Take-Two News, Tips, Tricks & Ideas

Just Cause Developer Avalanche Shuttering Two Studios and Laying Off 50 Workers - ign.com - Sweden - city Stockholm - New York - city New York
ign.com
03.06.2024

Just Cause Developer Avalanche Shuttering Two Studios and Laying Off 50 Workers

Just Cause franchise developer Avalanche Studios is laying off 50 employees as it moves to shutter its New York and Montreal locations in what it calls an “exceptionally difficult decision.”

Embracer clears $300m in debt - pcgamesinsider.biz
pcgamesinsider.biz
21.06.2024

Embracer clears $300m in debt

Troubled European games firm Embracer Group has paid back SEK 3.2 billion ($300 million) in debt that it owed to its revolving credit facility. 

Take-Two axes Bloober Team publishing deal - pcgamesinsider.biz - Usa - Poland
pcgamesinsider.biz
03.06.2024

Take-Two axes Bloober Team publishing deal

US publishing giant Take-Two has dropped its publishing deal with Polish games firm Bloober Team. 

Take-Two is Looking to Sell off or Shut Down Private Division – Rumour - gamingbolt.com
gamingbolt.com
03.06.2024

Take-Two is Looking to Sell off or Shut Down Private Division – Rumour

Earlier this year, Take-Two Interactive announced that it was laying off about 5% off its workforce, following which it emerged that its indie-focused label Private Division was set to be severely impacted. Owned studios Roll7 and Intercept Games are set to be shuttered, while reports have claimed that widespread layoffs have hit Private Division’s own offices as well. Now, another report by IGN claims that things at the company are even more severe than previously feared.

GTA 6 PC launch: Rockstar Games hints at delay but there’s some hope - tech.hindustantimes.com
tech.hindustantimes.com
03.06.2024

GTA 6 PC launch: Rockstar Games hints at delay but there’s some hope

In the gaming industry, few titles generate as much discussion as the Grand Theft Auto series. With the release of Grand Theft Auto 6 set for Fall 2025 on the Xbox Series X/S and PlayStation 5, a key question remains: When will PC gamers see the game? Rockstar Games, known for their GTA franchise, typically launches their titles on consoles first before eventually releasing them on PC.

Next GTA title in line? Take-Two CEO hints at potential GTA 7 in recent interview - tech.hindustantimes.com - city New York
tech.hindustantimes.com
02.06.2024

Next GTA title in line? Take-Two CEO hints at potential GTA 7 in recent interview

In a recent interview, Strauss Zelnick, the CEO of Take-Two Interactive, the parent company of Rockstar Games, stirred up speculation about the future of the Grand Theft Auto franchise. While the eagerly awaited GTA 6 is still on the horizon, Zelnick dropped a surprising mention of GTA 7 during the TD Cowen 52nd Annual Technology, Media & Telecom Conference.

Private Division Is Likely to Be Sold or Closed Down by Take-Two - wccftech.com - Poland
wccftech.com
02.06.2024

Private Division Is Likely to Be Sold or Closed Down by Take-Two

According to a report published on IGN, Take-Two is planning to sell or shut down its indie publishing label, Private Division. The NYC-based publisher was founded in December 2017 to help bring games from smaller developers to market.

Take-Two Is Quietly Killing Private Division - ign.com - state Washington
ign.com
31.05.2024

Take-Two Is Quietly Killing Private Division

In recent weeks, reports have surfaced that Take-Two is shuttering Kerbal Space Program 2 developer Intercept Games and OlliOlli World developer Roll7. Now, IGN has learned that not only are these closures imminent, but they are a part of a larger move by Take-Two to either sell off or shut down the entirety of its indie label, Private Division.

Report: Intercept Games is closing in June - pcgamesinsider.biz
pcgamesinsider.biz
29.05.2024

Report: Intercept Games is closing in June

Kerbal Space Program 2 maker Intercept Games is reportedly closing at the end of June. 

GTA 6 release delayed to avoid Cyberpunk mishap, insider reveals Rockstar Games strategic move - tech.hindustantimes.com
tech.hindustantimes.com
24.05.2024

GTA 6 release delayed to avoid Cyberpunk mishap, insider reveals Rockstar Games strategic move

An insider from Rockstar Games has unveiled the strategic moves behind the delayed release of the highly anticipated Grand Theft Auto 6 (GTA 6). Speculations about the game's postponement have been confirmed, with the studio opting to steer clear of a debacle akin to the notorious launch of Cyberpunk 2077.

Take-Two Doesn't Rule Out A Price Increase For Rockstar's Next Titles - thegamer.com
thegamer.com
20.05.2024

Take-Two Doesn't Rule Out A Price Increase For Rockstar's Next Titles

It's no secret that modern Triple-A video games cost hundreds of millions of dollars to produce. In turn, publishers and developers hope massive sales can help offset their large investments, but that's not always the case. Video games do inevitably bomb and lose money, resulting in layoffs, studio closures and shut down video games.

Take-Two boss Zelnick says Roll7 and Intercept are not closed - pcgamesinsider.biz
pcgamesinsider.biz
20.05.2024

Take-Two boss Zelnick says Roll7 and Intercept are not closed

The CEO and chair of Take-Two, Strauss Zelnick, has said that Roll7 and Intercept Games have not been closed.

GTA 6 publisher says "perfection is hard to measure," but Rockstar is trying to create "an experience that no one has seen before" - gamesradar.com
gamesradar.com
20.05.2024

GTA 6 publisher says "perfection is hard to measure," but Rockstar is trying to create "an experience that no one has seen before"

GTA 6 publisher's CEO has said Take-Two is "highly confident" in being able to hit the fall 2025 release window, and Rockstar Games is trying to create "an experience that no one has seen before."

GTA 6 will launch late in 2025 according to Take-Two financial report - techradar.com - Usa - Poland - state Florida - city Vice
techradar.com
19.05.2024

GTA 6 will launch late in 2025 according to Take-Two financial report

It looks like Grand Theft Auto 6won't be releasing until late 2025, according to publisher Take-Two Interactive's latest financial report.

Borderlands 4 Might Not Be The Only New Borderlands Game To Look Forward To, Teases Take-Two - screenrant.com
screenrant.com
17.05.2024

Borderlands 4 Might Not Be The Only New Borderlands Game To Look Forward To, Teases Take-Two

fans are in for a treat because publisher Take-Two has no plans on slowing down the franchise; in fact, players should expect to see even more Vault Hunters in the future. The long-running action RPG is widely regarded as one of Take-Two's biggest series, with developer Gearbox earning plenty of praise designing a shooter that's endless replayable, addictive, and oozing style. The studio has confirmed that it's already working hard on the upcoming fourth mainline game, but that doesn't mean the community can't also look forward to some exciting spin-offs.

GTA 6 targets late 2025 release date, as Take-Two narrows launch window - thesixthaxis.com - Usa - state Florida - city Vice
thesixthaxis.com
17.05.2024

GTA 6 targets late 2025 release date, as Take-Two narrows launch window

Grand Theft Auto VI is officially targeting a late 2025 release, as Rockstar’s parent company Take-Two Interactive narrowed the GTA 6 launch window in their Q4 2024 earnings report.

Grand Theft Auto VI Is Expected to Be the Biggest Entertainment Launch of All Time, but a Performance Below Expectations Could Impact the Entire Industry - wccftech.com
wccftech.com
17.05.2024

Grand Theft Auto VI Is Expected to Be the Biggest Entertainment Launch of All Time, but a Performance Below Expectations Could Impact the Entire Industry

Grand Theft Auto VI is expected to be the biggest entertainment launch of all time, but the game could impact the industry as a whole if it performs below expectations.

Take-Two revenue flat year-on-year, firm names GTA 6 release window - pcgamesinsider.biz - Usa
pcgamesinsider.biz
17.05.2024

Take-Two revenue flat year-on-year, firm names GTA 6 release window

US publishing giant Take-Two made $5.35 billion in revenue for the year ending March 31st, 2024.

GTA 6 Sales Not Affected by Launch Window, Take-Two CEO Believes; Expects Game to Move Consoles Aplenty - wccftech.com
wccftech.com
17.05.2024

GTA 6 Sales Not Affected by Launch Window, Take-Two CEO Believes; Expects Game to Move Consoles Aplenty

GTA 6 sales likely won't be affected by the game's launch window, according to Take-Two Interactive CEO Strauss Zelnick.

GTA 6 confirmed for fall 2025 release despite delay rumours, said Take-Two CEO - tech.hindustantimes.com - state Florida
tech.hindustantimes.com
17.05.2024

GTA 6 confirmed for fall 2025 release despite delay rumours, said Take-Two CEO

Take-Two Interactive has confirmed that Grand Theft Auto VI (GTA 6) is set for release in fall 2025. Despite circulating rumours about a potential delay into 2026, Take-Two is confident in meeting the new release window. The announcement was made during Take-Two's latest earnings report, providing fans with a more concrete timeline.

GTA Publisher Claims It 'Didn't Shutter' Roll7, Intercept Games | Push Square - pushsquare.com - city Seattle
pushsquare.com
17.05.2024

GTA Publisher Claims It 'Didn't Shutter' Roll7, Intercept Games | Push Square

Take-Two, the publisher behind Grand Theft Auto and owner of other labels such as Private Division, has denied reports it recently shut down Rollerdrome, OlliOlli developer Roll7 and Kerbal Space Program 2 team Intercept Games. Having been questioned by IGN during a financial call today, CEO Strauss Zelnick responded: «We didn't shutter those studios.»

GTA 6 PS5 Release Window Narrowed to Fall 2025 | Push Square - pushsquare.com
pushsquare.com
17.05.2024

GTA 6 PS5 Release Window Narrowed to Fall 2025 | Push Square

Take-Two has announced in its financial earnings for the end of Fiscal Year 2023 that Grand Theft Auto 6 will release for PS5 and Xbox Series X|S during the Fall of calendar year 2025. Therefore, the open worlder from Rockstar Games could release anywhere between September and November of next year.

Take-Two CEO on Intercept, Roll7: 'We Didn't Shutter Those Studios' - ign.com - city Seattle
ign.com
16.05.2024

Take-Two CEO on Intercept, Roll7: 'We Didn't Shutter Those Studios'

Earlier this month, Take-Two announced a cost reduction plan that included project cancellations, the layoffs of 5% of its workforce, and other spending cuts. Amid this announcement came reports based on internal documentation that seemed to confirm Take-Two was closing OlliOlli World developer Roll7 and Kerbal Space Program 2 developer Intercept Games.

Grand Theft Auto 5 Surpasses 200 Million Units Sold - ign.com
ign.com
16.05.2024

Grand Theft Auto 5 Surpasses 200 Million Units Sold

Grand Theft Auto 5, an 11-year-old game that's been released on three generations of consoles and which continues to sell roughly five million copies every three months, has at last surpassed a big milestone: over 200 million copies sold in its lifetime.

Take-Two says cancelled games weren’t ‘core franchise’ titles - videogameschronicle.com
videogameschronicle.com
16.05.2024

Take-Two says cancelled games weren’t ‘core franchise’ titles

Take-Two‘s updated release slate of upcoming games, published on Thursday, includes 12 fewer games than the last time it was shown.

Take-Two CEO claims it didn’t close Private Division studios Roll7 and Intercept Games - videogameschronicle.com - city Seattle
videogameschronicle.com
16.05.2024

Take-Two CEO claims it didn’t close Private Division studios Roll7 and Intercept Games

Take-Two CEO Strauss Zelnick has claimed that the publisher didn’t shut down Private Division studios Roll7 and Intercept Games, despite reports suggesting it planned to.

Rockstar’s Grand Theft Auto 6 will launch in fall 2025, Take-Two confirms - digitaltrends.com
digitaltrends.com
16.05.2024

Rockstar’s Grand Theft Auto 6 will launch in fall 2025, Take-Two confirms

Strauss Zelnick, CEO of Rockstar Games’ parent company Take-Two Interactive, just confirmed a more specific release window for the highly anticipated Grand Theft Auto VI.

GTA 6 Finally Gets A Release Window & We’ll Be Waiting A While Longer - screenrant.com - city Vice
screenrant.com
16.05.2024

GTA 6 Finally Gets A Release Window & We’ll Be Waiting A While Longer

The release window for the highly anticipated has been narrowed down further, but may still come as a disappointment to some fans. In December 2023, Rockstar Games provided a first look at the upcoming title in a record-breaking cinematic trailer that confirmed the return to Vice City and the surrounding areas in Leonida and introduced its protagonists, Lucia and Jason, although the latter was never named in the footage. The trailer ended with a vague 2025 release window, and fans have been speculating exactly when in the year the game could be released ever since.

Grand Theft Auto VI Launches Fall of 2025 Confirms Take-Two, GTA V Hits 200m Copies Sold - wccftech.com - city Vice
wccftech.com
16.05.2024

Grand Theft Auto VI Launches Fall of 2025 Confirms Take-Two, GTA V Hits 200m Copies Sold

We’ve known for a while that Grand Theft Auto VI is coming out sometime in 2025, but when specifically in the year it might arrive has remained an open question. Some have held out some despearate hope that an early-2025 might happen, but it seems that’s not in the cards. Today as part of their latest earnings report Take-Two Interactive clarified that GTA VI is coming out in fall of calendar year 2025.

Grand Theft Auto 6 will arrive in fall 2025 - engadget.com - state Florida - county Miami - city Vice
engadget.com
16.05.2024

Grand Theft Auto 6 will arrive in fall 2025

Grand Theft Auto VI’s return to Vice City is officially scheduled for fall 2025. On Thursday, parent company Take-Two Interactive wrote in its Q4 2024 earnings report that it’s narrowed GTA 6’s previously announced 2025 window to autumn of next year.

Grand Theft Auto 6 now expected out in fall 2025 - polygon.com - Poland - county Storey - city Vice
polygon.com
16.05.2024

Grand Theft Auto 6 now expected out in fall 2025

Grand Theft Auto 6 will be released in the fall of 2025, according to publisher Take-Two Interactive. The release window — however vague — is a narrowing of what Take-Two Interactive had previously shared when it put Grand Theft Auto 6 simply within the 2025 calendar year. The fall 2025 release window makes sense, placing the much-anticipated game right before the holidays.

GTA 6 Will Officially Launch In Fall 2025 - thegamer.com
thegamer.com
16.05.2024

GTA 6 Will Officially Launch In Fall 2025

Grand Theft Auto 6 publisher Take-Two Interactive has narrowed down the title's release window, revealing in an earnings call that GTA 6 will launch at some point in Fall 2025.

Take-Two moves Grand Theft Auto 6 out of current fiscal year - gamesindustry.biz
gamesindustry.biz
16.05.2024

Take-Two moves Grand Theft Auto 6 out of current fiscal year

Take-Two today released its financial results for its fourth fiscal quarter, covering the three months ended March 31, narrowing the Grand Theft Auto 6 release window while taking a massive loss thanks largely to goodwill impairment and restructuring charges.

Fans suspect GTA 6 news soon, even as some hopes are ruined - radiotimes.com
radiotimes.com
16.05.2024

Fans suspect GTA 6 news soon, even as some hopes are ruined

Players eagerly await GTA 6, and internet sleuths have unearthed multiple clues that suggest fresh news could be coming very soon.

Rockstar Is Seemingly Gearing Up To Share GTA 6 Screenshots - thegamer.com
thegamer.com
08.05.2024

Rockstar Is Seemingly Gearing Up To Share GTA 6 Screenshots

An update to the Rockstar Games website suggests that several new screenshots for GTA 6 are going to be shared in the near future, likely before Take-Two's investor call.

GTA 6 launch could take place place in early 2025, suggests leak - All the details - tech.hindustantimes.com - city Santos
tech.hindustantimes.com
08.05.2024

GTA 6 launch could take place place in early 2025, suggests leak - All the details

Rockstar Games, the renowned developer behind the Grand Theft Auto (GTA) series, has kept fans on edge with the anticipation of GTA 6. Since the release of the first trailer several months ago, there has been a deafening silence regarding the second trailer and the game's official release date.

Take-Two Interactive Plans to Shutter Intercept Games, Roll7 as Part of Wider Layoffs and Closures - mmorpg.com - Usa - city Seattle
mmorpg.com
03.05.2024

Take-Two Interactive Plans to Shutter Intercept Games, Roll7 as Part of Wider Layoffs and Closures

In the midst of its “cost reduction program,” Take-Two Interactive appears to plan to shutter two of its subsidiary studios, Intercept and Roll7. This is also in the midst of a wider layoff of about 5% of its staff, approximately 600 staffers according to some estimates, and some shut-downs of internal projects.

Take-Two Interactive Has Reportedly Laid off “Vast Majority” of Private Division Staff - gamingbolt.com - city Seattle - state New York
gamingbolt.com
03.05.2024

Take-Two Interactive Has Reportedly Laid off “Vast Majority” of Private Division Staff

Take-Two Interactive recently joined the ever-growing list of video game companies implementing layoffs, with the company announcing that it was cutting 5% of its workforce (roughly 600 jobs) as part of a wider cost-saving initiative that would also see projects being cancelled. Unfortunately, it seems one publishing label operating under the company has been hit the hardest.

Kerbal Space Program 2 and OlliOlli Developers Reportedly Being Shuttered by Take-Two - wccftech.com
wccftech.com
02.05.2024

Kerbal Space Program 2 and OlliOlli Developers Reportedly Being Shuttered by Take-Two

Despite having the best-selling game of all time in Grand Theft Auto V, and GTA VI on the way, mega publisher Take-Two Interactive have been going through some belt-tightening, recently cutting 5 percent of its workforce and canceling some projects. When the news of the cuts were first announced, we didn’t know exactly who was impacted or which games had been canned, but we may now have a better idea.

Take-Two is closing OlliOlli studio Roll7 & Kerbal Space Program 2’s Intercept Games - thesixthaxis.com - state Washington
thesixthaxis.com
02.05.2024

Take-Two is closing OlliOlli studio Roll7 & Kerbal Space Program 2’s Intercept Games

Take-Two is closing two game studios under their Private Division label, with Kerbal Space Program 2 developer Intercept Games shutting down (as we already knew) and OlliOlli and Rollerdrome studio Roll7 following them into the twilight.

OlliOlli, Kerbal Space Program Teams Shut Down by GTA Publisher | Push Square - pushsquare.com - city Seattle - state Washington
pushsquare.com
02.05.2024

OlliOlli, Kerbal Space Program Teams Shut Down by GTA Publisher | Push Square

Take-Two will shut down OlliOlli World and Rollerdrome studio Roll7 as well as Kerbal Space Program team Intercept Games as it looks to cut five per cent of its workforce. The news was revealed by Bloomberg after the outlet obtained documentation indicating Roll7 will close and offer severance agreements to staff. Meanwhile, a notice has been filed with the Washington State Employment Security Department to close a Seattle office, where Intercept Games is based.

Take-Two will reportedly close OlliOlli and Kerbal Space Program studios - polygon.com - city Seattle - state New York - state Washington
polygon.com
02.05.2024

Take-Two will reportedly close OlliOlli and Kerbal Space Program studios

Bloomberg reports that Grand Theft Auto publisher Take-Two Interactive will close two game studios as part of a recently announced plan to lay off 5% of its workforce.

Take-Two is shutting down the studios behind Rollerdrome and Kerbal Space Program 2 - engadget.com - Washington - city London - city Seattle
engadget.com
02.05.2024

Take-Two is shutting down the studios behind Rollerdrome and Kerbal Space Program 2

This one's a bummer. Mega-publisher Take-Two Interactive is shuttering Rollerdrome studio Roll7 and Kerbal Space Program 2 team Intercept Games, according to paperwork seen by Bloomberg.

Take-Two reportedly closing Private Division studios Roll7 and Intercept Games - videogameschronicle.com - city Seattle
videogameschronicle.com
01.05.2024

Take-Two reportedly closing Private Division studios Roll7 and Intercept Games

Take-Two is reportedly planning to shut down Private Division studios Roll7 and Intercept Games as part of recently announced restructuring.

Kerbal Space Program 2 Studio Apparently Shuttered Amid Layoffs, Take-Two Responds - ign.com - city Seattle - state Washington
ign.com
01.05.2024

Kerbal Space Program 2 Studio Apparently Shuttered Amid Layoffs, Take-Two Responds

Intercept Games is among the many casualties of Take-Two Interactive's layoffs, as its parent company is laying off 70 people from the developer behind the Kerbal Space Program 2.

Kerbal Space Program 2 studio reportedly shutting down, but Take-Two promises to support game - thesixthaxis.com - Washington - city Seattle
thesixthaxis.com
01.05.2024

Kerbal Space Program 2 studio reportedly shutting down, but Take-Two promises to support game

Intercept Games is reportedly shutting down as Take-Two enacts their cost-reduction plan and layoffs across the company, with the Kerbal Space Program 2 developer’s continued existence now in doubt. Despite this, Take-Two has pledged to continue providing support and updates for the game’s PC Early Access release.

People Can Fly Cancels Project Dagger Action/Adventure IP - wccftech.com - Poland
wccftech.com
26.04.2024

People Can Fly Cancels Project Dagger Action/Adventure IP

Earlier this month, as spotted by Twitter user MauroNL, Polish developer People Can Fly decided to cancel the new action/adventure IP codenamed Project Dagger.

Are video game addiction lawsuits having a moment? - polygon.com - state Florida - Washington - city Atlanta - state Illinois - state Missouri - state Arkansas
polygon.com
24.04.2024

Are video game addiction lawsuits having a moment?

Lawyers and parents are taking on the video game industry. There are eight lawsuits currently active in North America that seek to address video game addiction. All have been filed within the past two years, and most argue that the targeted video game companies, including Activision Blizzard, Epic Games, Microsoft, Roblox, Nintendo, Take-Two Interactive Software, and Sony Interactive Entertainment, make their games purposefully addictive as a way to keep people playing, and, ultimately, to get them to spend lots of money.

A double-take on Take-Two's layoffs | This Week in Business - gamesindustry.biz
gamesindustry.biz
20.04.2024

A double-take on Take-Two's layoffs | This Week in Business

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GTA Publisher Laying Off 5% of Workforce and Cancelling 'Several' Games | Push Square - pushsquare.com
pushsquare.com
19.04.2024

GTA Publisher Laying Off 5% of Workforce and Cancelling 'Several' Games | Push Square

Grand Theft Auto owner Take-Two has announced it's laying off around five per cent of its more than 11,500-employee-strong workforce in an effort to save $165 million annually. Around 600 full-time workers will be affected by the layoffs, and some unannounced games within the publisher are to be cancelled as a result. Take-Two declined to say what the projects are.

Incredibly realistic GTA VR mod garners praise from former GTA 5 developer who says they "barely recognize the game I worked so hard on" and reveals Rockstar "had no interest" in making its own - gamesradar.com - Reveals
gamesradar.com
18.04.2024

Incredibly realistic GTA VR mod garners praise from former GTA 5 developer who says they "barely recognize the game I worked so hard on" and reveals Rockstar "had no interest" in making its own

One former GTA 5 developer says they "barely recognize the game I worked so hard on" after seeing it in VR combined with an ultra-realistic graphics mod, and has revealed that Rockstar's lack of interest in making anything similar is part of why they stopped working there in the first place. 

Publisher set to release one of the most profitable games of all time lays off 5% of its workforce - techradar.com
techradar.com
17.04.2024

Publisher set to release one of the most profitable games of all time lays off 5% of its workforce

Take-Two Interactive, publisher of the Grand Theft Auto franchise, has just reduced its workforce by laying off around 5% of its staff.

Take-Two cuts 5% of staff in new cost cutting program - pcgamesinsider.biz
pcgamesinsider.biz
17.04.2024

Take-Two cuts 5% of staff in new cost cutting program

Grand Theft Auto maker Take-Two is laying off five per cent of its workforce as part of a new cost cutting program.

Take-Two Lays Off 5% of Its Workforce, Cancels Some Games - wccftech.com
wccftech.com
17.04.2024

Take-Two Lays Off 5% of Its Workforce, Cancels Some Games

It's unfortunately time for yet another round of layoffs in the gaming industry as Take-Two Interactive announced a 5% reduction of its workforce. This translates to around 600 employees and follows similar reductions announced in the last few months by the likes of Epic Games, Riot Games, Microsoft, Sony, and Electronic Arts, not to mention many other such situations that occurred at smaller studios like Supermassive Games and Hidden Path Entertainment to name a couple.

Take-Two Interactive Announced Layoffs Of 5 % Of Their Workforce - gameranx.com
gameranx.com
17.04.2024

Take-Two Interactive Announced Layoffs Of 5 % Of Their Workforce

Take-Two Interactive has announced they will be laying off 5 % of their workforce, and cancelling several games in development.

GTA 6: Take-Two Interactive trims workforce and scraps projects, will it delay the launch? - tech.hindustantimes.com - Eu
tech.hindustantimes.com
17.04.2024

GTA 6: Take-Two Interactive trims workforce and scraps projects, will it delay the launch?

Take-Two Interactive, the powerhouse behind the beloved Grand Theft Auto franchise, including the highly anticipated GTA 6, is scaling back its staff and shelving certain gaming ventures. This move reflects a broader trend of restructuring and layoffs within the gaming realm in recent years.

Take-Two laying off 5% of staff - gamesindustry.biz
gamesindustry.biz
17.04.2024

Take-Two laying off 5% of staff

Take-Two Interactive is embarking on another cost cutting program, and this one will see the company layoff about 5% of its employees by the end of the year.

GTA parent Take-Two is cutting 5 percent of its workforce - videogameschronicle.com
videogameschronicle.com
17.04.2024

GTA parent Take-Two is cutting 5 percent of its workforce

Take-Two Interactive, the publisher behind Grand Theft Auto, has announced plans to cut around 5 percent of its workforce, or around 600 people.

GTA 6 publisher Take-Two is laying off hundreds of developers and canceling projects - gamesradar.com
gamesradar.com
17.04.2024

GTA 6 publisher Take-Two is laying off hundreds of developers and canceling projects

GTA 6 publisher Take-Two Interactive has announced it's laying off 5% of its workforce and canceling several projects.

Take-Two plans to lay off 5 percent of its employees by the end of 2024 - engadget.com
engadget.com
17.04.2024

Take-Two plans to lay off 5 percent of its employees by the end of 2024

Take-Two Interactive plans to lay off 5 percent of its workforce, or about 600 employees, by the end of the year, as reported in an SEC filing Tuesday. The studio is also canceling several in-development projects. These moves are expected to cost $160 million to $200 million to implement, and should result in $165 million in annual savings for Take-Two.

Take-Two Interactive Software to lay off five percent of workforce - gematsu.com
gematsu.com
16.04.2024

Take-Two Interactive Software to lay off five percent of workforce

Take-Two Interactive Software, the parent company of 2K, The Gearbox Entertainment Company, Private Division, and Rockstar Games, will lay off about five percent of its workforce, or around 600 employees, the company announced.

The trial over NBA 2K’s LeBron James tattoos could set huge precedent - polygon.com - Los Angeles - Jordan - state Ohio
polygon.com
16.04.2024

The trial over NBA 2K’s LeBron James tattoos could set huge precedent

Take-Two Interactive Software is in an Ohio court this week to fight a lawsuit over the use of Los Angeles Lakers superstar LeBron James’ tattoos in its games. Tattoo artist Jimmy Hayden first sued Take-Two in 2017 over the use of several tattoos he made for James that were reproduced in NBA 2K games from 2016 to 2020.

Gearbox Publishing is now Arc Games - videogameschronicle.com
videogameschronicle.com
09.04.2024

Gearbox Publishing is now Arc Games

Following the sale of Gearbox to Take-Two, Gearbox Publishing, which wasn’t part of the sale, has rebranded.

Hyper Light Breaker publisher has new name after Gearbox shake-up - digitaltrends.com - Usa - China - San Francisco - city San Francisco - After
digitaltrends.com
08.04.2024

Hyper Light Breaker publisher has new name after Gearbox shake-up

Following Embracer Group’s sale of Gearbox Entertainment, Gearbox Publishing has rebranded to Arc Games. The newly minted label will handle publishing for Hyper Light Breaker when it launches, as well as other Gearbox projects.

Take-Two Will Acquire Borderlands Dev Gearbox Entertainment | Push Square - pushsquare.com - San Francisco
pushsquare.com
31.03.2024

Take-Two Will Acquire Borderlands Dev Gearbox Entertainment | Push Square

Take-Two has announced plans to acquire Gearbox Entertainment from the embattled Embracer Group, in a deal reported to be worth $460 million. The buyout makes logical sense, as Gearbox Entertainment will operate under the framework of 2K Games, which has long been the publisher of the popular Borderlands series. It’ll be led by founder Randy Pitchford.

Layoffs Hit Gearbox Staff Hours After Embracer Sale | Push Square - pushsquare.com - Australia - state Texas - After
pushsquare.com
31.03.2024

Layoffs Hit Gearbox Staff Hours After Embracer Sale | Push Square

Less than a day after the news that Take-Two Interactive would acquire Borderlands developer Gearbox Entertainment from the embattled Embracer Group, layoffs have already begun. In the hours since former Gearbox employees were made redundant, they've taken to Twitter, and while the total number of staff impacted remains hard to determine, it sounds significant.

Embracer’s Restructuring Program is Finally Over, “Way Too Early” to Start Talking About Acquisitions Again - gamingbolt.com
gamingbolt.com
29.03.2024

Embracer’s Restructuring Program is Finally Over, “Way Too Early” to Start Talking About Acquisitions Again

After failing to close a $2 billion deal with Saudia Arabia’s Savvy Games Group, in June of last year, Embracer Group announced that it would be shuttering studios, cutting jobs, and cancelling games as part of a significant internal restructuring program in order to get its finances back into shape. That restructuring program is now finally over, with Gearbox Entertainment’s sale to Take-Two Interactive for $460 million seemingly being the final major step of that process.

Embracer Group finally sells Gearbox Software, but keeps Gearbox Publishing - digitaltrends.com - San Francisco - city San Francisco
digitaltrends.com
28.03.2024

Embracer Group finally sells Gearbox Software, but keeps Gearbox Publishing

Embracer Group finally confirmed that it is selling Borderlands studio Gearbox Entertainment to Take-Two Interactive, but there’s a catch: Embracer Group will retain ownership of Gearbox Publishing.

Next Borderlands game confirmed to be in “active development” - thesixthaxis.com
thesixthaxis.com
28.03.2024

Next Borderlands game confirmed to be in “active development”

Alongside the announced acquisition of Gearbox by Take-Two Interactive, publishing subsidiary 2K Games has also confirmed that the next Borderlands game is in active development.

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m - techradar.com
techradar.com
28.03.2024

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m

Take-Two is acquiring Gearbox Interactive from Embracer Group for a cool $460m.

Take-Two Buys Gearbox for $460 Million, Confirms New Borderlands Game Among Other Things - wccftech.com
wccftech.com
28.03.2024

Take-Two Buys Gearbox for $460 Million, Confirms New Borderlands Game Among Other Things

We knew Gearbox Software was about to be sold by Embracer, and today, Take-Two announced it had reached an agreement to purchase the 25-year-old Texan developer for $460 million.

Take-Two is buying Gearbox from Embracer for $460 million - engadget.com - Saudi Arabia - San Francisco
engadget.com
28.03.2024

Take-Two is buying Gearbox from Embracer for $460 million

More major changes are afoot on the business side of the video game world, as a notable name is changing hands once again. Take-Two Interactive (the parent company of Grand Theft Auto publisher Rockstar and others) has agreed to buy Gearbox Entertainment from the embattled Embracer Group. The deal is worth $460 million in stock and is expected to close by June 30. It had been rumored for several months that Embracer was planning to sell off Gearbox.

Borderlands 4 is in "active development" and is just one of "numerous projects" Take-Two plans to release with Gearbox - gamesradar.com
gamesradar.com
28.03.2024

Borderlands 4 is in "active development" and is just one of "numerous projects" Take-Two plans to release with Gearbox

Gearbox Entertainment has revealed that Borderlands 4 is in "active development," and is but one of several projects the developer plans to release with new owner Take-Two.

Take-Two Confirms Gearbox Is Making Borderlands 4 – And Five More Games - gameranx.com - Poland
gameranx.com
28.03.2024

Take-Two Confirms Gearbox Is Making Borderlands 4 – And Five More Games

Take-Two Interactive has confirmed that Borderlands 4 is in development. But that’s not all they’re working on.

Embracer has sold Gearbox — and Borderlands — to Take-Two for $460M - polygon.com - state Texas - Sweden - San Francisco
polygon.com
28.03.2024

Embracer has sold Gearbox — and Borderlands — to Take-Two for $460M

Troubled gaming conglomerate Embracer announced Thursday that it has agreed to sell Gearbox Entertainment, the studio behind the Borderlands games, to Grand Theft Auto publisher Take-Two for $460 million.

Embracer sells off Gearbox to Take-Two for $460 million - thesixthaxis.com - state Texas
thesixthaxis.com
28.03.2024

Embracer sells off Gearbox to Take-Two for $460 million

A good few months after a sale was first reported to be on the table, Embracer has now confirmed the sale of Gearbox Entertainment to Take-Two Interactive for $460 million. This brings Gearbox in house with long term publishing partner 2K Games, who still had publishing rights to the Borderlands franchise, even with the developer under Embracer’s ownership.

Take-Two buys Gearbox for $460m - pcgamesinsider.biz - Usa - Sweden
pcgamesinsider.biz
28.03.2024

Take-Two buys Gearbox for $460m

US publishing giant Take-Two has acquired Gearbox Entertainment for $460 million, entirely in new stock. 

Gearbox Is Finally Part Of Take-Two, After Embracer Divests From The Company - gameranx.com - state Texas - San Francisco - After
gameranx.com
28.03.2024

Gearbox Is Finally Part Of Take-Two, After Embracer Divests From The Company

Gearbox is now part of the Take-Two Interactive Family, in a deal that’s a fraction of what Embracer paid to originally acquire them.

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