The next BioShock is in development, but it remains years away, according to its publisher, Take-Two. At a recent investor meeting, Take-Two revealed several of its upcoming projects and recapped its past year. Mentioned specifically were games such as Grand Theft Auto 5, Red Dead Redemption 2, Borderlands 3, and NBA 2K20. Collectively, these games made up the bulk of the company's nearly one billion dollars in net revenue for its fiscal year 2020, but it also mentioned that BioShock fans will be waiting for years to see the new installment.
Where it highlighted some events of the last quarter, Take-Two mentioned establishing Cloud Chamber, the new studio split between San Francisco and Montreal in its continuing efforts to create the next BioShock, but it also clearly laid out a time table for the game. "In addition, 2K announced that Cloud Chamber has started to work on the next iteration of the globally acclaimed BioShock franchise, which will be in development for the next several years," said the address to investors.
The specifics regarding a time table are interesting given previous reports from Kotaku's Jason Schreier that this fourth BioShock game was long in development already, but was at one point reset when development wasn't progressing the way that was wanted. Take-Two always promised they would continue the franchise even after Irrational Games was broken up and the series' original brain child, Ken Levine, left to create Ghost Games, an indie outfit making its own mystery new game.
There's still been no public reveal of what the next BioShock will look like, and it's anyone's guess given the series' penchant for creating dystopia well above and well below sea level. Outer space? DIstant past? Far-flung future? Your guess is as good as ours for now, and it sounds like we'll all be waiting years to catch any official unveiling.