150 developers working on GTAIV

According to analyst Mike Hickey of Janco Partners, Take-Two Interactive has about 150 developers working on the next gen Grand Theft Auto.

"Rockstar Games is fully capable of ushering in an entertainment experience categorically superior to the prior cycle’s GTA product," Hickery stated.

Although details are slim on GTAIV, we do know that both the PS3 and Xbox 360 versions plan to ship on October 16th, 2007. It will also have episodic content available on Xbox Live and PS Store.

-James