Next Grand Theft Auto Not Until 2012

By Colin Tan on August 31, 2010, 1:02PM EDT

Wedbush analyst Michael Pachter doesn't think the next Grand Theft Auto will see the light of day in 2011, saying it may well slip into the next year instead.

"Take-Two's share price has taken a battering recently, reflecting investor disappointment that there has been no update on the next Grand Theft Auto, which appears to have potentially slipped to 2012," he said.

Pachter agreed, however, that Rockstar's LA Noire will release in 2011.

"Game delays have become the norm at Take-Two and we expect the company to announce a shift in release dates for LA Noire out of 2010 and into 2011."

Source: Industry Gamers

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