Tag Archives: strauss zelnick

Company 'sidesteps' questions after accusations of 'sketchy numbers'

Facebook games kingpin 'has disclosure issues', Zelnick claims

It has been a tough year for the games industry, but not for Take-Two. Why do you think that is?Fiscal year 2011 was a terrific 12 months for Take-Two. We generated substantial revenue growth and earnings. Our strategy is to produce a select number of triple-A titles and support them …

The boss of powerhouse publish Take-Two has claimed that there’s plenty of untapped potential left in the Xbox 360 and PS3 and there’s no need for a rush toward a new generation of consoles. The exception, CEO Strauss Zelnick told MCV, is the Wii which he says is still dragging …

Strauss Zelnick says a high Metacritic rating is crucial to the success of a new IP. The Take-Two Interactive CEO and chairman told the audience of Wedbush Morgan’s media conference in New York that review scores are more important in gaming than in any other entertainment business, according to Gamasutra. …

The CEO of Rockstar and 2K Games owner Take-Two has claimed that digital games sales could account for as much as 40 per cent of the publisher’s total business by 2013. However, he foresees this as additional revenue, claiming that the growth will not come at the expense of traditional …

Take-Two has announced Q1 revenues up $14 million on last year, from $149m to $163m. The firm took a loss of $34m, down from $54m for the same period in 09. Staff cuts, inevitably, are being touted, with a 15% headcount cut resulting in savings of $8 million in the …

Take Two has responded to EA’s decision to let the deadline for its acqusition bid pass. The Rockstar parent has stated that it is ‘looking forward’ to convincing the megapublisher it is worth more than the $26-per-share bid. If tonight’s deadline passes without a deal, EA will enter into Take-Two’s …

EA will allow its latest offer for Take Two to expire tonight after Electronic Arts accepted Take Two’s offer of a management presentation to its suitor containing non-public information. An exchange of letters between EA CEO John Riccitiello and executive chairman of the board of directors of Take Two Strauss …

EA CEO John Riccitiello has said that, as far as game content goes, his investors don’t give a shit about quality”. Riccitiello was speaking in an E3 interview with Venture Beat, in which he also asserted that Metcritic scores were a good way to judge the quality of EA’s games …