Take-Two Interactive Software Inc's (TTWO.O) chairman said the video game sector remains ripe for consolidation, even as he highlighted new opportunities in the digital and mobile arenas.
Strauss Zelnick told Reuters Insider that although digital and mobile currently make up less than 10 percent of revenue, he estimated that could grow to 25-30 percent "over time."
"I still think in five years the packaged goods business will dominate," said Zelnick, who will add the title of chief executive officer on Jan. 1. "It's kind of irrelevant to us -- basically the same gross margin, basically the same risk."
The head of AI at Take-Two says his time with the company has reportedly 'come to an end.'
Take-Two has hired Perfect Dark studio head Darrell Gallagher and creative director Brian Horton to start a new studio under 2K.
Fired Rockstar Games staff have protested outside the UK offices of parent company Take-Two and developer Rockstar North today, denying accusations of leaking company secrets and calling for their reinstatement.
The fired Rock Star Games staff were likely at-will employees, which means they could be terminated by the employer for almost any reason. Doesn't make it right, but it is what is.
There is no such thing as this in the UK. You can never just fire someone for no reason.
