Report: Disgraced Former T2 CEO Sells Recent Startup Game Company

June 4, 2008 -

Fortune.com reports that Ryan Brant (left), who pleaded guilty to committing massive fraud during his tenure as CEO of Grand Theft Auto publisher Take-Two Interactive, has sold his newly-started game development company.

In late April Newsweek's N'Gai Croal broke the news that Brant was back in the gaming biz as part of GreenScreen Interactive, although not as a corporate officer. Brant is barred from holding office in a public company as part of his 2007 guilty plea on fraud charges.

Of the GreenScreen sale, Fortune reports:

Brant agreed to sell the videogame company he recently founded, GreenScreen Interactive Software, to a company called Mandalay Media, whose co-chairmen are Peter Guber - the Hollywood producer behind "Midnight Express" and "The Color Purple" - and CEO Bruce Stein, a former Mattel and Sony executive...

According to a regulatory filing, GreenScreen and Mandalay entered into merger talks after Mandalay pledged a $2 million bridge loan, collateralized by GreenScreen's corporate assets...

Not much is publicly known about GreenScreen - or Brant's role in the company... Nowhere does the company's Web site mention Brant... Brant may well have turned a corner in the way he does business, choosing a quiet life of video game development over fraud and self-dealing.

New York Post reporter Roddy Boyd, who has often written about Take-Two for the newspaper, penned the Fortune.com piece.

Posted in

Comments

Re: Report: Disgraced Former T2 CEO Sells Recent Startup Game

Submitted by Parallax Abstraction (not verified) on Wed, 06/04/2008 - 11:23.

Very strange that he's bailing on the company so shortly after it was founded. Wasn't it like 2 weeks ago that they announced the acquisition of DSI Games and Zoo Publishing, those two shovelware companies that had been around for several eyars? They seemed to have a long-term strategy setup but are bailing out almost immediately. I always believed that Brant was involved as the name of the company uses the same styling as his previous company (GreenScreen Interactive Software whereas his previous company is Take-Two Interactive Software.) Very odd turn of events.

Shout box

Andrew Eisen: I have it. The problem, so far as I can tell, is neither of them allow me to overlay my webcam feed or text links to my Extra-Life fundraising page.10/19/2014 - 4:08pm

quiknkold: and yes, its free10/19/2014 - 4:05pm

quiknkold: should grab Hauppauge capture. has mic support and can upload directly to youtube10/19/2014 - 4:05pm

Andrew Eisen: The former.10/19/2014 - 4:00pm

quiknkold: was it StreamEez, or the StreamEez feature in Hauppauge Capture? cause I know Capture has alot more support from the devs.10/19/2014 - 3:54pm

Andrew Eisen: I actually tried StreamEez last week. Flat out didn't work.10/19/2014 - 3:53pm

quiknkold: I use the Hauppauge Capture software's StreamEez. Arcsoft showbiz for recording. I just streamed a few hours of Persona 4 Golden with zero problem using the program. Xsplit is finniky when it comes to Hauppauge10/19/2014 - 3:40pm

Andrew Eisen: Trying to capture console games and broadcast with Open Broadcaster System because I've had technical difficulties using XSplit 3 weeks in a row.10/19/2014 - 3:37pm

quiknkold: and what are you trying to capture?10/19/2014 - 3:31pm

quiknkold: same one I have. ok. what program are you using?10/19/2014 - 3:31pm

Andrew Eisen: Haupaugge HD PVR 210/19/2014 - 3:28pm

quiknkold: What Capture Card are you using, Andrew10/19/2014 - 3:26pm

quiknkold: I know Biddle isnt Kotaku. he's just a employee. Its up to Kotaku if they want to punish him for being a public representative of Kotaku...well...I wouldnt be against it.10/19/2014 - 3:26pm

Andrew Eisen: Lovely, my capture card is not (yet) compatible with the broadcaster I want to use. Let's hope my workaround works!10/19/2014 - 3:19pm

Andrew Eisen: If you find Biddle's statement off-putting, then you're certainly directing your distaste at the correct entity.10/19/2014 - 3:18pm

quiknkold: as somebody who once had his skull fractured behind a grocery store as a kid because I was a nerd. Sam Biddle can eff himself with barbwire10/19/2014 - 2:59pm

Matthew Wilson: I dont agree with it, but that doesnt mean its not true sadly.10/19/2014 - 2:36pm

Andrew Eisen: Which I find to be (in most cases) extraordinarily petty.10/19/2014 - 2:34pm

Matthew Wilson: I get the joke andrew. In the social media age, if you say somthing stupid people will take it out on the company you work for.10/19/2014 - 2:30pm

Papa Midnight: It's Gawker. I'm not sure his comments can really do much to lower whatever modicum of perceived crediiblity that network of sites may have.10/19/2014 - 2:27pm

All shouts

<< Return To Top

Forgot your password?
Username :
Password :