In a significant industry move, gaming powerhouse Take-Two Interactive has confirmed the sale of its indie publishing division, Private Division, to an undisclosed buyer. The announcement came during a recent investor call, marking a strategic pivot for the company behind blockbuster franchises like Grand Theft Auto.

A Legacy of Indie Success

Private Division has made its mark in the gaming industry by publishing several notable titles, including:

• The Outer Worlds
• Kerbal Space Program 2
• OlliOlli World
• After Us
• Ancestors: The Humankind Odyssey

Strategic Shift

Take-Two’s chairman Strauss Zelnick, in an interview with GamesIndustry.biz, indicated that the buyer’s identity would be revealed “relatively soon.” While the financial details remain under wraps, this move aligns with Take-Two’s renewed focus on developing high-budget titles and mobile games.

What This Means for the Industry

The sale represents a significant shift in Take-Two’s business strategy. The company plans to:

• Concentrate resources on AAA game development
• Expand its mobile gaming portfolio
• Move away from indie studio partnerships

This restructuring follows recent reports of Take-Two’s impressive sales figures for their flagship franchises. The company expressed gratitude for Private Division’s contributions and extended well wishes for their future endeavors under new ownership.

The gaming community now eagerly awaits the revelation of Private Division’s new owner, which could reshape the scene of indie game publishing. This development marks another significant change in an industry that continues to evolve rapidly.

Source: GamesIndustry.biz