News

Take-Two Sells Its Indie Games Label, Private Division

The gaming industry is facing significant challenges, with major companies like Xbox, Nintendo, and PlayStation making tough decisions amidst economic pressures. In a similar move, Take-Two Interactive, known for owning Rockstar Games, has decided to part ways with its indie games label, Private Division.

Strategic Shift Towards Core Business Focus

The company officially announced its decision to sell Private Division, emphasizing a strategy to concentrate resources on core business areas. During the release of its second-quarter financial results, Take-Two CEO Strauss Zelnick noted that the sale would encompass most of the label’s current and upcoming titles. However, specific details regarding the buyer or transaction amount remain undisclosed.

Despite the sale, Take-Two will continue to support No Rest for the Wicked, a game launched in early access in April of this year. Zelnick expressed gratitude to the Private Division team, saying he is confident the label will continue to succeed in its new phase.

Earlier reports in May hinted at layoffs and the closure of Intercept Games and Roll7 studios, developers behind titles like Kerbal Space Program 2 and OlliOlli World. Take-Two later confirmed these closures.

Founded in 2017, Private Division aimed to publish games from notable indie developers, boasting hits such as Ancestors: The Humankind Odyssey by Panache Digital Games and The Outer Worlds by Obsidian, solidifying its legacy in the indie scene.

Solomon Thompson

Disqus Comments Loading...

Recent Posts

Take-Two Says Borderlands Movie Boosted Game Sales Despite Disappointing Release

A couple of months ago, the long-awaited Borderlands movie finally hit theaters. Despite years of…

3 hours ago

Death Stranding: Director’s Cut Arrives on Xbox Series X|S

On November 8, 2019, Death Stranding arrived on the PlayStation 4, positioning itself as one…

4 hours ago

Ryzen 7 9800X3D Hits 1,300 FPS in CS2, 1,500 FPS in Valorant at 6.9 GHz with 100W

ASUS China’s General Manager, Tony Yu, recently shared his impressive overclocking tests of the AMD…

6 hours ago

Medion SPRCHRGD 14 S1 Elite 14″ 2.8k 120Hz Snapdragon X Elite Laptop

The MEDION SPRCHRGD 14 S1 Elite laptop combines outstanding performance, advanced AI technology and elegant…

7 hours ago

Snapdragon X Elite Can Run More Games & Apps With New Microsoft X64 Emulator

Although it is surprising what the x86-64 instruction emulation system that Microsoft has achieved in…

7 hours ago

Acer Predator 27″ Quad HD 240Hz FreeSync Premium OLED

The Acer Predator X27U is a 27-inch OLED gaming monitor that combines stunning visuals and…

7 hours ago