8-KOther Events

TAKE TWO INTERACTIVE SOFTWARE INC 8-K Report (May 8, 2002)

Filed May 8, 2002For Securities:TTWO

Summary

Take-Two Interactive Software, Inc. filed a Form 8-K on May 8, 2002, primarily to unredact portions of previously filed material agreements. This filing is significant for investors as it provides greater transparency into key contractual relationships. Specifically, the company is making public previously confidential sections of its Licensed Publisher Agreement with Sony Computer Entertainment America, Inc., dated April 1, 2000. Additionally, Take-Two is filing an unredacted version of a Letter Agreement with Apogee Software, Ltd., dated July 26, 2001. These unredactions allow investors to gain a more comprehensive understanding of the terms and conditions governing these important partnerships, which are crucial for the company's product distribution and revenue generation strategies in the gaming industry.

Key Highlights

  • 1Take-Two Interactive Software, Inc. is filing an 8-K on May 8, 2002, for disclosure purposes.
  • 2The primary purpose is to unredact previously confidential portions of key agreements.
  • 3The Licensed Publisher Agreement with Sony Computer Entertainment America, Inc. (dated April 1, 2000) will have specific sections made public.
  • 4A Letter Agreement with Apogee Software, Ltd. (dated July 26, 2001) is also being filed in an unredacted form.
  • 5This filing enhances transparency into important commercial relationships.
  • 6Investors can now review more details of the terms with major partners like Sony and Apogee.

Frequently Asked Questions

The main purpose of this 8-K filing is to unredact and make public previously confidential sections of two key agreements: the Licensed Publisher Agreement with Sony Computer Entertainment America, Inc., and a Letter Agreement with Apogee Software, Ltd. This provides investors with more detailed information about these partnerships.

The agreements being unredacted are the Licensed Publisher Agreement dated April 1, 2000, between Take Two Interactive Software, Inc. and Sony Computer Entertainment America, Inc., and the Letter Agreement dated July 26, 2001, between Take Two Interactive Software, Inc. and Apogee Software, Ltd.

The unredaction is important for investors because it offers greater transparency into the terms and conditions of Take-Two's significant partnerships. Understanding these contractual details can provide insights into revenue streams, product commitments, and the strategic importance of these relationships to the company's business operations and future growth.