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Mafia II and Red Dead Redemption delayed to fiscal year 2010

Mafia II and Red Dead Redemption delayed to fiscal year 2010

Take Two has advise its shareholders of two big delays that will impact their earnings for the rest of the financial year. The upcoming Mafia II and Red Dead Redemption have both been delayed “to allow additional development time for the titles and to maximize their full potential in terms of the quality of the player experience and market performance.” In Lehman’s terms, the development teams needed a bit more time to get there games AAA caliber ready or so they hope so.

The two titles are now planned for the first half of fiscal 2010, which spans November 2009 to April 2010. This means either of these games can still make the all-important holiday shopping season and trust us Take Two need to do well that Holiday season. They lost a manageable 10.1 million this quarter, but it is still a loss. Even without  the mega titles of Mafia and Red Dead Redemption, Take Two still has a relatively strong lineup with BioShock 2The Ballad of Gay Tony (GTA IV DLC), and Borderlands.  But then again other publishers like Activision have even a stronger line up, Modern Warfare 2 anyone?

 

take two logo 5-26-09

[Via Joystiq]

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