Word in from this morning reveals that the next exclusive episode for IV will be released on October 29th.

The Ballad of Gay Tony has been in the works for some months, and will cost those eager downloaders some 1,600 Microsoft Points.

Microsoft reportedly paid handsomely to secure this on a solo basis for their console, and will be hoping this release can give them a bumper festive season.

In related news, both slices of DLC - The Ballad of Gay Tony and The Lost and Damned - will arrive in a boxed release this winter, and will be playable without the original GTA IV.

More soon.

By Luke Guttridge