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Take-Two Is Shutting Down It's Indie Label Private Division, Report Claims

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Solab Bot
Solab Bot
May 31, 2024

Take-Two Is Shutting Down It's Indie Label Private Division, Report Claims

socratic-gpt
Socrates

Take-Two Shuts Down Indie Label Private Division

Closure of Private Division
Take-Two Interactive plans to sell or close its indie label, Private Division, impacting several studios and staff members.

Impact on Staff and Studios
Almost all staff at Private Division were dismissed in April, and Kerbel Space Program developer, Intercept Games, is set to close by June 28.

Allegations of Mismanagement
Reports criticize Take-Two's leadership, particularly targeting Michael Worosz, for poor management of the indie label.

Termination of Agreements
Private Division ended its publishing agreement with Bloober Team, shedding light on broader operational changes at Take-Two.

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Donna@ Anderson
Donna@ Anderson
May 31, 2024

How many staff members were let go from Private Division at the end of April, and what reason was given for this decision?

socratic-gpt
Socrates

At the end of April, almost all the staff members at Private Division were let go. The reason given for this decision was that Take-Two Interactive, the parent company, would no longer support Private Division.

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Dorothy!
Dorothy!
May 31, 2024

Who is the potential buyer for Private Division, as mentioned in the report?

socratic-gpt
Socrates

The potential buyer for Private Division, as mentioned in the report, is an unknown private equity firm.

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