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 dealIO Interactive recently confirmed that the end of "a relationship with an external partner," now known to be Xbox Game Studios, meant that the studio would no longer have the funding it…
…Another thing that needs no introduction is the long-rumored Xbox layoffs, restructuring, and everything that comes with them . While that could reportedly lead to studio closures and Microsoft pulling out of…
…After Xbox pulling out of a publishing and funding deal for Project Fantasy - IO Interactive's next game - the developer has regained full control of the IP and funding. That, however, means…
…An "external partner" pulled funding from Project Fantasy , an "online fantasy RPG" that IO announced in 2023, and it sounds like layoffs at the studio are imminent as a result. "For a…
Game Information Game Title: 007 First Light Platforms: PlayStation 5 (May 27, 2026) Xbox Series X/S (May 27, 2026) PC (May 27, 2026) Nintendo Switch 2 (Late Summer, 2026) Trailer: Developer: IO Interactive Review Aggreg…
Game Information Game Title: 007 First Light Platforms: PlayStation 5 (May 27, 2026) Xbox Series X/S (May 27, 2026) PC (May 27, 2026) Nintendo Switch 2 Trailer: https://www.youtube.com/watch?v=jfRZRwu4aEc Developer: IO I…
…As first-party Xbox studios await their fate, Microsoft also seems to be pulling out from its third-party developer commitments. Earlier today, 007 First Light and Hitman developer IO Interactive announced…
Business Production News IO Interactive closing Istanbul studio after regaining control of Project Fantasy The studio said it must restructure to find sure footing after Xbox pulled funding for the in-development…
…That's why I'm casting "big doubt" over this latest Xbox Game Pass rumor, which suggests Microsoft is no longer planning to new third-party funding for new Game Pass titles…
…While Abrak did not name the partner that pulled funding in the interview, it is widely believed to have been Xbox, as early rumours about the game had linked Xbox to the…
…Game Pass tier with first-party games won't fix the subscription's biggest problem 007 First Light developer hit with layoffs as Xbox pulls out of Project Fantasy deal Xbox-funded…
…Rizo recently said on The Business of Video Games podcast that he'd spoken to a number of developers negotiating with Xbox who "got the rug pulled out from under them." Rizo…
