Feel free to link this every time a rumor about Red Dead comes up and people are surprised.
Source: http://www.gamespot.com/articles/an...-dead-redemption-2-is-happening/1100-6419966/GameSpot said:"The risk of just [releasing more games] is that you end up just bulking up your release schedule and that isn't really what consumers want. Consumers want better, not more," Zelnick said. "So our selective approach, which we've taken since '07 I think has paid off. Now, we have gotten more by taking that approach; we've launched one new successful franchise every year and I would like to keep doing that particularly because I talk about permanent franchises, but not everything is going to be a permanent franchise. Some of our great franchises eventually will lose their luster and some will hopefully be permanent."
"I pretty much know the ones that I can assure you are permanent. It's obvious that GTA is a permanent franchise as long as we keep delivering this incredible quality; it seems quite obvious that Red Dead is a permanent franchise, again with the same caveat, or Borderlands, for example, and NBA and others," Zelnick added. "But not everything is going to be a permanent franchise. We can do very well even if it's not. I would like to see us grow with a couple more great franchises in the next couple years and we're launching Evolve; we have very high hopes for that."
This is actually the second time Zelnick has referred to Red Dead Redemption as a "permanent" franchise, following comments from July 2013. Also during the presentation, Zelnick said Take-Two has an enviable track record of quality, though he did acknowledge that the company has made poor bets before--like 2011's Duke Nukem Forever.