Take Two's Board Ousted by Shareholders

Some would view it as vaguely ironic that, on the same day that the GTA IV trailer makes its debut, the Take-Two board is finally ousted in the culmination of a nasty inter-corporate feud. CNN's Chris Morris reports on the latest development in the company's saga: "The accounting and ethical quagmires that have bogged down the company for the past few years are likely to disappear. And Take-Two will almost certainly become a leaner company, shedding divisions and canceling games ... The arrival of a new board may also ratchet down the public scrutiny of the company a few notches - but that respite from the spotlight's glare might not last as long as they would like. You see, the thing that makes this game maker different from the rest of the industry is its rebellious streak. It's something that drives opponents insane and causes mass migraines in the boardroom, but without it, Take-Two wouldn't be the force it is today."

Comments

Re:Jack Thompson

[Shadow Wrought]

That was my first thought. Especially since he told Ars Technica that he was going to see to it that somehting big was going to happen at the Take-Two meeting.