Take-Two Sells Private Division Amid Strategic Shift to Larger Projects
TL;DR
Take-Two Interactive has sold its indie-focused publishing label, Private Division, to an undisclosed buyer as part of a strategic shift towards larger AAA and mobile projects. The sale includes all live and unreleased titles under Private Division, although Take-Two will continue supporting Moon Studios' game, No Rest for the Wicked. This move follows reports of studio shutdowns and layoffs, as Take-Two aims to concentrate on its strengths in big-budget gaming experiences.
Topics:technologybusiness#aaa-games#business#indie-games#private-division#studio-shutdowns#take-two-interactive
- Zelnick on Private Division sale: "Those projects were smaller, we're in the business of big hits" GamesIndustry.biz
- Take-Two Interactive Reveals Sale of ‘Tales of the Shire’ Developer Private Division in Q3 Earnings; CEO Looks Forward to ‘More Sensible FTC’ Under Trump Variety
- Private Division Sold to Unknown Buyer in the Wake of Take-Two Shuttering Two of Its Studios IGN
- Take-Two Sells Small-Game Division for Undisclosed Sum Bloomberg
- Take-Two Sells Indie Publisher Private Division to Unknown Buyer Insider Gaming
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