Take-two Interactive Reportedly Shutting Down Two Private Division Studios

TL;DR


1. Take-Two Interactive, the parent company of 2K Games and Rockstar Games, is reportedly shutting down two of its Private Division studios. The affected studios are Unknown Worlds, the developer behind the Subnautica series, and Onoma, the former Oxide Games studio that was acquired by Take-Two in 2021.

2. The decision to close these studios is part of Take-Two's ongoing efforts to streamline its operations and focus on its core game franchises. The company has been facing challenges in recent months, including a decline in revenue and a drop in its stock price, which may have contributed to the decision to consolidate its studio network.

3. The closure of these studios is likely to have an impact on the game development landscape, as both Unknown Worlds and Onoma were known for their innovative and critically acclaimed games. The move also raises questions about the future of the Private Division label, which was established by Take-Two to publish and support independent game developers.

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