Friday, August 3rd 2007
Due to technological challenges in completing the game, Take-Two Interactive Software Inc on Thursday delayed its most important upcoming video game, Grand Theft Auto IV. The game, which had been scheduled for release in October, is now planned for release in the second quarter of Take-Two's fiscal 2008. That means it will not be on store shelves in time for the holidays, dealing a blow to Microsoft Corp and Sony Corp, who had been banking on the must-have title to help lift sales of their respective gaming consoles, the Xbox 360 and the PlayStation 3.
It's a disappointment that the game won't come out in the holiday period. It's one of the biggest games of all time,said Janco Partners from Take-Two.Source: Reuters