Take-Two CEO says product delays signal an “unwavering commitment to quality”

Take-Two Interactive didn’t hit its financial targets for the fiscal year ended March 31, 2012. But Strauss Zelnick, chief executive of the New York video game publisher, said that was because the company delayed several games so it could make sure they were done right. This “unwavering commitment to quality” is the right approach to maximizing shareholder value, Zelnick said.

Why Max Payne 3 could be this year’s next big blockbuster video game

Beware the ides of May. Max Payne 3 debuts on May 15, a significant time for gamers that Rockstar Games has pretty much owned for the past few years. The game developer, a division of Take-Two Interactive, wants to repeat history by launching one of the year’s blockbuster games at a time when gamers are have traditionally embraced big games. Now that Electronic Arts/BioWare has released Mass Effect 3, gamers are looking for the next big game, and the next big releases will come in mid-May again.

How Zynga’s IPO went from a $20B valuation to $8.9B in five months

When credible reports about Zynga’s upcoming IPO filing started flying this July, expectations for the social gaming giant’s value were running $15 billion to $20 billion. Now, with Zynga detailing the offering ahead of trading set to start December 15th, the actual offering price could value the company from $5.9 billion to $6.99 billion, or $7.6 billion to $8.9 billion including employee stock options.