For comparison, The Lord of the Rings trilogy had a production cost of $260 million Analysts expect the game will be a sure hit and estimate that first-year sales alone will account for over $1 billion.
GTA5 will be one of the biggest games ever created, the game promises a realistic city environment that covers around 125 square kilometers. The PS3 and Xbox 360 versions will arrive on September 17, a PC version hasn't been announced yet.
According to reports, it has been suggested that Rockstar has spent about $265 million on the game, a little more than double that of Grand Theft Auto 4, and dwarfing games such as Skyrim, Crysis 3, and Halo 3 in the process. In fact to give you guys a bit more perspective, the budget for GTA 5 has been compared to that of movies, with GTA 5 costing nearly as much as Pirates of the Caribbean 3, and more than movies like Harry Potter 6, and James Cameron’s Avatar. With so much money being spent on developing and marketing the game, will Rockstar be able to recoup their losses? Rockstar’s parent company, Take-Two Interactive, are pretty confident that they will and they are actually expecting to rake in about $1 billion in sales before the year is out.
Source: Uber Gizmo