[UPDATE] Rockstar has since confirmed via its official Twitter page that L.A. Noire is indeed in development for the Xbox 360 and PlayStation 3. However, the September launch window in Game Informer appeared to be overly specific, as the company would only say that "L.A. Noire is coming this fall." The original story is below.
"Brendan and I have known each other for a long time, and to finally have the opportunity to work together on a game is exciting," said Sam Houser, Founder of Rockstar Games. "The longstanding mutual respect and the combined experience between the two of us make this a great partnership," added Brendan McNamara, CEO of Team Bondi.
L.A. Noire is a next-generation title and will be published by Rockstar Games. The official trailer will be released October 5th at www.rockstargames.com/lanoire.
L.A. Noire is set in "a perfectly re-created Los Angeles" of the late 1940s, with players being given an "open-ended challenge" to solve a series of murders. The postwar setting will include the noir necessity of corruption with optional accoutrements drugs and jazz thrown in for good measure.
@apujanata, Tom Crago, the CEO of Tantalus and the president of the Game Developers' Association of Australia is responsible for this information. I guess he just knows the figures for how large this budget is and the figures for the other largest budgeted games in the world.
He definitely knows GTA IV's budget. Thus, if he is making this claim then it's pretty certain that this game is around GTA IV's budget, if not higher already.
He provided this info during an overview of the Australian game development industry at GC Asia 2008.
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