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Max Payne 3 Delay Has Take-Two Expecting Losses

Posted January 17, 2012 by M.H. Williams

Take-Two Interactive and Rockstar Games have announced that Max Payne 3 will be finally be coming out, with a final release date of May 15, 2012 for PlayStation 3 & Xbox 360, and May 29, 2012 on PC.  After many previous delays, the title had been expected in March of 2012, but Rockstar needs more time to polish the game before release.

“We do not take changes to our release schedule lightly, and this short delay will ensure that Max Payne 3 delivers the highest quality, groundbreaking entertainment experience that is expected from our Company,” said Strauss Zelnick, CEO of Take-Two. “Max Payne 3 promises to be one of our most exciting releases to date, and we are confident that consumers will once again be amazed by Rockstar’s ability to take interactive entertainment to another level.”

“With Max Payne 3 now slated for May, our robust lineup of upcoming releases for fiscal 2013 is even stronger, including BioShock Infinite, Borderlands 2, Spec Ops: The Line, XCOM, XCOM: Enemy Unknown, and other titles yet to be announced for release that year.“

As a result of the delay into fiscal year 2013, Take-Two now projects a net loss for fiscal year 2012.  The publisher expects the change to reduce net revenue by $210 to $230 million, and will be revising its fiscal 2012 financial outlook accordingly.  Take-Two’s third quarter financial results are expected on February 2, 2012.

M.H. Williams has been writing in some form or another for ten years and has been a hardcore gamer since the NES first graced American shores.  You can catch him on Twitter as @AutomaticZen, Google+ as himself, or on his personal Facebook page.

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