Terry Donovan co-founded Rockstar Games along with the Houser brothers, Sam and Dan. Donovan was the Vice-President of Marketing for Take-Two from June 1999 until December 2006. Donovan was responsible for managing Take-Two and Rockstar Games' marketing, branding and public relations campaigns. Prior to joining Take-Two Interactive, Donovan worked for BMG for five years eventually managing a group of seven labels. Donovan earned a Bachelor of Arts degree in Philosophy from Birmingham University in the United Kingdom.

Donovan confirmed that he had moved on from the company, after he took a leave of absence in September 2006 and then decided in December that year that he would not be returning. In January 2007, Take-Two had a replacement for Donovan, recruiting Capcom's European managing director Gary Dale in the position of Rockstar's CEO.