New Grand Theft Auto title for the PSP announced

Take-Two Games have made a statement regarding the delay of Grand Theft Auto: Liberty City Stories in many european countries yet at the same time, confirmed that one of the two other titles being developed is a new Grand Theft Auto. We can expect more information about this to follow within the next few months.

Take-Two is reducing its fiscal 2005 guidance to reflect several factors, including the movement of the launch of Grand Theft Auto: Liberty City Stories for the PSP� handheld entertainment system in certain European territories from the fourth quarter of fiscal 2005 to the first quarter of fiscal 2006, due to unexpected delays in final product testing and submission. Shipments of the title have been made to the UK in the fourth quarter, with the title expected to ship in the remaining European territories in late November.

For Fiscal 2006, we are well positioned for the opportunities to extend our brands across the large installed base of current generation platforms, as well as next generation hardware including the two previously announced Rockstar Games titles for the PSP, one of which is a new Grand Theft Auto title.

— Paul Eibeler, President & CEO, Take Two Interactive

Initial responses have been mixed, but those who are owners of PSPs should be pleased to hear further developments are planned so soon after (and before for some people in Europe) the GTA:LCS release.

Let us know what you think or expect from this new title on GTAForums.