Industry analyst Jesse Divnich (of Electronic Entertainment Design and Research) has predicted that we will see a new iteration of the Grand Theft Auto series at this year’s E3. He notes that it will be a reveal only, as he says “they’ll give you some type of teaser, because we do think that a year from then in 2011 we’re going to see another Grand Theft Auto.”

EDGE have labeled it straight-up as GTA5, but I think we’re more likely to see a Vice City or San Andreas type game- huge improvements, but not the giant leap we’ve seen between the numbered sequels.

Divnich also notes that he doesn’t “foresee Microsoft or Sony attempting to obtain any type of exclusivity with the next Grand Theft Auto… if Sony gets an exclusive deal on GTA V, it would do little to disrupt Microsoft’s ability to move hardware, and vice versa.” This, he says, is because “Microsoft paid a lot of money for exclusivity on the downloadable content for GTA IV, which unfortunately did little to move consoles for Microsoft.”