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Take-Two Interactive Reveals Sale of ‘Tales of the Shire’ Developer Private Division in Latest Earnings; CEO Looks Forward to ‘More Sensible FTC’ Under Trump
Take-Two Interactive has sold its "Tales of the Shire" developer Private Division. The video game publisher revealed the deal in its fiscal 2025 second-quarter earnings results Wednesday.
“We recently made the strategic decision to sell our Private Division label so we could focus our resources on growing our core businesses for the long term,” Take-Two CEO Strauss Zelnick told Variety. Take-Two revealed its most recent quarterly results Wednesday, the day after the presidential race between now-President-elect Donald Trump and Vice President Kamala Harris. Following a “disappointing” box office for the “Borderlands” movie (based on the popular franchise developed by Gearbox, which was acquired by Take Two earlier this year), Zelnick says Take-Two is still interested in future film or TV adaptations of its IP.
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