Grand Theft Auto IV: Episodes From Liberty City Updates

Publisher posts $8.7 million loss on revenues of $334.4 million in April-June period; Red Dead Redemption franchise sells 11 million.

Take-Two releases new sales statistics for open-world action game; franchise life-to-date sales climb over 100M; Red Dead sells 8 million, BioShock franchise also sells 8 million.

Then-series developer DMA Design's Gary Penn says top-down title nearly shelved because it was "awful"; GTA: IV life-to-date sales sit at 17 million.

Janco Partners' Mike Hickey bullish on Take-Two, believes next installment in series could sell 16 million copies, generate $750 million.

Daily Star admits it "made no attempt to check the accuracy" of story claiming development of GTA Rothbury, apologises unreservedly.

Nintendo mascot's extraterrestrial exploits score big again; Ghost Trick, Xenoblade, PS3 Grand Theft Auto: Episodes also crack top five as DSi XL easily tops hardware chart.

Take-Two exceeds second-quarter guidance as revenues grow 54% to $268 million, profit nearly $17 million; fiscal-year guidance raised; Max Payne 3 delayed.

Pacific Crest's Evan Wilson projects a 10% dip in US software revenue; Wedbush's Michael Pachter auguring 2% spike; Splinter Cell: Conviction pegged as month's top title.