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Saturday, June 2, 2007

Could the mighty Halo 3 delay the release of GTA IV?

Now we all know how big the Halo franchise is, but is it big enough to delay the release of GTA IV? it's possible, according to Wedbush Morgan Securities' Michael Pachter.

"We believe that it is possible that the company will choose to 'throw in the towel' on [its 2007 financial year] by shifting the release date for Grand Theft Auto IV by a few weeks, increasing the losses incurred this year and improving the company's prospects for FY:08." Take-Two's financial year ends on October 31, 2007.

Pachter gave another rationale for a GTA IV delay: namely, that moving it to early November would put more space between GTA IV and Halo 3, which is arriving September 25. "We believe that a two-week delay would provide a reasonable gap between the launch of Halo 3 and the launch of GTA IV, and would actually help sales of both games,"

You can read the rest of the article here!!

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