Speaking to GI.biz, Kaufman Bros analyst Todd Mitchell has revealed that he expects to launch two new episodes for IV in 2010, before GTA V arrives in 2011.

The expert also sees a new GTA title being released for the in the year ahead.

"I would expect that there would be two more pieces of downloadable content for GTA IV, thats what has been indicated to me, although formats are unsure," Mitchell explained. "It's been indicated to me that would be the case.

"Coming out of E3 there was no commitment to a new Grand Theft Auto, and I think that's because of Rockstars track record with delivering on time."

The analyst admits he isn't sure about the new PS2 title - although he notes that PS2 and releases have often been shared in the past, making Chinatown Wars a PS2 possibility.

Mitchell also notes that through games like Agent, 2 and are moving away from being all about GTA, becoming a "proper company", as he puts it. More soon.

By Luke Guttridge