In an article in the Financial Review, film maker George Miller revealed he has acquired the rights to the new project, titled Whore of the Orient. The phrase whore of the Orient, Paris of the East has been used to describe the city of Shanghai, the largest city in China.
Team Bondi founder McNamara teased the new game earlier this month, describing it as one of the great untold stories of the twentieth century but giving no further details. Weve contacted KMM Interactive but are yet to receive comment.
According to co-founder Doug Mitchell, Kennedy Miller Mitchell Interactive is staffed by not only the Krome team but Team Bondis last standing warriors, snapped up when both studios shuttered.
With the governments support we can immediately go forward with two games, Mitchell said. Its not immediately obvious but the potential in the video games sector is massive. Just from the statistics people are showing me, its a $60 billion industry fast-tracking towards $90 billion.
Films are very expensive, so studios are making drastically fewer of them. Theyll make ten films where they used to make 20. So, instead, people are drifting to game acquisition because of the budgets. The cost of a film may be $170 million twice that to market it whereas the basic cost of making a game might be 10% of that.
Look at LA Noire, they sold about 3 million units in a week, about $US135 million ($130 million) net revenue, off a cost base which was infinitely lower than even your average low-budget film.
I must add some comment here but I'll go with "lol".
read the full report, there is much more
http://www.vg247.com/2011/11/28/report-l-a-noire-creators-next-game-is-whore-of-the-orient/
also their source - http://www.afr.com/p/george_miller_new_script_q1wYu1EFjLM0cyZa4s97fI