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Take Two's New Chairman Reassures Investors

Via Gamasutra, an article at TheStreet.com talking with the interim CEO of Take Two Interactive. In the wake of the chaos of the board overthrow, Strauss Zelnick is taking pains to reassure investors that stability and security are now the company's goals. He also pointed out that his position as CEO is a short-term situation: "Before we seek to fill the CEO slot we want to stabilize morale, develop our strategy and improve the structure of the company... So, I don't think we will have a new CEO right away but I would guess we have someone in the chair permanently within the next 12 months."

2 of 12 comments (clear)

  1. Creative? I doubt it. by Red+Flayer · · Score: 2, Insightful

    Moving forward, the goal, says Zelnick, is to ensure Take-Two becomes the most efficient and most creative of all game companies in the market.

    Efficient == layoffs.

    Creative == BS to ameliorate the 'efficiency' move.

    In TFA, Zelnick mentions 2K Sports as being a prime way for Take-Two to diversify their income stream (from the GTA franchise). I see high-efficiency (in terms of annual releases relatively cheap to produce) low-risk sports games in my crystal ball.

    Personally, I think "most efficient" and "most creative" are mutually exclusive. We'll see assets thrown into low-risk ventures (efficiency) with occasional purchase of or deals with smaller studios (creativity). Throw in all the comments about stability, and to me that says low-risk as well.

    IANAGIBA (Games Industry Business Analyst), but I play one on slashdot.
    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  2. Ummm... by badasscat · · Score: 2, Insightful

    In the wake of the chaos of the board overthrow, Strauss Zelnick is taking pains to reassure investors that stability and security are now the company's goals. He also pointed out that his position as CEO is a short-term situation

    Am I the only one that sees the contradiction in this?