New GTA IV episodes delayed

In its Q2 fiscal report, Take Two has revealed that the release of episodic content for GTA IV on the Xbox 360 will be delayed to Q1 2009.

The additional episodes were due to be released over Xbox Live in Q4 this year. Take Two’s FY 2008 ends in November.

The publisher did not give any pricing information about the new content.

In a conference call to investors, CEO Ben Feder said:

"It’s the same team developing it and the same studio that is developing it, but again the delay is not about development issues. The delay is about portfolio balancing issues."