chance to have your say on what games should be grabbing the gongs.Think Grand Theft Auto: Chinatown Wars should steal the award for Best Handheld Game ... » Read More

Rockstar Games has announced the fall release of both the second episode of Grand Theft Auto: The Ballad of Gay Tony and Grand Theft Auto: Episodes from Liberty City, which will include both episode one The Lost and Damned, and episode two The Ballad of Gay Tony together on a single disc for the Xbox360.
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Jamie King and Gary Foreman, co-founders of Rockstar Games famed for the Grand Theft Auto franchise, have announced the forming 4mm Games, a gaming venture that will utilize the web to introduce new properties before they make their way onto mobile and console platforms.
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From XE:

"Hot on the heals of ATARI pulling out of E3, Xbox Evolved came across some information that previously seemed to have been overlooked about Grand Theft Auto developer Rockstar Games. Sorry guys no GTAV this E3."
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GT Writes: Gamers, get ready to VOICE your CHOICE! We've rounded up your favorites and are going mano e mano - gamer style. Now, it's your turn to sound off in GT Gamers Choice 2009! Cast your votes now through June 21st and remember to check out Spike's Guys Choice for all that's important to men everywhere.
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GOONL!NE: Want more info on Grand Theft Auto IV: Episode Two soon? You'll get it, according to Rockstar's official Twitter.
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Game Of Honor: "JokerElite" has sent an email to Rockstar Games regarding the rumors surrounding "Grand Theft Auto IV" and if they were true. You would be suprised.
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31 studios from across Europe feature in the list - 26 of them in the UK. These include the likes of Rockstar North (third on the list and responsible for the Grand Theft Auto franchise), LEGO Star Wars developer Traveller's Tales (11th) and Media Molecule (18th), the developer of LittleBigPlanet - and the highest placed independent UK studio on the list.
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NextGen Player writes:

"Canada is about to get a sweet new exclusive Xbox 360 Elite Console bundle featuring the blockbuster mega hit GTA IV. This bundle package will be available the week of May 2, 2009 and will only be available in Canada."
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Kotaku: Happy birthday, Grand Theft Auto IV. You're one year old today. Microsoft got you an Xbox 360 Elite "Limited Anniversary Edition" bundle to promote the occasion.
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Kotaku: Microsoft looks like it may be prepping another Xbox 360 Elite bundle for later this year, according to retail sources, bundling its higher-end console with Rockstar Games' Grand Theft Auto IV.
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GTA V announced via Twitter? New Gran Turismo 5 info? An HD Zune coming?
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