Take Two has sold its Private Division imprint to a currently unknown buyer

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Take Two has sold its Private Division imprint to a currently unknown buyer

buyer, Division, imprint, Private, sold, Unknown

Maybe you still remember the case of Marvel’s Midnight Suns, which has not yet arrived on Nintendo Switch nor will it: it was canceled for the console last year. Now we get more news from those responsible, Take Two.

A new official movement in the company after the rumors of studio closures a few months ago. Take-Two Interactive Software has sold its indie games publishing label, Private Divisionto an undisclosed buyer. He does this to focus on larger projects.

He has also confirmed these details:

Other content in this category:
  • Take-Two CEO Strauss Zelnick indicated that the buyer will be announced “relatively soon.”
  • The sale includes the Private Division brand and all of its active and unreleased projects.
  • Take-Two will continue supporting the action role-playing game No Rest for the Wicked from Moon Studios, which launched in early access on Steam and is planned for full release on PlayStation 5, Xbox Series, and PC.
  • Tales of the Shire: A The Lord of the Rings Game, a single-player life simulation game developed by Private Division and Weta Workshop, will launch on March 25, 2025 on PlayStation 5, Xbox Series, Switch, and PC.
  • In May, Bloomberg reported that Take-Two planned to close Private Division’s subsidiary studios, Roll7 e Intercept Games. Although Zelnick denied this, a Take-Two spokesperson confirmed today that both studios were closed prior to the sale of Private Division.

In April, Take-Two announced it would reduce its workforce by about five percent by the end of 2024, equivalent to about 600 employees. What do you think of this news that reaches us now? We read you.

Fuente.

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