Private Division, a publishing label under Take-Two Interactive. has announced that it has signed a publishing agreement with Bloober Team, developers of The Medium, for a new survival horror IP. The new title is still in the early stages of development and is not expected to release before 2025.

Private Division has also announced that it will be opening a new fund for smaller studios, the fund will help independent studios self-publish games. The fund will also provide mentorship opportunities. Die Gute Fabrik, Radical Forge, and Lost Native are all currently making use of the fund.

Here’s what Michael Worosz, head of Private Division, had to say:

Whether we’re partnering with established developers like Bloober Team, or smaller independent studios embarking on new projects, we strive to work with teams who are among the absolute best at their craft and support them in their bold and creative ambitions. It’s exciting to grow our portfolio into a new genre by adding one of Europe’s most successful independent teams to our talented roster of development partners.

Here’s what Piotr Babieno, chief executive officer of Bloober Team, had to say:

Our next project is an exciting new survival-horror game, which will help us become a leader in the horror industry at large. I am grateful for this cooperation with Private Division. Their expertise is extensive, and their people are also very approachable. We don’t perceive them in a typical ‘publisher-developer’ relationship; they’re more like a friend who shows us support or keeps us in line when we need it most.

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