Take-Two Interactive today announced that Rockstar Games now expects to launch Max Payne 3 for the Xbox 360 and PlayStation 3 game consoles on May 15, 2012 in North America and three days later internationally. PC gamers will join the fun on May 29, 2012 in North America and June 1, 2012 internationally. The new release dates represent a two-month delay compared to the originally slated launch in March 2012, which is minor in length but falls at a time just after Take-Two's fiscal fourth quarter comes to a close.
The result of the minor delay is that Take-Two now expects to report a net loss for fiscal year 2012 by reducing its net revenue by $210 million to $230 million.
"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. "Max Payne 3 promises to be one of our most exciting releases to date, and we are confident that consumers will once again be amazed by Rockstar’s ability to take interactive entertainment to another level.
The upside is that along with upcoming releases like BioShock Infinite, Borderlands 2, Spec Ops: The Line, XCOM: Enemy Unknown, and other titles, "fiscal 2013 is poised to be one of our best years ever, with anticipated substantial revenue growth," Zelnick added.