According to this Times interview with Rockstar North president Leslie Benzies, GTA IV may be the most expensive game production of all time.
“It’s like making a theatre production, a few movies and an album all to fit into one package,” he says. He hasn’t a clue how much GTA IV has cost to make but hazards a guess at $100m. About 1,000 people have had a hand in developing it. The perfectionism Houser and Benzies demand of their teams is astonishing.
If true, that means the game was more expensice to create than Yu Suzuki’s Dreamcast opus Shenmue, which rolled in at a hilarious $70 million.
This is the second piece the Times has done on the Benzies interview: you can find the first one here.