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Take-Two Management Does Double-Take

GRAND THEFT AUTO
GRAND THEFT AUTO

It’s day one for Take-Two Interactive’s new management team. The one who led the shareholder revolt is the new chairman, Strauss Zelnick, who is also a founding partner of ZelnickMedia.

Zelnick joined CNBC's Melissa Lee on "Street Signs" Friday afternoon, to talk about the new team at Take-Two.

“Take-Two has exceptional brands and creative resources,” said Zelnick, who expects the team to come up with a strategy outline within the next three to six months. The new board plans to implement strategies to revitalize Take-Two, via a "focus on supporting and enhancing creativity,” said Zelnick.

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  • Brian Sullivan is co-anchor of CNBC's "Street Signs."

  • Co-anchor of CNBC's "Street Signs," Amanda Drury is based at the network's global headquarters in Englewood Cliffs, N.J.