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T2 Secures GTA Talent through 2012

Take-Two Interactive may have just secured its future.

Only a few days after Grand Theft Auto IV received "Game of the Year" honors at Spike's Video Game Awards, Take-Two Interactive announced that it has secured much of the talent behind the heralded series. The move included new contracts with many prominent members of Rockstar Games, the studio behind the GTA series as well as Bully, The Warriors, and the Midnight Club series.

The two most important contract renewals were those of Sam and Dan Houser, the founders of Rockstar Games and the two men most credited with the studios success. According to Kotaku, the new employment agreements come with a new profit-based incentive plan, allowing for the development team to get money generated by sales.

“The entire Rockstar team has always been dedicated to making groundbreaking games with unprecedented production values, style and depth," said Rockstar co-founder San Houser. "We are excited to continue our partnership with the new management team at Take-Two, who have helped us to protect the unique atmosphere that fosters creativity and innovation."

Strauss Zelnick, Chairman of Take-Two, commented, “We’re delighted with the extension and expansion of Take-Two’s relationship with the Rockstar team. The talent and creativity at Rockstar are unparalleled in our industry. Their dedication to making extraordinary games has captured the enthusiasm of millions of fans around the world and has contributed enormously to establishing Take-Two as a force in the global video game marketplace and advancing our goal to become the most creative and most innovative company in the industry. In addition, this new chapter in our successful relationship further aligns the interests of our creative teams with those of our shareholders.”

In addition to the new contracts, Take-Two also agreed to fund projects based on new IP from a newly created company owned by members of Rockstar. Take-Two will also be the publisher of these new titles.

As recently as September, many were worried that the Houser brothers may be lured away from Rockstar and Take-Two, and that a bidding war may have ensued between Take-Two and other big publishers like EA and Activision. With the Houser brothers, and other Rockstar members secure, it looks like we'll be enjoying GTA games and new IP-based titles for the next several years.