Two of Rockstar Games' founding fathers have come out with their new company called 4mm. The founders are Jamie King - who left R* in 2006, and (according to Variety at least), Gary Foreman.
According to RockstarWatch, "For anyone worried about Rockstar, don't be. No one is leaving Rockstar, not even the Houser brothers. This is more of a side project for the Housers. The day to day operations of 4mm are under the control of Jamie King who left Rockstar back in 2006 to be at 4mm full time."
The company "hopes to reinvent the roll out of new titles using the Web" and "developing online worlds that will define social gaming."
See Jamie King talking about his new venture below. See the very sparse 4mm games site here.