Categories: TECH

Take-Two is selling its indie games label Private Division


Take-Two did not disclose the buyer of Private Division or how much they paid. In an emailed statement to The Verge, Take-Two spokesperson Alan Lewis wrote:

We recently made the strategic decision to sell our Private Division label to focus our resources on growing our core and mobile businesses for the long-term. As part of this transaction, the buyer purchased our rights to substantially all of Private Division’s live and unreleased titles.

Take-Two will continue to support No Rest for the Wicked, which launched in Early Access on PC in April. We are grateful for the contributions that the Private Division team has made to our company and are confident that they will continue to achieve success in their new home.

Take-Two CEO Strauss Zelnick told GamesIndustry.biz that the buyer would be named soon and said, “The team of Private Division did a great job supporting independent developers and, almost to a one, every project they supported did well. However, the scale of those projects was, candidly, on the smaller side, and we’re in the business of making great big hits,” like the upcoming Grand Theft Auto VI.



Source link

Mainedigitalnews.com

Share
Published by
Mainedigitalnews.com

Recent Posts

Floridian Theatremakers Fight Back Against State and Local Governments in Arts Funding Battle

By Zachary Rivera. In Florida, state and local arts funding has become the site of…

2 days ago

NY Rangers Game 60 Open Thread: Rangers vs Columbus

The Rangers have three points in their last two games and actually won a game…

2 days ago

Nasdaq Joins Wall Street Push For Prediction Markets

One of Nasdaq’s options exchanges, Nasdaq MRX, has filed to offer cash-settled, binary-style contracts on…

2 days ago

How Winston Churchill’s ‘Iron Curtain’ speech launched the Cold War 80 years ago

Churchill reminded people how he had warned in the 1930s against the appeasement of Hitler…

2 days ago

Recognition Is Not Retrieval: Solving The Illusion Of Student Preparedness

contributed by Mike Brown, education researcher at preppool. Every educator has seen it. A thoughtful,…

2 days ago

Alan Cumming Apologizes for a ‘Trauma Triggering’ BAFTAs

Photo: James McCauley/Variety via Getty Images Alan Cumming issued a second apology for last week’s…

2 days ago