Take-Two ‘in growth mode,’ CEO open to buying more studios
Grand Theft Studio Remember howGrand Theft Auto Vmadeislands full of money? Publisher Take-Two is in a good spot with a billion in cash on hand. What to do with it. Maybe blow it on scratchers and cigarettes? CEO Strauss Zelnick has three alternatives that some might call “better.” “We have the opportunity to support organic growth with our balance sheet,” he says, which has typically been Take-Two’s method; building studios internally....