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Take-Two, GameStop shares fall on GTAV delay

Shares tumble after Rockstar pushes upcoming action game into September; "nothing new" to share about Wii U and PC versions.

132 Comments

Investors are not thrilled with today's Grand Theft Auto V delay. Shares of Rockstar Games parent company Take-Two Interactive and specialty retailer GameStop tumbled today upon news that GTAV would miss its spring release date, instead landing months later on September 17.

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At press time, Take-Two shares are down 6.05 percent to $12.27, while GameStop fell 4.15 percent to $22.69. A Take-Two representative declined to comment, while GameStop was not immediately available.

Separately, a Rockstar Games representative told GameSpot today that there is "nothing new" to share regarding potential PC and Wii U versions of GTAV. Rockstar Games cofounder Dan Houser last year said these versions were "up for consideration," though today's announcement left them out.

For more on GTAV, check out GameSpot's previous coverage.

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Avatar image for Savior4Life
Savior4Life

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Wow! That's a huge delay! I thought it was gonna be May, June tops.

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Avatar image for Alucard_Prime
Alucard_Prime

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Normally I wouldn't care, but this few months of delay seems it may put it very close to the release of the 720, at which point I would not be as excited for it anymore.

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Avatar image for Offworlder1
Offworlder1

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I am glad their investors are angry just like many gamers, there is no reason for this delay, they know the engine and have had five years to work on this game. They should have released in March, or Spring 2013 as they had on the posters not Spet. 17th 2013, Rockstar is jerking everyone around with these BS delays.

Its bad enough theres only one damn city instead of 3, and that dating as well as property are out.

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Avatar image for NT456
NT456

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@Offworlder1 I was saying the same thing. This is very disappointing.

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kinglucifer21

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Edited By kinglucifer21

hahahaha always delay... the ps4 and xbox720 will release november... so i think gta5 will the 1st game in ps4 hahahaha..

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Avatar image for deactivated-610c3819be19e
deactivated-610c3819be19e

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Pushing it close to the fall competition I do not think they will meet the lofty 25 million copies sold goal that has been talked about by some analysts

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Avatar image for Carpetfluff
Carpetfluff

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Next thing you know...it's next gen.

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Avatar image for nigelholden
nigelholden

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Fine with me. I'm sick of paying 60 bucks to beta test games. Take your time, devs, take your time.

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woodyfr

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Edited By woodyfr

@nigelholden I guess you never played a GTA games before. There are hundreds of bugs/glitches in GTA IV still in the game. And I don't speak about the multiplayer modes.

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nigelholden

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@woodyfr I've been playing GTA games since GTA2. And yes, they can be buggy, but there's a difference between some bug issues and a game that is should never have left beta(Skyrim PS3 and others). My point being, I don't care so much for getting a game in spring or if stock prices are down because investors are pinning their dollars to an early release. What I care about is a good game worth the money paid. Yes, an a open world game the size of GTA is going to have some unforeseen bugs, but a later release date will no doubt cut down on them substantially. So what was your point exactly?

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Avatar image for sortajan
sortajan

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reading the title of this article put a huge smile on my face

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Avatar image for ChiefFreeman
ChiefFreeman

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Edited By ChiefFreeman

If the new Xbox and Ps4 launch this fall, this delay could really impact the games sales. Everyone will be eager for the new console software, and GTA might be left out.

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Avatar image for ABakedAlien
ABakedAlien

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@ChiefFreeman If anything this will impact next gen console sales.

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aaron25m

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@ChiefFreeman besides which no announcments about next gen have even been made yet (rumors and speculation dont count) so i highly doubt there will be that problem


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JLCrogue

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Edited By JLCrogue

@ChiefFreeman I don't think so. In this economy I think most people would rather buy an awesome new GTAV game than a whole new console. Plus, those who can afford the new consoles can always play GTAV or other current gen games on their next gen system, because they're almost guaranteed to be backwards compatible. If anything, this delay would have a negative impact on next gen console sales. It's the software that pushes the hardware and if there aren't any great launch titles for the next gen why would anyone spend all that money for a new console that's going to collect dust until you buy a good game for it?

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Stonecutters908

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Edited By Stonecutters908

I remember when I never paid attention to or cared about things like stock prices and all this behind the scenes developer drama. I was a happier gamer then, so I will return to that state. good bye gaming journalism. This is my last day with you and by that I mean this is my last day of clicking on something that isn't a review or a trailer. Honestly, it has been a mixed bag. You have made my gaming experience a more educated one, yet somehow infinitely worse. I can't tell if it's you or the developers and publishers. I think it's you. Adios.

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Avatar image for billlabowski
billlabowski

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September? Geezus. Good, I'm glad their shares fell lol.

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pal_080

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Heck, no one is going to want a next gen console if they are coming out this holiday season (which I'm starting to doubt), and GTA is released on current-gen at about the same time... there wont be any titles to compare to the greatness of GTA for the next gen upon its release.

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BestJinjo

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@pal_080 Watch Dogs, Star Wars 1313, BF4 may all launch on next gen consoles. Once you see those games, you'll be shocked at how ugly and outdated GTA V looks on PS360. All it takes is 2-3 next generation looking games and people will be tripping over themselves to buy PS4/720.

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Avatar image for billlabowski
billlabowski

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@BestJinjo @pal_080 But but but but Gameplay>Graphix right????

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erix43

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Edited By erix43

**** the investors. It's all about the fun for us. I'll damn sure wait. I do have a girlfriend.. So that'll "do." hehe,.. "do..." OOOOOOOh yeahhhhhhhhh...

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Avatar image for Viral-venom13
Viral-venom13

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@erix43

LMAO, i saw what you did there! XD

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DreamsofGreen

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It seems like just about the whole mainstream game world has been delayed.....

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Avatar image for Hurvl
Hurvl

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"Investors are not thrilled with today's Grand Theft Auto V delay." Oh, so investors are a lot like gamers then (or might even be worse if that's possible :P). A lot of gamers aren't thrilled with many things that companies do, but it's not until you hit them in their economic solar plexus that they react. Expectations are tricky and that's why I don't like the stock market, too much influence based on what the investors expected or think/fear might happen. The GTA V for PC petition is almost at its goal of 150 000 signatures, so I hope that means anything.

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Avatar image for ZetA_LatA
ZetA_LatA

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And it shall rise again sometime soon. Ups and downs, highs and lows.

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Avatar image for Hurvl
Hurvl

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@ZetA_LatA Yeah, looking at the stock market's shifting is like listening to Ronan Keating's song "Life is a rollercoaster" on repeat for hours. Not something I would recommend.

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mariokart64fan

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Edited By mariokart64fan

wiiu version at least come on rockstar cause now i gotta wait til september

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Avatar image for Joser15
Joser15

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I was expecting a delay, but not till Sept. |:[ Hopefully they will give us something extra like a DLC of San Andreas haha i can only wish well whatever.

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Avatar image for Darkhorse-Gamer
Darkhorse-Gamer

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Edited By Darkhorse-Gamer

I'm not surprised to see this.When I read sci-fi news I guessed GTA5 will be delayed.We know that they want to deliver best GTA to date and unforgettable ending of this generation.Maybe they delayed to get a PC version ready along with the consoles on release :D

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Avatar image for Robertle419
Robertle419

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Edited By Robertle419

u kinda expected that to happen I usually find that games with huge titles usually ended up being delayed

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vernics

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why rockstar why ?

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vicsrealms

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Great, that means we have to wait longer for the PC version...if we get a PC version...Hopefully without GFWL.

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Avatar image for VolcanoMan001
VolcanoMan001

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Good. TTWO is a much better buy now. Buy buy buy! :)

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Avatar image for Shinobi-Neo
Shinobi-Neo

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O_o

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Avatar image for WCK619
WCK619

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uh oh, investors are unhappy! shove it.

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Ibra8

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I hate the delay

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RiKanKiDD

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Edited By RiKanKiDD

YESS. Now i have more time for other games. Im satisfied.

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Avatar image for Baroni88
Baroni88

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They might as well have made it it a Next Gen game by this point. Sucks they won't be able to release this game when the next wave of consoles come out.

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Avatar image for 2bitSmOkEy
2bitSmOkEy

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Now is the right time to buy Take 2 then, I guess. Because GTA V is going to be amazing.

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Avatar image for St0Ne4Ge
St0Ne4Ge

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Edited By St0Ne4Ge

Maybe they delayed to get a PC version ready along with the consoles on release, a man can dream.

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dominoodle

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Edited By dominoodle

@St0Ne4Ge We can only hope.. More than likely we'll have to wait though..

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mattcake

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In better news, shares are now cheaper for the rest of us to buy and almost guaranteed to shoot up come September, yay.

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chiefgul

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Nice job Naughty Dog!!!!!!

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gatsbythepig

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It makes T2 an even better purchase. We all know what'll happen come Sept.

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lorenzoa88

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Not surprised to see this. There's nothing for investors to look at now until the holidays. If big titles like God of War, Gears of War and Last of Us also get pushed back, you'll see a similar drop in shares for Gamestop and whatever publisher is involved. And even with those titles, GTAV was going to be the mega hit of the spring quarter as the game has broad appeal, is cross platform and has a huge following. With the new date, it will brush up against whatever the next Halo and COD games are.

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