Take-Two Interactive (Page 14)

Take-Two's former chief accounting officer and former chief lawyer have pleaded guilty to falsifying business records.

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.”

In response to reports that the organization is seeking new oversight to rate game trailers, the ESRB has clarified its position.

2K Games has confirmed to our sister site, <i>Eurogamer.net</i>, that the PlayStation 3 version of The Darkness has been delayed until July in Europe.

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.

<i>GamesIndustry.biz</i> has received confirmation from Sony that Manhunt 2 won't be appearing on the PSP or PS2 in the US following the ESRB's decision to give the game an AO rating.

Following the BBFC's ban for the UK, and the ESRB's Adults Only rating for the US, Manhunt 2 has been similarly banned from sale in Ireland.

ELSPA director general Paul Jackson has revealed the organisation plans to contact the BBFC over the language used to announce the ban of Manhunt 2.

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.

Take Two has reached an agreement with Jack Thompson which will restrict the crusading lawyer from suing the publisher's games.

Troubled publisher Take Two has appointed Robert A. Bowman to its board of directors.

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.

Shareholders at Take-Two have successfully ousted the current board of directors and replaced them with a new board, headed by Strauss Zelnick.

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