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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Take-Two Interactive Software

Take-Two Interactive Software stories: 7 news summaries

 Hidden Sex 
 Scenes Cost 
 Grand Theft 
 Auto $20M 

Take-Two settles suit over x-rated 'Hot Coffee' uproar

Sep 3, 09 5:07 AM CDT
(Newser) - The makers of Grand Theft Auto are shelling out $20 million to settle a lawsuit over hidden sex scenes in a version of the popular video game, reports Gawker. The suit by investors claims Take-Two Interactive Software officials knew about the x-rated "Hot Coffee" minigame inserted by programmers before... More »

MORE ABOUT:
computer programming • lawsuit • settlement • Take-Two Interactive Software • Grand Theft Auto • sexually explicit • Hot Coffee • minigame • x-rated • sex scenes

Crime Pays for
Grand Theft Auto Maker

Game blows away sales records, jacks up profit forecasts

Jun 6, 08 3:34 AM CDT
(Newser) - Profit forecasts have shot through the roof at Take-Two Interactive Software, thanks to the runaway success of Grand Theft Auto IV, reports MarketWatch. The company is boasting a $100 million second-quarter profit, up from a $50 million loss for the same period last year—even though the blockbuster game was... More »

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software • Electronic Arts • Take-Two Interactive Software • Grand Theft Auto • Grand Theft Auto IV • video games

 Grand Theft Auto 
 Burns Up Sales 
 Record 

Tops Halo 3's first week take

May 7, 08 1:59 PM CDT
(Newser) - Grand Theft Auto IV made off with a clean $500 million in its first week on sale, the biggest bow ever for a video game, MTV reports. The take left in the dust Halo 3’s $300 million debut, the previous record holder. It also surpasses any movie or music... More »

MORE ABOUT:
Take-Two Interactive Software • Grand Theft Auto IV • video games

 New Grand Theft 
 May Shatter Sales 
 Records Today  

Controversial game could change math in EA takeover bid

Apr 29, 08 8:55 AM CDT
(Newser) - Everyone’s favorite controversy magnet is coming back to consoles—and it’s going to make a lot of money. Grand Theft Auto IV went on sale today, and it’s expected to shatter sales records, the Wall Street Journal reports. One analyst predicts $400 million in its first... More »

MORE ABOUT:
Electronic Arts • Take-Two Interactive Software • Grand Theft Auto • Grand Theft Auto IV • video games

EA Gets Hostile in
'Grand Theft' Takeover Bid

Video game maker plans to bypass Take-Two management

Mar 13, 08 10:21 AM CDT
(Newser) - Electronic Arts is renewing its $2 billion bid to take over rival Take-Two Interactive—but this time the offer will go directly to the video game maker's shareholders, in a sign the potential deal may be turning hostile, reports the Wall Street Journal. EA’s initial offer was rejected... More »

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hostile takeover • acquisition • EA Sports • Electronic Arts • Take-Two Interactive Software • Grand Theft Auto IV

Take-Two Promises Solid 2008

Game maker upbeat despite losses; rebuffs EA takeover talks 

Mar 12, 08 8:25 AM CDT
(Newser) - Videogame maker Take-Two Interactive—owner of gamer favorites Grand Theft Auto and Bioshock—said first quarter losses jumped nearly 77% to $38 million while revenue fell some 13% to $240.4 million, reports the New York Times. But the company projected an upbeat 2008 with revenues growing 40% to $1.... More »

MORE ABOUT:
acquisition • EA Sports • revenue • Take-Two Interactive Software • takeover bid • Soleil Hudson Square Research • Grand Theft Auto IV • Bioshock

EA Maneuvers to Nab 'Grand Theft Auto'

Video game giant pushing $2B hostile bid for rival Take-Two

Feb 25, 08 8:08 AM CST
(Newser) - Video game kingpin Electronic Arts disclosed yesterday a $2 billion hostile takeover bid to acquire rival Take-Two Interactive Software, and capture the popular “Grand Theft Auto” franchise. EA, publisher of Madden NFL titles, said the $26-a-share offer represented a 50% premium over Take-Two’s closing price on Friday, but... More »

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mergers and acquisitions • Electronic Arts • The Sims • Madden NFL 08 • Take-Two Interactive Software • Grand Theft Auto • game development • video games

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