During the Take 2 investor meeting held today, Dan Emerson talked about the company’s outlook citing Borderlands 2 as being well received as well as mentioning the soon to be released 2K Sports NBA 2K 13. There’s more positive outlook with XCOM Enemy Unknown releasing on October 9th. Emerson also talked about a delay in key titles (Bioshock Infinite perhaps?) which has meant projections were down, although online distribution sales were up and accounted for 13% of the company’s revenue for the period.

Sadly, GTA V was mentioned (Rockstar releasing screenshots and development is coming along), but of the key games talked about, it was the only one where a release date was not attached which suggests the game is likely not coming out this side of March 31st 2013 when the financial year ends. Some have speculated a May 2013 release period which is more likely.

Take 2 plan to have a stream of the meeting available later today.

• There are 3 playable main characters. Their names are Trevor, Franklin and Michael.
• You can switch between them at any point when not on a mission. When you switch, the camera zooms out into the sky and then back down to the character you switched to.
• You can switch to another playable character during missions where they work together. This happens instantly.
• Some missions will only have one of the main characters, whereas in other missions it may be two or all three together.
• Each one has its own personality, motivations and skillset. When you're not controlling them, their lifes continue and you may be surprised to see what situations they find themselves in when you switch back.
• Each character has his own story arc.
• Of the main storyline missions, there'll be several complex missions focussed on heists in style of "Three Leaf Clover" from GTAIV.
• Some characters from GTAIV will make an appearance in V. Niko won't be one of them.
• During research, Rockstar took over a quarter million photos this time!
• Census information and vehicle sales data were used as a guide to depict the game world.
• Big advances in the game's lighting model with vast increases and advances in draw distance and levels of detail.

the official cover art was revealed today

GTAV's game world is bigger than the worlds of Red Dead Redemption, San Andreas and GTA IV combined!

Features:
Players can invest in their character through customizing their appearance, improving their stats, owning customized vehicles, purchasing personal property, choosing their favourite weapons and vehicles and taking part in missions, jobs and activities.
Players have the freedom to explore alone or with friends, work cooperatively to complete missions, band together to participate in activities and ambient events, or compete in traditional game modes.
As progress is achieved through the world of GTA Online, players will be introduced to new characters, missions, rewards and such.
A maximum of 16 players can be active at any one time as part of an online universe of hundreds of thousands competing to earn Reputation Points (RP), money and almost limitless material acquisition.
As you speak into your headset, your GTA Online character will lip-sync broadly in time. When robbing a liquor store, AI characters will react to the urgency in your voice, stuffing money more quickly in the bag.
The Content Creator will allow players to create and share their own missions and activities via the Social Club cloud. Other players can beat your target times and scores, then rate your mission. You can even choose which creators you want to follow and curate your favourite missions.
The Feed, a twitter-like program, appears on screen to relay all your emails, texts and messages from Social Club.
The world of Grand Theft Auto Online will constantly grow and change as new content is added, and at some stage GTA Online will head into new locations. Access to Grand Theft Auto Online is free with every retail copy of Grand Theft Auto V and launches on October 1st.

General:
Your ranking will be based off of shooting, driving, parachuting and flying skills.
People can access their data through Social Club and via their iPhones or iPads.
There is a mode called "passive mode" which means you can't shoot people and they can't shoot you.
A "Bad Sport" stat will be given for bad behaviour such as blowing up another player's car, and if it's done persistently you will be punished.
if your multiplayer character at Max Payne 3 had a high level, it will be carried over to GTA: Online for more bonuses that you will unlock.
Matchmaking is based off of ranking, so it prioritizes your friends' rankings, crewmembers' rankings and even strangers so that when you need people, you know who to get.
GTA Online tracks who your rivals are and lets you know when they've come online so you can get some revenge on them.

Multiplayer:
You can assemble a team from your friends list, or recruit according to specialist skills. As you rob a liquor store or perform a heist, the team member that does the job gets the cash and can choose how much to share.
It's possible to spread the wealth by sharing cash, weapons and ammo among your team. In turn, they can 'defect' and try to steal your cash.
You can pick up your phone to 'ring' friends in single player and invite them into your world. Your friends will be listed under 'Contacts' on your phone.
Set up challenges and post it to the Social Club and players can try and beat your score, if they beat your score -- you give them cash.

Miscellaneous:
You start GTA: Online arriving to Los Santos pennyless and you must complete a few missions first to get a feel of the online.
There will be loads of property to buy at different prices, according to their views and location. You can use your in-house CCTV to spy on people at your front door, or take showers, surf the net, change clothes and watch the game's many TV channels.
You can take out insurance and ring for a replacement car if yours gets destroyed.
You can pay a personal mechanic to fix your cars automatically, or deliver them to any location.
You can also check any vehicle's stats for speed, handling etc, before making your choice to purchase.
You can watch real-time events such as police chases on your TV moments after you see them speed past your house.
Your custom cars show as markers on the map and get impounded if you leave them too long. You can pay to retrieve them.
You will be able to deposit your money into your bank account as often as you can. When another player kills you, they can snatch the wallet right from your dead body.
You can switch between single player and online mode by selecting your multiplayer avatar from the character wheel.
If you're fleeing from another player, you can call up a buddy to hide your radar blip.
Passengers will be able to change the in-car radio.
You will have contacts available at anytime that will provide different services on or off mission, as you rank higher you will have access to characters with new and stronger abilities. Examples of such are being hidden from the radar and setting a bounty on another player if you're being chased.
If you steal a vehicle, you can spray and change the plates. Some vehicle customisation businesses might not be willing to do that and you may get a wanted level.
Weasel News will pick up people that have got wanted levels.
There is a planning room in people's apartments.
If you are in a heist and need some help, you can invite your friends and they will be teleported to you instantly.
The experience is seamless between transitions for free-roam and missions.
You can call up a private security firm to bring in an airstrike, i.e. destroy street races.

Just paid off my 150$ CE. I can't wait, this is going to be so good. hard to not wanna watch more trailers, but for games like this especially I want everything to be fresh and a surprise.