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…party funding for new Game Pass titles (via Insider Gaming ). During an episode of The Business of Gaming Podcast Fernando Rizo of Caboodle Games shared rumors that Microsoft "rug pulled" Game Pass…
…and a tougher fundraising environment have made many American firms more cautious internationally. Several crossover investors that aggressively chased Indian startup deals during the boom years have pulled back sharply since 2022…
…Why? Well, it’s certainly not due to a lack of support, as Continue , a self-described “defiant, new videogames magazine,” has pulled in roughly 44,000 Australian dollars’ worth of backing…
…Fund, Earlybird, First Momentum, IQ Capital, Onsight Ventures, and UnternehmerTUM. CEO Kevin Berghoff told TechCrunch that raising the round was a fairly quick process, as QuantumDiamonds was able to demonstrate customer pull…
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…bag holders) through an exchange-traded fund . OpenAI itself is pulling back on its plan to build massive numbers of hypermegadatacenters to power the AI revolution, as partner Oracle seems to be…
…3, 2026 4 Min Read Business Union workers establish hardship fund to support devs impacted by layoffs Union workers establish hardship fund to support devs impacted by layoffs by Chris Kerr Jul…
The Ladybird Browser Project has announced it will no longer accept public pull requests and will limit changes to those made by its maintainers as it works towards its first alpha release…
…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…
…However, earlier this year, the Chinese conglomerate pulled funding for many of its external studios, including BulletFarm and, reportedly, Highguard developer Wildlight Entertainment. However, a new holding company led by NetEase veteran…
