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Take-Two: GTA IV out 'when it's done'

"We'll give you the firm release date when we know we can stick to it", says Take-Two boss

Take-Two has refused to offer even an estimated release for the highly-anticipated GTA IV, leading to speculation the game's already delayed release could slip again.

During a presentation at yesterday's 2007 BMO Capital Markets conference, Take-Two Interactive Chairman Strauss Zelnick said about the game's release: "I think given that we obviously weren't able to stick to our firm date the last time, we're going to give the firm date when we're utterly convinced that we have it, and that isn't right now."

And he remained optimistic about the game's success, despite the failure to launch in time for Christmas. "We do feel that the title's being developed so that it's going to be fantastic, we know that it's highly anticipated. I think there was a concern initially when we slipped that we sort of missed the boat in terms of Christmas and I think that concern's been alleviated.

"I think most people say hardware penetration's' going to grow over Christmas and because this is a must-have title, it's probably okay that we're not selling it over the Christmas season."

He went on to conclude, "I think we're going to put out a high-quality title. We're not in the business of disappointing investors ... we'll give you the firm release date when we know we can stick to it."

Fingers crossed, we'll have it some time before 2010.

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