
According to the Official PlayStation Magazine UK, Bioshock is in development for the Sony PlayStation 3 console.
The magazine states many times that the game is in development even though the thought up until now was that the game is going to be an exclusive for the Xbox 360 console.
The magazine mentions that the exclusivity of Bioshock is only a timed-exclusive for Microsoft. This means that the game will be an exclusive on the Xbox 360 but for just a short period of time. It will then be released by 2K Games on all next-generation consoles, meaning the PS3.

The fourth game in the ‘BioShock’ series has been in development for more than a decade
Bioshock is one of my favourites franchises. I love all 3 games and have played each several times. I even have a room in my house that is loosely decorated around the theme of Bioshock (with a Lighthouse, coral models and postcards styled as though they are from both Rapture and Columbus).
And yet I am going to find it extremely difficult to get even remotely excited about any future episode in the series after all the problems this has had in its development cycle.
Leave the franchise alone. Remaster them again if you have to. Then put whatever talent you have to use on something brand new.
It sucks this game is in development hell because I love BioShock and would love a 4th game. I hope it turns out great, but I guess we'll see.
It's been in development hell since 2014. This is nothing new. It saddens me because it's one of my favorite series. At this point, Judas may end up releasing first.
Bioshock 4 (if it ever comes out) will probably still look and play like a Bioshock game, but without Kevin, it might miss that spark that made the originals so special. Honestly, Judas might end up feeling more like the real spiritual successor.

Learn where you can get BioShock Remastered for free and enjoy playing it on your devices, including the Steam Deck.

Console Creatures writes, "The BioShock film at Netflix is still happening but with a reduced budget."
It's 10 years too late for a BioShock film. The world of Rapture would have been perfect for a film. It's actually a good candidate for proper utilization of 3D, for increased depth rather than bullshit popping out of the screen. It could really show off the underwater city that way. But BioShock as a brand is so irrelevant these days that a film just doesn't make sense. Especially considering it would need a big budget and top notch effects to really take advantage of the IP.
Netflix greenlights anything, so that shows me very little faith in the project. Enough to just crap something out as they're, more and more, known to do.
I'll laugh if it turns out to be better then the Borderlands movie
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PlayStation Magazine Says something like this about once a month.
Time exclusive is fair enough. Xbox 360 owners don't mind sharing a game after they already play the heck out of it. Obvlibion being ported to the PS3 didn't hurt the xbox 360 nor the gamers... share away... sharing is good!
Then MGS could also be released on the 360 later and everyone will be happy. Sharing is good, the first time bladestar has said anything I remotely agree with and that seems well thought out. Kudos to you sir.
It's not "could be", but it "WILL be". suckassssssssss!!