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Grand Theft Auto IV delayed until spring 2008
- August 02, 2007 16:14 PM PST
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Take-Two announced on Thursday that GTA4 for PS3 and Xbox 360 would be delayed until April 2008 at the earliest due to requiring additional development time. As a result, company shares (not to mention gamer hopes) dropped 13 percent on the news.
No GTA4 until sometime next year
"Certain elements of development proved to be more time-intensive than expected, especially given the commitment for a simultaneous release on two very different platforms," said Take-Two chairman Strauss Zelnick.
"We are very disappointed to reduce guidance after having previously reaffirmed it," added chief executive Ben Feder in a statement to investors.
The game, originally scheduled for release in October, will miss out on big holiday sales, likely dealing a blow to both Microsoft and Sony in the process as Grand Theft Auto IV was expected to be one of year's biggest selling games.
Even with the delay, GamePro is still excited about GTA IV. See our top 9 reasons why here!