The first installment of downloadable content for Grand Theft Auto IV on Xbox 360 will be a full extra "episode," and is set to hit in the first fiscal quarter of 2009, Take-Two CEO Ben Feder revealed on the company's call to investors today. Take-Two's fiscal Q1 starts in November, which means the earliest the DLC can arrive is in November of 2008.

Feder declined to provide any further details, but now we know the DLC is forthcoming for Xbox 360. No mention was made of PS3 DLC.

"The 2009 release of this highly anticipated episode will provide better balance among top titles," said Feder. When questioned by an analyst, Feder said, "The reason we moved it is more about portfolio balance than anything else... the delay is not about development issues."