Take-Two Interactive has unveiled a “100-day plan” for revitalization
The new management at Take-Two Interactive has unveiled a “100-day plan” for revitalizing and restructuring the video game publisher’s business. As part of the plan, interim CEO Ben Feder said in a Tuesday conference call that the company would concentrate on reviewing and optimizing the organizational structure, complete the hiring of all key management that recently left the company and address the cost structure of the firm.
Take-Two also will look at developing strategic alternatives for assets that it terms as “noncore” to its business and look to make all “core” businesses profitable, said Feder. However, profitability of Take-Two’s 2K Sports division, which had earlier been forecast to happen in calendar 2007, might get delayed till the next year, said Zelnick.
Comments are closed.