'Red Dead Redemption 2' News & Updates: Take-Two Interactive to Announce the Game at E3 Event

"Red Dead Redemption 2" is expected to be unveiled at the Electronic Entertainment Expo (E3) event in June held at the Los Angeles Convention Center in California.

"Red Dead Redemption 2" distributor, Take-Two Interactive, will participate in the E3 event this yea from June 14 to June 16. The company's CEO Strauss Zelnick has confirmed Take-Two Interactive attendance, according to mcvuk.com.

"Red Dead Redemption 2" is anticipated to be one of the biggest announcements at E3 event in June. Zelnick has hinted somehow about the announcement of the "Red Dead Redemption 2" at E3 followed by a release around October this year.

Ecumenical News published a report focusing on more detailed rumored about the game title. Among the speculations presented in the report include the fact that the game will come under the title of "Legends of the West." Other rumors included in the report are talking about customizable features similar to those found in "GTA 5." It is also speculated that "Red Dead Redemption 2" will feature three protagonists and a new multiplayer mode.

In a business presentation in New York last Tuesday, Take-Two Interactive's president Karl Slatoff explained the company's reasons of putting a time gap between popular titles, per Game Spot. Slatoff admitted that this represents a challenge for the company, especially in keeping the investors positive.

However, he explained that this policy is preventing the game titles from experiencing "fatigue." Slatoff added that in the long run, putting a time gap between popular titles has proved to bring advantages and he remained firm in the company's decision.

According to Slatoff, it might be tempting to take advantage of a game franchise as far as you can and continually release new game titles. However, by doing so, other companies in the gaming industry will experience "fatigue" in other franchises. Slatoff added that Take-Two deliberately manages new game title releases in order to create franchise value.