Take-Two sold the privately held unit to an unnamed buyer

Key conclusions

Take-Two sells Private Division, new owner unknown, possibly to avoid layoffs.
Layoffs and studio closures are affecting the gaming industry, even at dominant companies like Take-Two.

Take-Two Interactive sold Ordinary departmentalthough the new owner of the company is not yet known to the public. In many cases over the past few years in the games industry, major studios have turned to downsizing as a means of streamlining projects and saving money. Take-Two, the industry leader known to many as the owner of Rockstar Games and Zynga, has also faced its share of problems. By selling the privately held unit to an owner potentially better able to keep its team running smoothly, the company could avoid another round of layoffs.

It's been a tumultuous time for the gaming industry with rampant layoffs and studio closures, even affecting gaming giant Take-Two Interactive. The publisher closed Roller dome developer Roll7 along with Intercept Games, developer Kerbal 2 Space Program. While Take-Two's dominance of the gaming market is largely due to so many successful titles, it seems that the costs may have outweighed the benefits in some areas.

grand-theft-auto-6-still-releasing-fall-2025-development-update

Relatives

Grand Theft Auto 6 is getting an encouraging development update

Grand Theft Auto 6 is getting an encouraging development update that brings great news for gamers looking forward to Rockstar's upcoming release.

GTA 6 publisher Take-Two Interactive sold its indie company Private Division. Take-Two shared the information as part of its fiscal second quarter 2025 earnings results, and CEO Strauss Zelnick told Variety Magazine that the deal included the purchase of virtually all of Private Division's projects, including unpublished ones. Early access title There is no rest for the wicked meanwhile, will receive support from Take-Two. It's a big shift for both companies, but one that some people may have been waiting for for a while.

What does the future hold for the private sector?

In May 2024, IGN reporter Rebecca Valentine stated that Take-Two was “quietly killing off” the privately held division amid mass layoffs and cost-cutting efforts at the parent company. That month, Take-Two was reportedly considering selling the unit privately instead of shutting it down entirely. A private department responsible for publishing such games Outer worlds, Hadesand Tales of the Shire: The Lord of the Rings Game.gained attention after consistently publishing indie hits. However, with Take-Two focused on saving money and restructuring, fans were concerned about its position.

Taking the unit private under new management could benefit the company as it is no longer threatened with closure. Because Private Division retains ownership of the titles that may have caught gamers' attention in the first place, the company's brand will remain intact while gamers eagerly await the next release. The next big project for Private Division appears to be his upcoming collaboration with Pokemon developer Game Freak known as Blum project. Although the private unit is not closed, but its employees can be counted on Blum projectThe company's success helps that now that the company can't be attached to a corporation with the same amount of resources as Take-Two.