Forbes: "Strauss Zelnick is chief executive officer of Take-Two Interactive Software, a New York-based video game publisher. Through its subsidiaries, including 2K Games and Rockstar Games, Take-Two publishes some of the biggest video franchises in the business, including Bioshock, Grand Theft Auto and Civilization. Their most recent releases include L.A. Noir and Duke Nukem Forever.
I spoke to him earlier this month at E3, the game business’ biggest annual trade show. The following excerpts from that conversation are edited for length and clarity."
Zelnick and Slatoff have received a $25m bonus for their management fund after sacking 550 people from Take Two Interactive.
I really don't even think CEO's should get bonuses. If I were a CEO and I made millions, I would like to think I wouldn't. Or if I had to legally, I would maybe find a way to disperse among the lower tier employees. Take my bonus and turn it into stocks to disperse out to those employees evenly.
CEO's work for shareholders and are shareholders they also rely on share price to receive their multimillion dollar paydays and they will happily fire thousands to protect shares. CEO's are there to extract the most value out of a company and give it to the wealthy few.
That is so god damn fucked up!! Unfortunately...I know damn well I will be still buying their games but shit like this should seriously have some sort of repercussion of some sort. 550 people get their lives totally up-ended and the leadership get a bonus on top of an already high salary. 25M could set those 550 people up with an annual salary each of $45,000. Depending on where you live, that is a very livable salary even...
The Take-Two lineup for next year looks epic, with releases like GTA 6, Borderlands 4, Judas, and Mafia: The Old Country all coming next year.
IMHO,
Judas in early 2025
Mafia 4 in mid 2025
Borderlands 4 in late 2025
GTA VI in early 2026
All within fiscal 2025.
Well I know for sure mafia devs and gta 6 will be 2 of the games that finally utilize this gen consoles power
Take-Two, the industry tycoon and owner of Rockstar Games, has an amazing line-up for 2025 outside of GTA 6.
GTA 6 is on my list, Mafia Old Country is in my cross hairs, and Borderlands 4 I am on the fence, and Judas also looks interesting.
Judas could be good but it will need some serious sales milestones to keep Ken Levine employed with 2K.
GTA6 is a no brainer. I am all in with that titan.
"Bioshock Infinite is getting a lot of play at this show… I talked to some crusty retail guy who said he watched the demo, and he was in tears at the end."
Really? He was crying? Damn, the Big Daddies must be tough in this one.