"I'm much more interested in growing the business than in selling it, to be clear," Zelnick said at the summit. "I imagine headcount will grow. This is a growth business. We are in growth mode."

Zelnick went on to say the company plans on publishing more original IPs than licensed properties. "From a specific point of view, what we find most compelling is building up our collection of our intellectual property," the chairman said.

Although Take-Two predicts a net loss for the current fiscal year, the company believes the release of Grand Theft Auto IV (X360, PS3) and other titles during fiscal 2008 should lead it to profitability.