Game Radar Video Game News
Game Radar Video Game News

Video Game News

 


  • Add us to your favorite reader! RSS
    • RSS
    • Add to Google
    • Add to My Yahoo!
    • Windows Live
    • Subscribe with Bloglines
    • Subscribe in NewsGator Online
    • My MSN
    • Add to My AOL
    • Subscribe in Rojo
    • Simpify!
    • Add to Technorati Favorites!
(view all feeds)
Hardware Categories
Arcade (7)
Mac (2)
Microsoft (80)
Microsoft Xbox (28)
Microsoft Xbox 360 (103)
Nintendo (61)
Nintendo DS (26)
Nintendo GameCube (8)
Nintendo Wii (59)
PC (39)
Peripherals (14)
Portable (13)
Retro (24)
Sony (62)
Sony PlayStation 2 (36)
Sony PlayStation 3 (76)
Sony PSP (25)
Wireless (6)
Topics
Blatant SPAM (6)
Business (50)
Cheats (2)
Competitive Gaming (6)
Culture (27)
Fashion (4)
Hacks (9)
Humor (22)
Machinima (4)
Meta (about GameRadar) (11)
Network Gaming (39)
Online (39)
Politics (14)
RadarSWAG (1)
Rumors (24)
Totally Off Topic (7)
Websites (9)
Genres
Action (50)
Adventure (23)
Driving (18)
Fighting (13)
First Person Shooters (39)
Fitness (2)
MMO (9)
Puzzle (9)
Rhythm (10)
RPGs (12)
Simulations (15)
Sports (13)
Strategy (12)
Third Person Shooters (11)
Article Types
Auctions (3)
Features (5)
Flash Games (6)
Interviews (3)
Metareviews (2)
Op Ed (6)
Podcasts (1)
Polls (3)
Reviews (5)
Videos & Trailers (26)
Events
CES (3)
E3 (7)
GDC (1)
Other Events (11)
TGS (9)
Contact GRContact GR
Send Us Feedback

GTA IV - Take Two Needs Cash

Grand Theft Auto 4 (IV)According to The Street, Take Two Interactive (the programmers that bring us the GTA series among other titles) is running low on funds. Because the company didn't make the original October release date, they might run out of money before they can get the game on the shelves.

Well, it might not be that bad, but they're going to have to slow that burn rate! ("burn rate" is how fast a company burns through its cash.)

According to The Street, TTI had almost 140 million at the beginning of February, and had about 60 million at the end of July. Doing some simple math, that's about 80 million dollars in 6 months - 13 million each month. That's a staggering burn rate if you ask me.

Since they moved the release date from October to "early next year", it means if they keep that same burn rate, they'll blow through that cash in 5 months - which from the end of July is next month! Youch! I can only hope the slowed down their spending a bit. Otherwise they'll need to take out some loans, or maybe rob some ho's. They might also want to check where that money is going - maybe somebody is doin' a grand theft on their cash... That's the only thing I can think of...

Recent GameRadar Headlines

11 Feb 2008The coolest PS3 setup - EVER!
11 Jan 2008Bill Says "360 will be the 'Most Reliable' Console on the Market"
09 Jan 2008Guitar Hero 4-6?
09 Jan 2008To Skate, or not to Skate
07 Jan 20083x the Price, 1/3 the Sales
07 Jan 2008First Skype, now GPS? What's next for the PSP!
06 Jan 2008Would you like to play with my Wii, your Highness?
06 Jan 2008Microsoft sued over Xbox outage

Contact GRContact GR
Send Us a Story Suggestion
Send Us Feedback
Most Popular Topics
Microsoft Xbox 360 (103)
Microsoft (80)
Sony PlayStation 3 (76)
Sony (62)
Nintendo (61)
Nintendo Wii (59)
Business (50)
Action (50)
GR Contributors
Reverend Booyah (78)
Tim O'Rourke (70)
Steve Jenkins (45)
Harlyn Jenkins (39)
Shawn F. (20)