In a prepared statement, Take-Two acknowledged that the ESRB has issued a preliminary rating of AO (Adults Only) for its upcoming PlayStation 2 and Wii title Manhunt 2.
Take 2 has refused to clarify comments from chief financial officer Laine Goldstein that it received USD 50 million from Microsoft for exclusive GTA IV episodic content.
A Take-Two spokesperson has told <i>GamesIndustry.biz</i> that some staff from the company's UK office have been made redundant as part of new restructuring plans.
Speaking with GamesIndustry.biz, Take-Two public relations advisor Ed Nebb revealed more details about the company's reorganization plans. "The 2K New York office will be closed as part of the consolidation of the label's management and other functional
Take-Two has announced financial results for the quarter ending April 30, 2007, posting net revenues of USD 205.4 million - down by almost USD 60 million compared to the same period last year.
Wedbush Morgan analyst Michael Pachter has suggested that Take-Two may choose to delay the release of Grand Theft Auto IV in a bid to boost its financial results for 2008.
Creating quality titles for next-gen systems, including Nintendo's Wii and DS, is now a priority for beleaguered publisher Take Two, as the company looks to maximise its franchises in the wake of boardroom and operational upheaval.
Gary Friedrich, creator of the Ghost Rider comic book, has filed suit against Take-Two and other companies involved with developing the recent movie tie-in and related products.
Just weeks after shareholders led a successful bid to bring in a new team of executives at Take-Two, chief financial officer Karl Winters has resigned from his post.
Echoing comments from new Take Two boss Strauss Zelnick earlier this week, analyst firm AG Edwards expects redundancies at the Rockstar parent company.
Newly appointed chairman of Take-Two Strauss Zelnick has outlined areas of change for the troubled publisher — pointing to financial and staff issues as the immediate focus.
Developer and publisher Take-Two may soon be up for sale after a group of shareholders have launched a bid to oust CEO Paul Eibeler and other high level executives
The continuing legal battle between publisher Take-Two and Jack Thompson became more aggressive over the weekend as the controversial Miami attorney threatened to "destroy" the publisher after it filed a pre-emptive lawsuit.
Take-Two has released its first quarter results for 2007 with losses trimmed to US $21.5 million (EUR 16.3m), improving on the loss of US $29.1 million (EUR 22.1m) in the same period last year.
Publisher Take 2 Interactive may undergo vast changes in the wake of its annual general meeting - including, potentially, a sale of the company or of some of its business units.
Leading analyst firm Wedbush Morgan has reiterated its warning over the profitability of Take-Two following today's financial results, stating that shareholder's face a prisoner's dilemma
Grand Theft Auto IV may only enjoy modest sales when its launched later this year, due to competition from another highly anticipated gaming franchise, Halo 3.
Former Take-Two Interactive chairman and chief executive Ryan Brant has pled guilty to allegations that he filed false information as part of a stock-option backdating initiative.
The special committee assigned by Take-Two's board of directors to investigate the publisher's stock option practices has found that errors did occur - but not due to any misconduct by chief executives.