![]() At the same time, near term retail conditions have proven to be more challenging for our business than the assumptions built into our prior outlook. We believe the result will be a more compelling consumer experience and a better performing product in the marketplace. That said, we concluded that moving the release of BioShock 2 into fiscal year 2010 was the right decision for the product. Strauss Zelnick, Chairman of Take-Two, stated, "We recognize that our revised outlook for the balance of fiscal year 2009, due to both internal and external factors, is a disappointment. Additionally, Take-Two is updating third quarter and fourth quarter fiscal 2009 guidance to reflect reduced sales of catalog products and lower than anticipated initial retailer orders of new releases, due to a retail environment that is proving even more challenging than the Company's previous expectations. Take-Two is reducing its fiscal 2009 guidance to reflect several factors, most significant of which is the movement of the launch of BioShock 2 from the fourth quarter of fiscal 2009 to fiscal 2010, in order to provide additional development time for the title. (NASDAQ:TTWO) today announced revised revenue and earnings guidance for fiscal 2009. New York, NY – J– Take-Two Interactive Software, Inc. ![]() Launch of BioShock® 2 Now Planned for Fiscal 2010 See the full press release after the break. We believe the result will be a more compelling consumer experience and a better performing product in the marketplace," said Strauss Zelnick, Chairman of Take-Two. ![]() "We recognize that our revised outlook for the balance of fiscal year 2009, due to both internal and external factors, is a disappointment. Fiscal 2010 begins in November, though, so the delay's probably nothing to sneeze at. Now floating in the nebulous purgatory of Take-Two's fiscal 2010, a concrete release date for BioShock 2 has not been set. As a result, Take-Two has announced that it's significantly reducing its fiscal guidance. Update: During today's Take-Two conference call, the publisher clarified BioShock 2's new release date slightly, saying that the game will launch within the first half of 2010.īioShock 2, originally scheduled for an early November release, has been delayed.
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