Take-Two Sells Indie Label Private Division to Focus on Blockbusters
TL;DR
Take-Two Interactive has sold its Private Division publishing label to an undisclosed buyer, as the company shifts focus towards producing larger blockbuster games like Grand Theft Auto. Private Division, known for publishing titles such as Obsidian's The Outer Worlds, will continue to hold rights to its existing catalogue, excluding the sequel to The Outer Worlds, which is being published by Xbox. The buyer's identity is expected to be revealed soon, but it has been confirmed that Microsoft is not involved in the acquisition.
Topics:technologybusiness#business#grand-theft-auto#obsidian-entertainment#private-division#take-two-interactive#video-game-publishing
- Take-Two is selling Outer Worlds publisher Private Division because it says it's in the "business of making great big hits" like Grand Theft Auto — but was Xbox the buyer? Windows Central
- Zelnick on Private Division sale: "Those projects were smaller, we're in the business of big hits" GamesIndustry.biz
- Take-Two is selling its indie games label Private Division The Verge
- Take-Two Interactive Reveals Sale of ‘Tales of the Shire’ Developer Private Division in Latest Earnings; CEO Looks Forward to ‘More Sensible FTC’ Under Trump Variety
- Take-Two Sells Small-Game Division for Undisclosed Sum Bloomberg
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