Take-Two has sold its indie publishing label Private Division.
It announced the move alongside its second quarter earnings results on Wednesday, but it didn’t disclose who the studio was sold to or for how much.
“We recently made the strategic decision to sell our Private Division label so we could focus our resources on growing our core businesses for the long term,” Take-Two CEO Strauss Zelnick told Variety. “So as part of that transaction, the buyer purchased substantially all of Private Division’s existing and unreleased titles.
“However, Take Two continues to support No Rest for the Wicked, which launched in April on early access. Importantly, we’re grateful to the contributions that the Private Division team made to Take Two, and we’re confident that they’ll continue to achieve success.”
It was claimed in May that Take-Two had laid off the “vast majority” of Private Division staff, and that it was shutting its Kerbal Space Program 2 developer Intercept Games and OlliOlli World studio Roll7.
On Wednesday, the publisher confirmed that it had indeed closed the two studios ahead of a sale.
Private Division was established in 2017 to “publish games from top creative talent in the growing independent development landscape”.
Its published titles include Panache Digital Games’ Ancestors: The Humankind Odyssey, Obsidian’s The Outer Worlds, Piccolo Studio’s After Us, Die Gute Fabrik’s Saltsea Chronicles and Evening Star’s Penny’s Big Breakaway.
It announced last May that it had signed a new action-adventure IP from Pokémon studio Game Freak, codenamed Project Bloom, which was expected to be released during Take-Two’s fiscal year ending in March 2026.
Obsidian Entertainment
Game Freak
Strauss Zelnick
Private Division