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Last Updated: Friday, 30 March 2007, 06:02 GMT 07:02 UK
Shake-up at Grand Theft Auto firm
Canis Canem Edit
Bully was among Take Two's controversial games
Shareholders in the publisher of computer game Grand Theft Auto have ousted five board members, including the chief executive.

Take-Two Interactive Software has been under fire for a string of financial irregularities and controversial games.

The shake up has seen former News Corp executive Ben Feder be appointed as chief executive to replace the previous head, Paul Eibeler.

Ex-BMG boss Strauss Zelnick has been made non-executive chairman.

Revitalise

The company has been mired in controversy for a string of financial irregularities - from overstated profits to illegally backdated stock options.

And many shops withdrew Grand Theft Auto: San Andreas after undisclosed explicit sex scenes were included.

The graphic images could be accessed using a software patch created by a fan of the game.

Another game, Bully - released in the UK under the title Canis Canem Edit - was criticised for its portrayal of school-based violence, though a US judge rejected attempts to ban it.

Mr Zelnick said the new board planned "to put in place strategies designed to revitalise Take Two".

It would focus on boosting profit margins and "supporting and enhancing" creative output, he said.

Mr Feder said that the new directors would work closely with Mr Eibeler to ensure a smooth transition.

Last month, former Take-Two chief executive Ryan Brant was the first top boss to be convicted of backdating stock options to increase their worth.




SEE ALSO
Coup at Grand Theft Auto company
08 Mar 07 |  Business
Judge clears Bully game release
16 Oct 06 |  Technology
Shareholders to sue over GTA sex
16 Feb 06 |  Technology
Uproar grows over GTA sex scenes
26 Jul 05 |  Technology
GTA sex scandal hits Australia
29 Jul 05 |  Technology
Sex controversy over GTA game
11 Jul 05 |  Technology
'Bully' game targeted in the US
13 Oct 06 |  Technology

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