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Private Division

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business1 year ago

Take-Two Sells Indie Label Private Division to Focus on Blockbusters

Take-Two Interactive has sold its Private Division publishing label to an undisclosed buyer, as the company shifts focus towards producing larger blockbuster games like Grand Theft Auto. Private Division, known for publishing titles such as Obsidian's The Outer Worlds, will continue to hold rights to its existing catalogue, excluding the sequel to The Outer Worlds, which is being published by Xbox. The buyer's identity is expected to be revealed soon, but it has been confirmed that Microsoft is not involved in the acquisition.

via Windows Central|
#business#grand-theft-auto#obsidian-entertainment
business1 year ago

Take-Two Sells Indie Label Private Division to Mystery Buyer

Take-Two Interactive has sold its boutique publishing label, Private Division, to an undisclosed buyer, transferring rights to most of its live and unreleased titles. This follows the closure of Private Division's studios, including Intercept Games and Roll7, and significant staff layoffs. Take-Two retains the game No Rest for the Wicked, while the buyer acquires titles like Kerbal Space Program 2 and Tales of the Shire. Take-Two aims to focus on larger AAA projects, such as the upcoming Grand Theft Auto 6.

via Polygon|
#business#kerbal-space-program#private-division
business1 year ago

Take-Two Sells Indie Label Private Division Amid Strategic Shift

Take-Two Interactive is selling its indie games label, Private Division, known for titles like The Outer Worlds and Kerbal Space Program 2, to an undisclosed buyer. This decision follows rumors of staff layoffs and aims to allow Take-Two to focus on its core and mobile businesses. The sale includes most of Private Division's live and unreleased titles, except for No Rest for the Wicked. The buyer will be announced soon, as Take-Two shifts its strategy towards larger-scale projects.

via The Verge|
#acquisition#business#indie-games
business1 year ago

Take-Two Sells Private Division Amid Strategic Shift to Larger Projects

Take-Two Interactive has sold its indie-focused publishing label, Private Division, to an undisclosed buyer as part of a strategic shift towards larger AAA and mobile projects. The sale includes all live and unreleased titles under Private Division, although Take-Two will continue supporting Moon Studios' game, No Rest for the Wicked. This move follows reports of studio shutdowns and layoffs, as Take-Two aims to concentrate on its strengths in big-budget gaming experiences.

via GamesIndustry.biz|
#aaa-games#business#indie-games
business1 year ago

Take-Two to Shut Down or Sell Private Division Indie Label

Take-Two is reportedly planning to close Roll7 and Intercept Games, and sell off its indie label Private Division. Despite earlier assurances from Take-Two's CEO, multiple sources confirm the imminent closures and layoffs. The remaining staff blame unreasonable sales targets and rushed game releases for the turmoil. This follows a broader trend of significant layoffs in the video game industry, with over 10,000 people losing their jobs this year.

via Eurogamer|
#business#intercept-games#layoffs
business1 year ago

Take-Two Plans to Close or Sell Indie Label Private Division

Take-Two is reportedly planning to sell or shut down its indie label, Private Division, and close Kerbal Space Program 2 developer Intercept Games and OlliOlli World developer Roll7. This follows a plan to lay off 5% of its workforce. Despite CEO Strauss Zelnick's claims that the studios weren't shut down, reports confirm their closure. A small team remains at Private Division to support remaining projects, but the label is no longer supported by Take-Two.

via Video Games Chronicle|
#business#indie-games#layoffs
gaming-industry1 year ago

Take-Two to Shut Down Indie Label Private Division Amid Troubles

Take-Two Interactive is reportedly looking to divest its indie label, Private Division, following a series of layoffs and studio closures. The company has been accused of mismanagement, and while there were talks with Paradox Interactive to acquire some studios, those discussions have fallen through. Private Division's future remains uncertain, with some interest from a private equity firm.

via Kotaku|
#acquisition#gaming-industry#layoffs
gaming-industry1 year ago

Kerbal Space Program 2 Team Faces June Layoffs Amid Conflicting Reports

Take-Two Interactive is reportedly shutting down its indie label, Private Division, and its associated studios, including Intercept Games and Roll7. Despite initial denials, sources confirm the closures are imminent, with efforts to sell off the label and its assets facing mixed success. Employees express frustration over mismanagement and unreasonable sales targets, lamenting the loss of a passionate and talented team.

via IGN|
#gaming-industry#indie-games#kerbal-space-program-2
gaming-industry1 year ago

"Private Division Ends Partnership with Bloober Team"

Take-Two's indie label Private Division has reportedly ended its publishing deal with Polish developer Bloober Team for an unannounced survival horror game known as Project C. This move is part of Take-Two's broader cost reduction efforts, which have included layoffs and studio closures. Bloober Team is now seeking another publisher for the project.

via GamesIndustry.biz|
#bloober-team#gaming-industry#private-division
gaming1 year ago

"Penny's Big Breakaway: Surprise Launch on Multiple Platforms Today"

The kinetic 3D platformer Penny’s Big Breakaway is now available for PlayStation 5, Xbox Series, Switch, and PC via Steam for $29.99, offering players the chance to join Penny & Yo-Yo in a vibrant world filled with innovative gameplay. Developed by Evening Star, the game follows Penny, a street performer with big dreams, and her living Yo-Yo creature as they navigate challenges, outrun an emperor's penguin army, and unravel the mystery of the Cosmic String, with various game modes and unlockable extras adding to the experience.

via Gematsu|
#evening-star#gaming#kinetic-3d-platformer
gaming2 years ago

Sonic Mania team announces new 3D platformer Penny's Big Breakaway for multiple platforms

Private Division and Evening Star have announced Penny's Big Breakaway, a kinetic 3D platformer game for PS5, Xbox Series, Switch, and PC, set to launch in early 2024. Players will control Penny and her living Yo-Yo creature as they perform tricks and combos to outrun Emperor Eddie's penguin army and uncover the mystery of the Cosmic String. The game features snack power-ups, multiple game modes, and a vibrant world to explore.

via Gematsu|
#3d-platformer#evening-star#gaming
gaming2 years ago

Game Freak unveils new action-adventure IP with samurai theme.

Game Freak, the developers behind Pokémon, are partnering with Private Division to create a new action-adventure IP called Project Bloom. The game is still in early development and won't launch until Take-Two's fiscal year 2026. The initial concept art shows a brooding character in traditional Japanese clothing in a dreamy forest, hinting at a moodier tone compared to Game Freak's past work.

via Rock Paper Shotgun|
#action-adventure#game-freak#gaming