007 First Light developer hit with layoffs as Xbox pulls out of Project Fantasy deal
… Microsoft pulled the funding on the project, directly reducing IO Interactive's revenue, triggering layoffs at the studio. …
IO Interactive says Project Fantasy will continue and that they remain 100% committed to the IP, so core development efforts are being prioritized. The article implies the studio will retain the teams and operations directly responsible for Project Fantasy development to continue the game despite the external partner relationship ending. Answered
007 First Light developer hit with layoffs as Xbox pulls out of Project Fantasy dealIO Interactive says Project Fantasy "will still come out" and that they are "100% committed" to the game and IP, indicating they intend to continue prioritizing its development despite the lost external funding. The primary article does not specify any planned changes to live-service elements, monetization, or scope, so it is not stated that the change in funding will alter the game's business model. Answered
007 First Light developer hit with layoffs as Xbox pulls out of Project Fantasy dealThe article says Microsoft pulling funding reduced IO Interactive’s revenue and triggered layoffs, but IO insists Project Fantasy will still be developed and “see the light of day.” It does not provide specific changes to the project’s development timeline or release window, only that the studio must adapt to short-term consequences including staffing decisions. Answered
007 First Light developer hit with layoffs as Xbox pulls out of Project Fantasy deal… Microsoft pulled the funding on the project, directly reducing IO Interactive's revenue, triggering layoffs at the studio. …
… Originally, Xbox had been funding the project, but that deal got scrapped after Microsoft set the reset switch on its gaming business. …
… Few games can pull this off, especially for such a long time. …
… 2 VIEW GALLERY - 2 IMAGES In the past day alone, we've heard that acclaimed developer Arcane, who's working on Marvel's Blade, is on the list, alongside Xbox cutting ties with IO Interactive by pulling funding on the fantasy RPG the studio was working on for Xbox Game Studios. …
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… Essentially, a downward pull on something that has so much weight will pull the entire business with it, and that is what's happening, at least for now. …
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