Take-Two Interactive (Page 16)

Take-Two Interactive is facing yet another legal battle, this time from an investor who claims that the company has wasted corporate assets, abused control and shown gross mismanagement in recent years.

Take-Two Interactive has announced that the company will be investigated by the US Securities and Exchange Commission, scrutinising various stock option grants made from 1997 to date.

Budget PC game publisher Mastertronic has signed a new deal with Take-Two Interactive that will see another batch of titles released under the M.A.D., PC Gamer and Sold Out value labels.

Wedbush Morgan analyst Michael Pachter is advising caution on investment in Take-Two interactive, hinting that the recent Grand Jury subpoenas could signal criminal indictments for the publisher.

New York's grand jury has issued subpoenas to Take-Two which order the publisher to produce documents relating to the 'Hot Coffee' mini-game hidden within Grand Theft Auto: San Andreas.

Take-Two Interactive has released its financial results for the second quarter ended April 30th, revealing an increase in revenues but an overall loss of USD 50.4 million as cost-cutting exercises continue.

Take-Two has announced the official closure of Amped developer Indie Built, citing uncertainty surrounding the console transition as the main reason for the studio's demise.

As Take-Two announces that more than 1.7 million copies of The Elder Scrolls IV: Oblivion have now been shipped, market research firm NPD has reported that it's the fastest-selling Xbox 360 game released so far.

Beleaguered publisher Take-Two interactive has posted its Q1 financial report, revealing further significant revenue losses, but fairing marginally better than both the company's own guidance and recent analyst predictions.

Take-Two Interactive has announced a number of internal changes and promotions within its sales team, as the publisher prepares for the completion of the current hardware transition and readies itself for the next-generation of videogames titles.

Software publisher Take-Two Interactive has announced a series of changes to its board of directors, including the resignation of audit committee chairwoman Barbara Kaczynski.