This morning, Take-Two Interactive announced Max Payne 3 was being delayed until May. Since then, Rockstar has provided some updates of its own. Max Payne 3 for PS3 and Xbox 360 will be released on May 15, 2012 in North America and May 18, 2012 in Europe. The PC version will launch on May 29, more »

The bad news is we’ll have to wait even longer for Max Payne 3 to be released. The good news is we won’t have to wait much longer than before. This morning, Take-Two announced Max Payne 3 will miss its March 2012 release window, and is being pushed to May 2012 instead. 

During its quarterly financial webcast May 24, 2011, 2K Sports’ parent company Take-Two Interactive announced it will not produce a hockey game in 2011.

NHL 2K11 didn’t appear on the PlayStation 3 or Xbox 360, releasing only on mobile platforms and the Nintendo Wii. It looks like a situation that’s the reverse of what’s happening with EA and 2K Sports’ basketball games. EA’s hockey efforts are drawing rave reviews, leaving 2K Sports having a difficult time turning a profit on NHL 2K.

Here’s an interesting fact that came near the tail end of Take-Two Interactive’s earnings call earlier today. An investor asked how well Grand Theft Auto IV has sold in Japan since October 2008. If you’re only after numbers, GTA IV has sold somewhere in the area of 400,000 copies in Japan.

A member of an Italian-American service organization called UNICO has called on Take-Two Interactive to stop the release of Mafia II. Andre’ DiMino considers Mafia II to be a “pile of racist nonsense” as he believes it perpetuates a negative stereotype of Italian-Americans.

There is no official word from Take-Two Interactive, but a listing at GameStop (that has since been taken down) advertised a strategy guide for Borderlands:Game of the Year Edition. The now mysteriously absent guide was set to release September 7, 2010. If such a game follows the precedent set by previous GOTY packages, it would contain all the previously released bits of downloadable content for the game. In Borderlands‘ case, that would be Zombie Island of Dr. Ned, Mad Moxxi’s Underdome Riot, and The Secret Armory of General Knoxx.

If you have been dying to get your hands on yet another game from an earlier era brought forth to the forefront of the current generation, 2K Marin has just the game for you: X-COM.

If Bethesda’s version of Fallout has taught this industry anything, it’s that isometric games being brought to the first-person viewpoint are automatic gold.

That’s what we learned from that, right?

If you were offended by the Hot Coffee sex mini-game in Grand Theft Auto: San Andreas, and submitted the proper documentation to Rockstar Games by the May 16, 2008, deadline, you will soon receive your settlement.

The GTA settlement site says those that submitted paperwork should receive what they are entitled to by April 15, 2010.

Division 9 originally was a sort of spin-off to Irrational Game’s SWAT series. The funny thing is that no one thought a zombie game would sell back then. Right before Division 9 was set to be sold to Vivendi, Take-Two purchased Irrational Games and turned the game into vaporware.

In a move drawing lots of interest on Wall Street, financier Carl Icahn has increased his ownership stake in troubled Take-Two Interactive from 2.5 percent to 11.3 percent.

Icahn has a history of pushing for either change in or the outright sale of companies he invests in. This has increased speculation that Take-Two will be up for sale in the near future, and as a result the company’s shares shot up 10 percent after word of Icahn’s purchase got out.

Despite hit franchises such as Grand Theft Auto and Midnight Club, Take-Two expects to report its second consecutive annual net loss in fiscal year 2010. Industry insiders are openly questioning the company’s management structure. The recent admission of Take Two CEO Ben Feder that the company he feels the company mishandled the release of downloadable GTA expansions will do little to restore faith.