Gearbox working on two nextgen new IP
At PAX Prime this past weekend, Borderlands series developer Gearbox Software revealed that it is working on two new franchises for the Xbox One and PlayStation 4.

"A lot of people know that there are new consoles coming," Gearbox CEO Randy Pitchford explained. "Gearbox is in development on a couple of original things -- new IPs -- that we'll announce later." An archived stream of Pitchford's announcement starts at 5:22:34 here.

Last year, Gearbox revealed that it had significantly reworked its in-progress shooter Brothers in Arms: Furious 4, announcing plans to "evolve" the game into a new franchise. It was not clear if the reworked Furious 4 was among the two next-gen games Pitchford teased.

Gearbox will provide closed beta access to an unannounced game as part of its upcoming Community Day event.

This article was originally published on Joystiq.