June 17th, 2007

Microsoft Paid Take-Two $50 Million for GTA IV DLC

Published at 4:00 PM PST

Want to know why Sony's machine isn't receiving GTA IV downloadable content? Because Microsoft paid a whopping $50 Million for the exclusive episodes, thats why.

Stock analysis website SeekingAlpha have referenced last weeks press release from Take-Two regarding it's financial results and a conference call in relation to that, where it is revealed that the $50 million “Deferred revenue” figure is actually coming from Microsoft, who will pay Take-Two $25 million for one downloadable episode in March '08 and the other $25 million later on in fiscal '08 for the second episode. We can assume from this that these are likely to be the dates when we will actually receive the content, although it's not certain.

Bad news for Sony fans...