Three BMG Interactive executives- Dan Houser, Sam Houser, and Jamie King-as well as Gary Foreman of BMG Interactive and Terry Donovan of BMG Entertainment's Arista Records record label, subsequently moved to New York City to work for Take-Two Interactive. The deal was announced to have closed on March 25. Through this acquisition, Take-Two obtained several of BMG Interactive's former intellectual properties, including DMA Design's Grand Theft Auto and Space Station Silicon Valley. In exchange, Take-Two was to issue 1.85 million shares (around 16%) of its common stock to BMG Entertainment.

On March 12, 1998, Take-Two Interactive announced its acquisition of the assets of dormant British video game publisher BMG Interactive from BMG Entertainment (a unit of Bertelsmann). Dan left the company in 2020 Sam is the president. History Brothers Dan Houser (left) and Sam Houser (right) are two of the co-founders of Rockstar Games. Other popular franchises published by Rockstar Games are Red Dead, Midnight Club, Max Payne, and Manhunt. The most recent main game in the series, Grand Theft Auto V, has sold over 170 million copies since its release in September 2013, making it the second- best-selling video game of all time. One of such action-adventure game franchises is Grand Theft Auto, which Rockstar Games took over from BMG Interactive, which published the series' original 1997 entry. Rockstar Games predominantly publishes games in the action-adventure genre, while racing games also saw success for the company. Rockstar Games also sports a motion capture studio in Bethpage, New York. In this context, Rockstar Games is sometimes also referred to as Rockstar New York, Rockstar NY or Rockstar NYC. All companies organized under Rockstar Games bear the 'Rockstar' name and logo. Since 1999, several companies acquired by or established under Take-Two have become part of Rockstar Games, such as Rockstar Canada (later renamed Rockstar Toronto) becoming the first one in 1999, and Rockstar Dundee the most recent in 2020. Sam Houser heads the studio as president. Founding members of the company were Terry Donovan, Gary Foreman, Dan and Sam Houser, and Jamie King, who worked for Take-Two at the time, and of which the Houser brothers were previously executives at BMG Interactive. The company was established in December 1998 as a subsidiary of Take-Two Interactive, using the assets Take-Two had previously acquired from BMG Interactive. is an American video game publisher based in New York City.

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