Sure, but like OP said this is encompassing "internal and external" action games, reasonably including publishing partnership on Babylon's Fall.
It's kind of a weird announcement because who care's if it's not a new studio or even reorganization of studio,
it's just putting their action game business in separately managed holding company with new "brand".
Could potentially facilitate a sale of this new unit, but I don't see specific indication of that intention at all.