IO Interactive has confirmed it can proceed engaged on Undertaking Fantasy after the tip of its monetary partnership with Microsoft.
Undertaking Fantasy is an RPG that has been in growth for a while at IO Interactive. Final week, amidst uncertainty at Microsoft, which this week led to hundreds of job cuts, IO introduced that it ended its relationship with the monetary backer of Undertaking Fantasy, later confirmed to be Microsoft.
Now, in a press release, the 007 First Gentle developer has confirmed it can proceed engaged on the mission.
“Following the tip of our exterior finance partnership on Undertaking Fantasy, IOI has regained full possession of the mission and our IP. We’ll proceed to develop and fund it independently amongst our different initiatives.”
Later within the assertion, IO describes the modifications going down throughout the developer, together with the current closure of the IO Istanbul studio.
“With this context, we needed to discover a new steadiness for the long-term way forward for the studio, centered on the success of our predominant inner core titles as an alternative of exterior initiatives and potential cell sport derivatives.
“This has meant making modifications in addition to proposing modifications throughout our studios: the closure of our Istanbul studio and beginning a course of to half methods with colleagues who’ve been a significant a part of what makes IOI what it’s.
“Our quick focus is on supporting these affected as finest we are able to via this era. If you’re conscious of any alternatives inside your community, we might be genuinely grateful for any assist you’ll be able to supply to any of the proficient individuals throughout IOI who is perhaps searching for new alternatives.
“These are onerous, however needed choices, with a purpose to retain the long-term way forward for IO Interactive as one of many only a few absolutely impartial AAA developer and writer, in addition to to present Undertaking Fantasy the absolute best basis to succeed underneath our personal ardour and path. Undertaking Fantasy is a sport, a world, and an IP that we’re wholly dedicated to, and we can’t wait to share the love with you.”
In April 2021, Home windows Central first claimed that IO had teamed up with Microsoft to work on a brand new “dragon-themed IP” which the platform holder was anticipated to publish as a first-party Xbox unique. Then in 2023, IO itself confirmed that it was engaged on a web-based fantasy RPG.
“We’re constructing a brand new world, a brand new IP – a web-based fantasy RPG,” the corporate stated. “A world and a sport constructed from the core to entertain gamers and broaden for a few years to return.”
