Take-Two Interactive, the company behind the much hyped upcoming game Grand Theft Auto: IV has announced that the game will not be hitting stores in late 2007 as planned but instead in early 2008 due to a few delays.
"We owe it to the game's millions of fans, to our dedicated development team, and to our shareholders to make sure that Grand Theft Auto IV is a groundbreaking gaming experience that takes maximum advantage of next generation technology," chairman Strauss Zelnick said in a statement.
Because of the move, Take-Two said they would now post a loss on revenues of about $1 billion instead of breaking even on revenue of about $1.25 billion.
Source:
BetaNews












