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Project Fantasy

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Project Fantasy news

IO Interactive Regains Control of ‘Project Fantasy’, Closes Istanbul Studio

IO Interactive Regains Control of ‘Project Fantasy’, Closes Istanbul Studio

IOI said on Twitter that the studio would "continue to develop and fund [Project Fantasy] independently amongst our other projects" The post IO Interactive Regains Control of ‘Project Fantasy’, Closes Istanbul Studio

This Week in Video Games / Maddie Agne
Business

IO Interactive regains full ownership of Project Fantasy, but closes Istanbul studio down

The post IO Interactive regains full ownership of Project Fantasy, but closes Istanbul studio down appeared first on GamesHub.

GamesHub / Craig Robinson
Business
IO Interactive regains full ownership of Project Fantasy following end of Xbox deal, shuts down Istanbul studio and lays off developers "to find a new balance"

IO Interactive regains full ownership of Project Fantasy following end of Xbox deal, shuts down Istanbul studio and lays off developers "to find a new balance"

It's one of those weeks. 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 it's readjusting its business to accommodate the ambitious RPG as well as future projects.

Eurogamer / Fran Ruiz
Business
After split with Xbox, Hitman developer IO will "continue to develop" Project Fantasy independently, but they're closing their Istanbul Studio

After split with Xbox, Hitman developer IO will "continue to develop" Project Fantasy independently, but they're closing their Istanbul Studio

Last week brought the news that Xbox had dropped their support for Project Fantasy the, er, fantasy project in development at IO Interactive. The Hitman maker announced they would remain "100% committed" to the game, and ensure "This wonderful universe will see the light of day", but they also acknowledged that there would need to be layoffs. IOI have now confirmed that they have been able to regain full ownership of Project Fantasy and they will "continue to develop and fund it independently".

Rock Paper Shotgun / Julian Benson
Business
IO Interactive says Project Fantasy isn't dead, but confirms that layoffs are happening

IO Interactive says Project Fantasy isn't dead, but confirms that layoffs are happening

This isn't the sort of thing that should be happening a month after the release of a major, successful game like 007 First Light, but such is the way of the games industry.

PC Gamer / Andy Chalk
Business
James Bond, Hitman Studio's Project Fantasy Still Coming After Xbox Cuts

James Bond, Hitman Studio's Project Fantasy Still Coming After Xbox Cuts

But the Istanbul team is forced to close. IO Interactive has confirmed its previously Xbox-funded game, currently codenamed Project Fantasy, won't be cancelled following the cuts both Microsoft made and the developer itself was forced into. A new social media statement from the studio said it's gained full control and ownership of the project and the IP rights, and to that end, it'll "continue to develop and fund it independently amongst our other projects". Read the full article on pushsquare.c

Push Square
Business
IO confirms it will continue Project Fantasy independently after Xbox split

IO confirms it will continue Project Fantasy independently after Xbox split

The game was previously being funded by Microsoft

VGC / Jordan Middler
Business
IO Interactive closing Istanbul studio after regaining control of Project Fantasy

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 RPG.

Game Developer / Chris Kerr
Business
007 First Light studio IOI facing layoffs as Xbox pulls funding for Project Fantasy RPG

007 First Light studio IOI facing layoffs as Xbox pulls funding for Project Fantasy RPG

Xbox has pulled out of a deal to fund and publish the online fantasy RPG - Project Fantasy - that's in development at Hitman and 007 First Light developer IO Interactive.

Eurogamer / Robert Purchese
Business
Xbox Severs Partnership For Next IO Interactive Game Resulting In Layoffs

Xbox Severs Partnership For Next IO Interactive Game Resulting In Layoffs

Bloomberg reports that Xbox has ended its deal to fund and publish IO Interactive's online RPG 'Project Fantasy' amid a major company reset The post Xbox Severs Partnership For Next IO Interactive Game Resulting In Layoffs

This Week in Video Games / Edmond Tran
Business
Xbox Issues Statement After Pulling Out Of Project Fantasy

Xbox Issues Statement After Pulling Out Of Project Fantasy

"We're not reducing our overall investment in games". A few years ago, we reported on a new project from 007 First Light and Hitman developer IO Interactive called Project Fantasy, and it was rumoured at the time that it might have been an Xbox exclusive. Flash forward to today, and Xbox has now pulled out of the project and issued an accompanying statement. Read the full article on purexbox.com

Pure Xbox
Business
IO Interactive announces layoffs after Xbox pulls out of Project Fantasy

IO Interactive announces layoffs after Xbox pulls out of Project Fantasy

IO Interactive has announced layoffs following the end of its relationship with an external partner … Source

Gematsu / Sal Romano
Business
IO Interactive announces layoffs after Project Fantasy partner relationship ends

IO Interactive announces layoffs after Project Fantasy partner relationship ends

IO Interactive has announced layoffs following the end of its relationship with an external partner … Source

Gematsu / Sal Romano
Business
Ahead of next week's expected Xbox bloodbath, IO Interactive loses funding for its online fantasy RPG

Ahead of next week's expected Xbox bloodbath, IO Interactive loses funding for its online fantasy RPG

The studio says it remains "100% committed" to Project Fantasy, but its future is now very uncertain.

PC Gamer / Andy Chalk
Business
007 First Light’s developer lays off staff but claims its next franchise will continue

007 First Light’s developer lays off staff but claims its next franchise will continue

IO Interactive, the studio behind the Hitman series and 007 First Light, announced that it is laying off staff after a relationship with an "external partner" on its next big franchise, Project Fantasy, "has come to an end." IO has described Project Fantasy as an "online fantasy RPG", and Kotaku and Bloomberg report that Microsoft, which is planning significant cuts as part of a broader "reset" of the Xbox business, was going to be the game's publisher. It's unclear how many people will be affe

The Verge
Business
Io Interactive Laying Off Staff After Partner Withdraws from Project Fantasy

Io Interactive Laying Off Staff After Partner Withdraws from Project Fantasy

007 First Light Creators Io Interactive are having to lay off staff after an unnamed funding partner withdrew their support for their upcoming fantasy RPG Project Fantasy

TechRaptor / Don Parsons
Business
IO Interactive look set for layoffs as their external partner for Project Fantasy pulls out

IO Interactive look set for layoffs as their external partner for Project Fantasy pulls out

Update: Bloomberg have reported that IO's external partner on Project Fantasy was indeed Xbox. Sigh. It's another one of those days, as layoffs are essentially imminent yet again, this time at 007 First Light and Hitman developer IO Interactive. The studio shared a post earlier today regarding their as-of-yet not formally revealed Project Fantasy, in which they shared that their "relationship with an external partner… has come to and end."

Rock Paper Shotgun / Oisin Kuhnke
Business
Layoffs at IO Interactive as Project Fantasy Ends 'Relationship with External Partner'

Layoffs at IO Interactive as Project Fantasy Ends 'Relationship with External Partner'

Guess who? It’s been a good couple of months for Danish dev IO Interactive following the successful release of 007 First Light, but bad news is never far away in this industry. In a statement on social media, the Hitman maker confirmed some “downbeat news” regarding its Project Fantasy game, long rumoured to be published by Microsoft. Read the full article on pushsquare.com

Push Square
Business
IO Interactive facing layoffs as it cuts ties with Project Fantasy publisher Xbox

IO Interactive facing layoffs as it cuts ties with Project Fantasy publisher Xbox

Internal documents from 2023 listed Project Fantasy as an Xbox exclusive

VGC / Chris Scullion
Business