Unreal Tournament 3 For PlayStation 3 Delayed Until 2008
Posted by Paul Hamilton Categories: First Person Shooters, PC, PlayStation 3, Release Dates,
Midway announced today in a press release that the PlayStation 3 version of Unreal Tournament 3, originally scheduled to release with the PC version this November as a timed console exclusive, isn’t expected to be released until the first quarter of 2008. David F. Zucker, president and CEO of Midway, said he regretted having to lose the holiday sales from the delays but said, “[W]e remain confident that our technology strategy and product plan position us to grow both revenue and market share as we move into the heart of this console cycle.”
Developer Epic Games’ Mark Rein said in a forum post that the press release included UT3 as an obligation to investors and said that he was still optimistic about a 2007 release, but that they wouldn’t ship until the game was ready and “the best game (they could) deliver.” He also confirmed that the PC version, due out in November, was still on schedule to ship as planned.
Read More | Midway Press Release via Joystiq
Gallery: Unreal Tournament 3 For PlayStation 3 Delayed Until 2008
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Take Two Board, CEO Ousted At Shareholder Meeting
Posted by Christopher Sasaki Categories: Corporate News, Take2,
Investors expected that Take Two’s shareholder meeting today would result in the ouster of most of the board and CEO of Take Two Interactive. An Associated Press report indicates that investor groups representing the majority shareholders in the corporation would seek to replace five of the board members up for re-election including the CEO. Nearly half of Take Two’s shares are controlled by two investment funds, so this large block would seem to have no problems getting what they want. What impact this will have on any possible acquisition offers to Take Two is unknown at this time, but one would expect that there would be a period of adjustment as the new board members and CEO take stock of the company and determine a course of action. This wouldn’t seem to impact high profile titles from the publishing group, like Grand Theft Auto, but titles from smaller subsidiaries may be impacted by the change in leadership.
Read More | Associated Press Via Businessweek
Gallery: Take Two Board, CEO Ousted At Shareholder Meeting
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