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BioShock 4 remains in development.

BioShock came up while Take-Two CEO Strauss Zelnick was discussing the company’s interest in reviving familiar franchises. He confirmed that work on the next game is still underway and said he feels “very good” about where the series is headed. A separate report says Take-Two is satisfied with the project’s current progress, despite the challenges it has faced and earlier management changes at Cloud Chamber.

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Coverage started Yesterday