Take-Two has announced that an agreement with Cartoon Network has been signed, giving Take-Two first dibs on the rights to publish and develop games based on Cartoon Network properties. Given this opportunity, the company has already announced plans to develop a game entitled Codename: Kid's Next Door. Development of the upcoming games will be handled by Take-Two Licensing, a subsidiary created after the company's purchase of TDK Mediactive.
"Both Cartoon Network and Take-Two have been successful in creating worldwide entertainment brands," said John Friend, senior vice president of Cartoon Network Enterprises, Cartoon Network's licensing division. "This partnership will harness the strengths of both companies to build on existing brands and create new ones. Ultimately, we hope to see the simultaneous launch of a new series with a multi-platform video game."
Source: Take-Two Press Release