Sections

Report – L.A. Noire delayed into 2011, says analyst

Saturday, 28th August 2010 15:18 GMT By Stephany Nunneley

lanoire

Looks like the rumor of L.A. Noire being delayed into 2011 reared its ugly head again this week.

This time though, the delay news comes from Pacific Crest Securities analyst Evan Wilson.

According to Wilson’s latest statement to investors, retail outlets have confirmed to him Team Bondi’s L.A. Noire was moved from a fall Q4 release well into Take-Two’s fiscal year 2011.

“We have confirmed the delay of L.A. Noire from fiscal Q4 (Oct.) well into [fiscal] 2011 [November 1, 2010 to October 31, 2011],” he wrote. “As far as we can tell, Take-Two has not shown the game to retailers.”

Wilson criticized T2 for being unable to accurately forecast release dates for its titles,¬† but at the same time believes the continued¬† success of Red Dead Redemption help the company’s financial forecast.

“”Clearly, management either has no control over the release of its games, cannot accurately predict the timing of their completion or is not concerned with the forecasts it issues to investors. In any case, the delays have reinforced the low confidence we have in current management,” said Wilson.

“We continue to have low confidence that management has any idea about when its games will actually be released and believe the confidence that it displays to investors is misplaced.”

L.A. Noire was first announced in 2005, and the latest delay for it was rumored back in June, to which both Rockstar and Take-Two replied it has never had a release announced and it does not “comment on rumor and speculation”.

Take-Two’s next financial call to investors is on Thursday, September 2, so hopefully we’ll hear something concrete on the game then.

We’ll be listening in as always for you.

Thanks, Gamespot.

Latest

19 Comments

  1. reask

    why oh why Sony?

    #1 4 years ago
  2. justiceblob

    ‘Game We Know Nothing About In Delay Shocker’

    #2 4 years ago
  3. Gekidami

    What does Sony have to do with this?

    And how can a game with no release date get delayed?

    #3 4 years ago
  4. LePlatypus

    @3 I think he still thinks it’s a PS3 exclusive

    #4 4 years ago
  5. Zarckan

    Team bondi fucked it up so R* Leeds are fixing it

    #5 4 years ago
  6. AHA-Lambda

    do we even need to call this a rumour? there wasnt even a snowballs chance in hell that this was coming out this year :P

    #6 4 years ago
  7. Stephany Nunneley

    @7 I know. :) Still, until it is confirmed by those on high, we have to bill it as such.

    #7 4 years ago
  8. reask

    Right so false headline then 3.

    #8 4 years ago
  9. Lord Gremlin

    Well, truly amazing PS3 exclusives take a lot of time to develop, and Rockstar has a lot to learn. FFS their games looked better on 360 then on PS3.

    #9 4 years ago
  10. LePlatypus

    @9 It’s multiplatform

    #10 4 years ago
  11. reask

    Oh I thought it was a PS3 exclusive.
    Why oh Why Sony and MS. ;)

    #11 4 years ago
  12. The_Deleted

    Has no confidence in managment?!!! R* are one of the only developers still raking in money!!! Twat!!

    #12 4 years ago
  13. BBGunner420

    There was a Sept 1 release date in North America Gamestop…looks like I’ll won’t be getting this.

    #13 4 years ago
  14. cookiejar

    Its been kind of a ‘balls up’ from day one If I remember. The reason Sony canned funding for the game was because TB were taking too long with it.

    #14 4 years ago
  15. AHA-Lambda

    yea it sounds like a really cool concept actually for a game but all the signs are just pointing to a game thats been stuck in various development mishaps for too long.

    #15 4 years ago
  16. NightCrawler1970

    I bet LA Noire will looks better than Mafia 2, and RockStar will sell that game like hotcakes!!!

    #16 4 years ago
  17. LOLshock94

    omg why is this bein made it sounds shite

    #17 4 years ago
  18. Crysis

    not every single fucking game is being designed & catered just for you.

    #18 4 years ago
  19. albo88

    this suppose to be the most intense holiday season of all time it turns the same shit like all winters

    #19 4 years ago

Comments are now closed on this article.