Michael Pachter's back on the prediction path. This time, he's thrown in his hat into the "When will Rockstar release Grand Theft Auto V?" guessing game once again, reiterating his earlier estimate that we'll see a new GTA in 2010.

Pachter predicted it's coming out sometime in 2010. Todd Mitchell more recently guesstimated that it's coming out by 2011. So is it coming out at all? Take-Two Interactive addresses the question, the "it" in reference being Grand Theft Auto V.

In a somewhat surprising move today, Take-Two has announced that BioShock 2 (360, PS3) will be delayed and is now scheduled for release in the first half of 2010. The game, originally slated for a November 3 release in North America, will be pushed back to provide additional development time for the developers.

Five million  units sales target? That should be easy-peasy, right? If you're Take-Two and you're marketing BioShock 2 (Xbox 360, PS3, and PC), that is. And five million it is indeed, according to T2 Chairman Strauss Zelnick.

2K Games has finally set your date with Big Daddy, but just like a real date juggler, the Big Daddies of BioShock 2 won't be ringing doorbells on the same night. The announcement was made during the publisher's conference call to discuss second quarter financial results, and it was Take Two CEO Ben Feder who made the confirmation. Hit the full article for the dates.

You gotta give props to Jack Thompson. Even a disbarment won't shut him up. The former attorney once again makes headlines after he sent an email saying that he wants to lead a movement to oust Take-Two Interactive's chairman, Strauss Zelnick.

How many articles about bad economy and suffering publishers have you read on QJ in the past two months? I lost count. That's because it's undeniable - the gaming industry in in the toilet, praying not to be flushed. Take-Two's Chief exec, Strauss Zelnick, describes the current situation to be so bad, that "being slightly down is the new up."

Strauss Zelnick of Take-Two Interactive recently spoke at the BMO Interactive Entertainment conference and shared his opinion on the game industry's standing amidst the ongoing economic turmoil. His observation: they're not immune from recession. His prediction: it's not looking good. Find out more about these earth-shaking revelations after the jump.

After a long drawn out battle to stave off Electronic Arts' takeover bid, Take-Two chairman Strauss Zelnick laid down the final word on Take-Two's status as a company, announcing that they have decided to remain independent after all.

So after the whole EA-acquisition deal, both Take-Two and EA's stock shares plummeted. Such trying times indeed. So today, T2's busy with damage control. They just published a press release to reaffirm to everyone (most especially investors) that they're still a strong company and will remain an independent company. Warning: boring corporate fodder ahead.