Take-Two’s Strauss Zelnick talks BioShock 2 delay

Destructoid writes: The recent delay of BioShock 2 caught us by surprise. In the statement announcing the delay, Take-Two creative officer Ben Feder hinted that it had something to do with development time. "We felt that it was essential to invest the additional time to ensure that this title will deliver what its fans expect and deserve," he said.

During Take-Two’s fiscal conference call, Take-Two head honcho (and muscle man) Strauss Zelnick expounded on the reason for the delay, citing both a need for more development time and the global recession as the two factors.

"We’re disappointed to have to reduce guidance for the remainder of the year, particularly after 8 consecutive quarters of meeting our guidance. The revised outlook is a result of several factors: first and most significant, we’ve decided to move BioShock 2 out of this fiscal year and into 2010 to provide additional development time for this highly anticipated title. Second, we’re seeing further weakness in retail, which is effecting orders for both our new releases and our catalogue of titles.