GTA IV Content on Xbox 360 only!

While Rockstar Games' much-hyped Grand Theft Auto IV is scheduled for release both on the PS3 and the Xbox 360 later this year, Xbox 360 owners appear a tad luckier of the two...

Take-Two Interactive, owners of the Grand Theft Auto (GTA) franchise, have confirmed that they will be delivering exclusive episodic downloadable content of GTA IV on the Xbox 360 version of the game.

Besides, additional game levels and missions will be made available for download over Xbox Live.

Going by reports, Microsoft has paid around $50 million to Take-Two Interactive to crack this deal.

With the first $25 million for the first episodic content package to be made available in March 2008, and the second $25 million for the second package to be made available later in 2008.

With this move, rumors that exclusive GTA IV episodes would be made available on the PlayStation network seem to have been put to rest.

Meanwhile, fans can expect GTA IV to release on both the PS3 and the Xbox 360 simultaneously on October 16, according to the company.