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Take-Two decided EA’s $2bn offer was "Not in the best interests of its stockholders” and rejected the bid. We believe EA’s unsolicited offer is highly opportunistic and is attempting to take advantage of our upcoming release of Grand Theft Auto IV, one of the most valuable and durable franchises in …

President of Sony Computer Entertainment Worldwide Studios Phil Harrison will resign as of February 29, 2008. Kazuo Hirai, President and Group CEO of SCEI, will immediately assume responsibilities as president of SCE WWS, in addition to his current duties. As one of the founding members of SCE, Phil played a …

Electronic Arts has made public an offer to acquire rival publisher Take Two for around $2bn, revealing that the two have been in talks to merge, although the GTA publisher has so far spurned EA’s advances. The all cash merger has been proposed by EA CEO John Riccitiello at $26 …

Following on from the news that EA would like to buy Take Two, we’re publishing in full the letter from Electronic Arts CEO John Riccitiello to Take Two exec chairman Strauss Zelnick outlining why the merger would be beneficial to all: February 19, 2008 Mr. Strauss ZelnickExecutive Chairman of the …

Comprehensive listing of all the news and announcements here on developmag.com

Want to catch up on what happened at the 2008 Game Developers Conference? Develop was on hand throughout the event to cover the key sessions and breaking news. Here's a round-up of all our headlinesâ?¦

GDC08: Platform adds 'elasticity' to game pricing but won't hurt retail said format holder

GDC08: Downloadable content also on the cards for boxed games, too

Nvision 08 takes place from August 25th to 27th

Industry asked to chip in to UK developerâ??s extensive â??08 charity plans in support of Marie Curie