'Grand Theft Auto VI' release date rumors: New installment to come out in 2020?

Ever since the fifth installment of the popular open world action-adventure video game series, Grand Theft Auto, was released almost three years ago, fans have been eagerly waiting for another sequel to come out. "Grand Theft Auto VI" has been a favorite subject of numerous rumors and speculations all over the internet for the last couple of years. Now, new reports suggest that the highly anticipated game could be launched in 2020.

According to a report by N4BB, game developer Rockstar Games and its parent company Take-Two Interactive is planning to launch the next "Grand Theft Auto" title in time for Sony's and Microsoft's next generation gaming console. Although not confirmed, it has already been reported that the two major console makers are going to launch their new system anytime soon – PlayStation Neo for Sony and Project Scorpio for Xbox.

The upcoming game has never been short of rumors and speculations and one of which is the idea to bring the game outside of the U.S. According to reports, Rockstar Games is said to be planning to bring "Grand Theft Auto VI" to other major cities in the world such as Tokyo in Japan and Bogota in Colombia. However, these reports have yet to be confirmed by the company.

Meanwhile, the president of Take-Two Interactive Karl Slatoff revealed in an interview why the company has not released titles after titles of "Grand Theft Auto," considering its remarkable popularity all over the world.

"It's tempting to have continuous releases and milk a franchise as far as you can, [but] we've seen that fatigue in other franchises in the games industry," Slatoff explained. "With almost every single franchise for us, the latest release is bigger than the one before."

Slatoff added that the company's focus is to provide quality content to its fans rather than releasing several games a year.

"We don't intend to change annual strategy because of product fatigue. [Take-Two] creates franchise value and [releases have] to be managed deliberately."