Grand Theft Auto publisher Take-Two has expanded its credit facility from USD 100 million to USD 140 million, with USD 25 million available for the UK business.
Take-Two chairman Strauss Zelnick has clarified that Grand Theft Auto IV will still release in the company's second fiscal quarter - between February and April 2008.
Strauss Zelnick, chairman of Take 2, has refused to narrow down a release period for Grand Theft Auto IV, saying the publisher won't commit until it's "utterly convinced" the game is ready.
US attorney Jack Thompson, famous for his anti-games stance and attributing a number of violent events to videogames influence, has written to Take-Two demanding a section of Grand Theft Auto IV be deleted.
Irrational Games, the company developing much-anticipated action title BioShock, has renamed its offices in-line with the branding of its parent company, Take-Two Interactive Software.
Shamed American football athlete OJ Simpson has had his fees for Take Two's All-Pro Football 2K8 seized in order to satisfy an outstanding judgement for wrongful death
Analyst Michael Pachter believes Rockstar has delayed the release of Grand Theft Auto IV because it is struggling with development on the PlayStation 3.
Answering questions in a conference call related to the company’s restructuring, Take-Two chairman Strauss Zelnick referred to the current ratings system as “somewhat nonsensical.â€
The ban in the UK and Ireland slapped on Take Two's Manhunt 2, and its subsequent AO rating in North America, is a response to the company's previous controversial content, according to one analyst.
Following bans on the sale of the game in the UK and Ireland, as well as a preliminary Adults Only rating in the US, Take-Two Interactive has temporarily shelved Manhunt 2.