Take-Two Interactive has announced they’ve sold off publishing label Private Division for an undisclosed number to an undisclosed buyer.

Company CEO Strauss Zelnick confirmed the news to GamesIndustry.biz and said they will reveal the buyer of Private Division “relatively soon.”

The new buyer has acquired the Private Division publishing label but also all its live and unreleased titles. Take-Two will continue to support Moon Studios’ action RPG No Rest for the Wicked, which launched earlier this year.

“We made this strategic decision so that we could focus all of our resources on growing our core and mobile businesses for the long term,” Zelnick said. “We’re really best at these big AAA experiences. We have the biggest intellectual properties in the interactive entertainment business, some of the biggest intellectual properties in the overall entertainment business and to make sequels to existing beloved franchises as well as to create new hit intellectual properties is our mission.

“The team of Private Division did a great job supporting independent developers and, almost to a one, every project they supported did well. However, the scale of those projects was, candidly, on the smaller side, and we’re in the business of making great big hits.”

Private Division’s next big release is the Weta Workshop-produced farming sim game Tales of the Shire: A The Lord of the Rings Game, which launches in early 2025.