Gamertell

In a move drawing lots of interest on Wall Street, financier Carl Icahn has increased his ownership stake in troubled Take-Two Interactive from 2.5 percent to 11.3 percent. Icahn has a history of pushing for either change in or the outright sale of companies he invests in. This has increased… Continue Reading »

Grand Theft Auto: Episodes From Liberty City wasn’t nearly as big a hit as Take-Two Interactive anticipated, despite being installments in one of gaming’s biggest franchises. = The double-pack of downloadable content didn’t crack the Top 10 on NPD’s sales charts in October or November 2009. During the company’s quarterly… Continue Reading »

Grand Theft Auto IV was recently removed from store shelves in Thailand by the order of New Era Interactive, one of Asia’s largest game distributors. The reason is that Polwat Chino, a 19-year-old boy, killed a taxi driver while trying to recreate a scene from the game. Ah. Yet another… Continue Reading »

With Take Two’s board rejecting EA’s takeover offer, EA has softened its stand, though only a bit. It had previously set April 11, 2008, as the deadline but has deferred it by a week and reset it to April 18, 2008. Despite the extension, it still is keen to close… Continue Reading »

The board of directors of Take-Two has once again dismissed EA’s offer and termed it “inadequate in multiple respects.” But it remains open to other possibilities like a merger with a third party or EA. It has advised the company’s shareholders not to offer their shares to EA. The board… Continue Reading »

EA has decided the best way to preserve its ascendancy by making a big acquisition - or, at least, try to. The publisher announced on Sunday (February 24, 2008) that it has placed a $2 billion acquisition-bid for Take-Two Interactive at $26 per share. Take-Two rejected the offer, posting a… Continue Reading »

Videogame analysts have time and again clamored about a possible take over of Take Two. It seemed that Take Two chairman Strauss Zelnick’s denial of any such possibility had silenced all those analysts. But that is no longer the case, as Janco Partners’ analyst Mike Hickey has broken the brief… Continue Reading »

Take Two has just announced new downloadable content for underwater FPS Bioshock, including new plasmids, tonics, achievements and interface upgrades. All content is available through a free download on the Xbox Live marketplace. Gamers still exploring the world of Rapture can now use new plasmids and tonics (the deep power-up… Continue Reading »

Take Two Interactive announced that it has sold Joytech to rival manufacturer Mad Catz, including all assets and employees. A subsidiary of Take Two, Joytech manufactures state-of-the-art videogames, audio visual accessories and offers them to the community at competitive prices. Take 2’s CEO, Ben Feder, said he was pleased that… Continue Reading »

I swear I’m not trying to dig up an old news story. No, really. Former footballer and occasional film actor, O.J. Simpson, was ordered by the Los Angeles Superior Court to pay all the money he earned from his likeness being uses in All-Pro Football 2K8 to the family of… Continue Reading »