The studios have been closed six months after Take-Two said it "didn't shutter those studios".
Take-Two has confirmed it has sold its indie Private Division publishing label, at the same time confirming it has closed OlliOlli World‘s Roll7 and Kerbal Space Program 2‘s Intercept Games.
The studio closures come six months after Take-Two CEO Strauss Zelnick said, “we didn’t shutter those studios”.
Private Division experienced waves of layoffs in both 2023 and 2024, the latter of which saw a 5% reduction across the entire company that prompted Zelnick’s assertion that studios hadn’t been closed.
As for Private Division, Zelnick said, “we recently made the strategic decision to sell [the 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.”
“The team of Private Division did a great job supporting independent developers and, almost to a one, every project they supported did well,” Zelnick said to GamesIndustry. “However, the scale of those projects was, candidly, on the smaller side, and we’re in the business of making great big hits.”
The buyer of Private Division has not yet been disclosed.
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