Take Two CEO Strauss Zelnick has revealed in an investor’s call that next generation game development on the PS4 and Xbox 720 will be similar in costs compared to current generation consoles i.e. the PlayStation 3 and Xbox 360.

“We don’t have any reason to believe our development budgets will change significantly. If anything we have become group wide much tighter in terms of how we spend our money. We can’t say specifically, but no we don’t expect to see a meaningful change in what it costs us to release these top quality products.”

He also thinks that if next gen consoles do arrive, Take Two will have something extra-ordinary to offer.

“Assuming next-gen consoles are coming and some of us think they are, Take-Two will have extraordinary offerings when it comes,” he said. A current generation game costs around $60 on the PlayStation 3 and Xbox 360. It will be interesting to see how much they will cost on next gen consoles, whose specs are expected to be beefy.

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