Take-Two share prices fall after GTA 5 delay

Down 12 per cent.

Posted By | On 01st, Feb. 2013

gta 5 screenshot 10

Rockstar finally confirmed the release date for the highly anticipated upcoming title, Grand Theft Auto V yesterday, and while they had previously announced that the game would release in Spring of 2013, it has now been confirmed that GTA 5 will release on September 17 this year.

Rockstar said that the game is being delayed to ensure better quality of the product, which is always better for us players.

The delay of the release date, however, has affected Take-Two Interactive somewhat negatively, being the owners of the franchise and Rockstar itself. Take Two Interactive’s share prices fell 12 per cent after the announcement that GTA 5 would release later than what was originally planned.

In factm even the share prices for GameStop have fallen 2.9 per cent. This just makes it pretty clear that GTA 5 is going to have a pretty big impact- at least commercially- on the industry when it releases.

[Gamasutra]


Amazing Articles You Might Want To Check Out!

Keep On Reading!

New Metro Game Expected to be Announced Next Week – Rumor

New Metro Game Expected to be Announced Next Week – Rumor

4A Games could finally reveal more details about the franchise's next mainline title, which was confirmed to b...

PS6 Won’t Cost $1,000, Will Likely Cost Between $600 and $800 – Rumor

PS6 Won’t Cost $1,000, Will Likely Cost Between $600 and $800 – Rumor

In a new video, Moore's Law is Dead has discussed the bill of materials for the PS6 hardware, and compared it ...

Cthulhu: The Cosmic Abyss Director Outlines Everything You Should Know Before Diving In

Cthulhu: The Cosmic Abyss Director Outlines Everything You Should Know Before Diving In

Director Tommaso Sergi wants players to experience "eureka" moments similar to games like Outer Wilds and The ...

PS5 Consoles Only Sold 13,539 Units in Japan Last Week, Nintendo Switch 2 Sold 59,543 Units

PS5 Consoles Only Sold 13,539 Units in Japan Last Week, Nintendo Switch 2 Sold 59,543 Units

Sales of the PS5 family of consoles in Japan for the week ending on April 5th were comparable to Xbox Series X...

Why the Exact Same Things Make Starfield Brilliant to Some and Boring to Others

Why the Exact Same Things Make Starfield Brilliant to Some and Boring to Others

With Bethesda’s latest space-faring RPG making its way to the PS5, we’re expecting the debates around its ...

Starfield in 2026: Finally Fixed or Still Falling Short?

Starfield in 2026: Finally Fixed or Still Falling Short?

Free Lanes may not have turned this into Starfield 2.0, but it does bring the space-faring RPG much closer to ...