Max Payne 3 delayed until May, Take-Two to report net loss for 2012

Take-Two Interactive have today announced that Rockstar Games expects to launch Max Payne 3 in May 2012. Max Payne 3 had previously been slated for release in March 2012.

This brief delay has the effect of moving the initial release of Max Payne 3 from Take-Twos fiscal fourth quarter 2012 into its fiscal first quarter 2013. As a result, Take-Two now expects to report a net loss for fiscal year 2012.

"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, Chairman and CEO of Take-Two.

"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. Fiscal 2013 is poised to be one of our best years ever, with anticipated substantial revenue growth."