tiprankstipranks

Take-Two looking to sell off or shut down Private Division, IGN reports

Take-Two’s reported plans to shut down studios such as Intercept Games and Roll7 are part of a bigger move by the game maker to either sell off or entirely shutter its indie label, Private Division, IGN’s Rebekah Valentine reports. CEO Strauss Zelnick told IGN earlier in May that the company “didn’t shutter” Intercept and Roll7, though multiple anonymous sources told IGN that Intercept will close on June 28, while Roll7 is similarly winding down. Meanwhile, Take-Two wants to rid itself of Private Division one way or another, the author notes.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue