Now that the entirety of Bethesda is soon going to be part of Microsoft (the acquisition process is not done yet), Obsidian will no longer have any limitations about going back to Fallout: New Vegas.
It’s been more than ten years since Fallout: New Vegas was released. It wasn’t developed by Bethesda Game Studios (where Todd Howard is working), but Obsidian Entertainment. After it, the studio did not get a chance to continue, so it created the non-Fallout The Outer Worlds, while Microsoft bought Obsidian altogether, making it part of Xbox Game Studios. Now, Bethesda (or, to be exact, its owner Zenimax) is going to join the fray shortly, so both companies will be under the same umbrella, allowing Obsidian to return to the Fallout IP.
Tyler McVicker, who has leaked reliable information before under the Valve News Network brand, has widened his scope, so he doesn’t focus on Gabe Newell’s company anymore. He looks at Nintendo and Bethesda as well to name a few. In the YouTube rebranding video, he talked about how Fallout: New Vegas 2 is in development, and he clarified it on Twitter, mentioning the other Bethesda RPGs as well (regardless where).
„I expect Fallout: New Vegas 2 in the latter half of this decade. I expect The Elder Scrolls VI in 2026-7. I expect anything close to a Fallout 5 in the 2030s. Starfield is next, and even that needs another year or two,” he wrote. So Starfield might launch in 2022 or even 2023, and by that point, a PlayStation 5 version could be unlikely.
Nothing is official, though, so take it all with a grain of salt. However, if Fallout: New Vegas 2 is indeed planned, it could fix the reputation of the series, as after Fallout 4, Fallout 76 has mostly tarnished it.