Notes from the Take Two Revolution

Notes from the Take Two Revolution

March 30, 2007
GP offers a few random thoughts about yesterday's upheaval at GTA publisher Take Two: 

Everyone loves a good show. Unfortunately, Thursday's shareholder meeting was devoid of drama. Truth be told, the half-hour audiocast was pretty dull.

Despite making noises for months about attending the meeting, anti-game attorney Jack Thompson, who bills himself as Take Two's "most abiding and successful opponent,"  was an apparent no-show. At least, he wasn't heard on the audio.

More abiding - at least she was abiding enough to actually show up - was a representative of a religious order who made an unsuccessful motion apparently directed at GTA's game content. As reported in the company's summary of the meeting:
A shareholder proposal requesting that the Board of Directors' Compensation Committee include social responsibility, as well as corporate governance and financial criteria, in setting executive compensation was defeated.

NY Post columnist Roddy Boyd doesn't see the firing of CEO Paul Eibeler as a panacea for Take Two's woes, writing:
Take-Two's multi-year regulatory woes - running the gamut from accounting fraud to options backdating - are no closer to being resolved.

We got a minor laugh from the graphic (seen at left) included with Boyd's report in today's edition of the Post.

Coincidentally - or, perhaps not - the first trailer for Grand Theft Auto IV was released by Take Two subsidiary Rockstar a few hours after the meeting.

Comments

Well, I have a feeling JT didn't show up, because the odds of him keeping quite are nil. As for the GTA 4 trailer, the game looks beautiful and it appears that it will be taking place back at Liberty City. I also assume the chap in the video will be our key player.

-Auto
Im not surprised that JT didnt show up.
Well, the trailer was scheduled to be released at this point for over a month.
Well now I want to play GTA4, looks nice
Jack Thompson was just too chicken to show up. He knows he's screwed in this, so he didn't want to publicly humiliate himself further. Oh, and if he's a Christian, what happened to "judge not and ye shall not be judged"?

GamePolitics ShoutBox

Posted 07/04/09 at 01:18pm
Andrew Eisen: Rodrigo - A fun idea but you might want to fix the typos.
Posted 07/04/09 at 12:57pm
GRIZZAM PRIME: Happy 4th of July!
Posted 07/04/09 at 12:44pm
Yuuri: Happy Blow Crap Up Day!
Posted 07/04/09 at 11:09am
Rodrigo Ybáñez García: I designed this shirt for Jack debate today: http://i44.tinypic.com/2552t89.jpg
Posted 07/04/09 at 11:06am
BearDogg-X: There's a one minute and a half preview of the video game episode of Penn & Teller: Bullshit! up at http://www.sho.com/site/ptbs/home.do
Posted 07/04/09 at 10:08am
Arcanagos: Happy 4th all
Posted 07/04/09 at 09:32am
Firebird: Greetings GP community, and HAPPY 4th of JULY!!!
Posted 07/04/09 at 03:48am
Michael Chandra: I missed out on Jack? =(
Posted 07/04/09 at 01:52am
Escanor94: hmm, looks like when someone gets banned all their comments are automaticly deleted
Posted 07/03/09 at 11:46pm
Arcanagos: aww, did i miss the JT party? :(
Posted 07/03/09 at 11:00pm
Leet Gamer Jargon: Where's the recent JT bullcrap? Which comments section has he vomited on? EDIT: Nevermind; it's in the "Radio" thread.
Posted 07/03/09 at 09:17pm
BearDogg-X: I wonder what the Metropolitian Moron of Miami said in response to my comment saying that he got a dose of his medicine on the SGC09 Debate thread?
Posted 07/03/09 at 06:51pm
Rodrigo Ybáñez García: He gets offended with a bunch of flowers.
Posted 07/03/09 at 06:49pm
GoodRobotUs: LOL He takes offence at the fact he might have *chosen* to be crazy?
Posted 07/03/09 at 06:47pm
Rodrigo Ybáñez García: He warned me to get a lawyer after I called him "crazy by his own choice"... that´s libel for him
Posted 07/03/09 at 06:45pm
HilaryDuffGta: "libel" what did he threaten now?
Posted 07/03/09 at 06:44pm
Rodrigo Ybáñez García: Was fun to be threatened for "libel" again.
Posted 07/03/09 at 06:26pm
HilaryDuffGta: hey so what did i miss??? the usual spam of "crap"
Posted 07/03/09 at 06:15pm
FlakAttack: Jack ruined his chance to have civil debates with us here. Glad you banned him (again).
Posted 07/03/09 at 04:04pm
Krono: Unexpected is probably the best word to describe it. Particularly as no decent reason is given.
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