JohnnySasaki86
Member
In a note to investors today, Sterne Agee's Arvind Bhatia said the game's recent delay will add to its development costs, but does nothing to blunt its potential success.
Bhatia detailed a "hypothetical profitability model" for GTA V based on an estimated development cost of $137.5 million (representing a team of 250 people working on the project for five years).
At the moment, Bhatia believes GTA V will sell 18 million units in Take-Two's fiscal year, saying it's likely to be the best-selling game of the year. Bhatia suggested it could be second only to the next Call of Duty, which he identified as Call of Duty: Modern Warfare 4.
I didn't see this posted. Lock if old.
To the bolded: His logic here seems flawed. Does he really think there was a costant 250 people on the project for 5 years? They likely didn't hit that amount tell 2 years ago when they went into full production. Regardless I'm not saying GTAV couldn't have a budget in excess of 100M, as GTAIV was said to have a budget of ~$100M.
http://www.gamesindustry.biz/articles/2013-02-01-gta-v-dev-costs-over-USD137-million-says-analyst