Corporate Restructuring at Take-Two Interactive
In a significant corporate restructuring, Take-Two Interactive has confirmed a reduction in its workforce by approximately 5%. This strategic decision has led to the closure of two of its subsidiary studios: Intercept Games in Seattle and Roll7 in the U.K.
Intercept Games, known for their work on the anticipated Kerbal Space Program 2, was established in 2020 as part of Private Division, Take-Two’s publishing arm for smaller projects. The studio was staffed by a team that included veterans from the original Kerbal Space Program. Roll7, on the other hand, came into the Take-Two fold in 2021 and has a reputation for developing engaging titles like Ollie Ollie World and the more recent Rollerdrome.
These closures come amidst the backdrop of Take-Two Interactive’s ongoing acquisition of Gearbox Software, the creators of the Borderlands series, in a transaction valued at 0 million.
Insights into Private Division’s Endeavors
Since its inception in 2017, Private Division has been instrumental in partnering with independent studios to bring innovative games to market. These collaborations have included working with Obsidian Entertainment on The Outer Worlds prior to Obsidian’s acquisition by Microsoft. Another notable partnership has been with Moon Studios, the creators of Ori, on their new title No Rest for the Wicked, which is available in early access.
However, not all projects are continuing under Private Division’s banner. For instance, Yellow Brick Games has opted to self-publish its debut game, Eternal Strands, moving away from a publishing contract with Private Division.
Broader Implications for Private Division
The layoffs at Take-Two Interactive have significantly impacted Private Division, with the cessation of internal development at the publishing wing being a particularly poignant outcome. This could presage further consolidation in the industry, potentially affecting the variety and quantity of future game releases from the publisher.
The gaming industry as a whole has faced a challenging year, with notable companies such as Embracer Group, Riot Games, Microsoft, and Sony all announcing significant job cuts. These developments have sent ripples of concern through the industry, highlighting a period of transition and uncertainty.
For enthusiasts looking to experience one of the final offerings from Roll7, Rollerdrome is available on Xbox Series X|S, Windows PC, and PlayStation 5. It is also part of the Xbox Game Pass library, providing an opportunity for gamers to engage with the studio’s last project before its untimely closure.
