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Breaking: Beyond Headlines!

Take-Two Interactive has sold Outer Worlds and indie game publisher Private Division
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Take-Two Interactive has sold Outer Worlds and indie game publisher Private Division

RGT Parent company Take-Two Interactive has sold its independent game publishing label Private Division to an unknown buyer. The news comes a few months later Take-Two shut down Roll7 and Interceptand Take-Two CEO Strauss Zelnick says it’s part of the company’s shift toward mobile and blockbuster games.

“The Private Division team has done a great job supporting independent developers and, almost to a one, every project they have supported has done well,” Zelnick said. GamesIndustry.biz. “However, the scale of these projects was, frankly, quite modest, and we are in the process of achieving some very big successes.”

“We made this strategic decision so that we can focus all of our resources on growing our core and mobile businesses for the long term,” Zelnick continued. “We truly are the best at these big AAA experiences. We own the greatest intellectual properties in the interactive entertainment industry, some of the greatest intellectual properties in the overall entertainment industry, and create sequels to existing beloved franchises as well as creating new successful intellectual properties are our mission.

The game acquisition frenzy dating back to the heady days when Microsoft announced plans to buy Activision Blizzard – a frenzy that led to studio closures and thousands of layoffs – has faded. With Embracer no longer acquiring studios and with Zelnick giving no indication as to who the buyer might be, it’s impossible to make an informed guess as to who might own Private Division now.

Zelnick said Take-Two would continue to support Moon Studio’s recent action-RPG, No Rest for the Wicked, for the foreseeable future.