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…essentially stopped funding third-party Game Pass deals, at least for the time being . For his part, Jorjani speculates that this is part of Asha Sharma's big Xbox "reset" . Fernando Rizo…
…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. IO Interactive has confirmed…
…If true, OD would be among a select group of games currently in the works that Xbox will continue to invest in. Earlier this week, Microsoft pulled funding from IO Interactive's…
Xbox has reportedly ‘paused’ third-party Game Pass deals Matthew Wilson 11 hours ago Featured Tech News , Software & Gaming Since taking over as Xbox CEO, Asha Sharma has begun a broad reset…
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…
…After becoming part of Square Enix , IO Interactive had its funding pulled in 2017 and was reportedly on the brink of closure before successfully pulling off a management buyout and becoming independent…
…A subsequent report from Bloomberg’s (paywalled) Jason Schreier confirms that Xbox was the publisher of Project Fantasy and has now pulled its funding. In a statement, the Redmond firm said it…
On top of the reports that Xbox are planning mass layoffs , yesterday brought the news that Xbox are backing out of funding deals and considering closing studios , yet they insist this isn…
…that Xbox was the external partner pulling out of the deal. IO will continue developing Project Fantasy, but said it will have to make "staffing decisions" in response to the funding change…
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…For instnace, Microsoft just pulled funding for Project Fantasy, which was in development at Hitman and 007 studio IO Interactive . Some of the affected studios could potentially merge with others, sold, spun…
