Microsoft's Xbox Pulls Out of Project Fantasy Video Game From IO Interactive
IO Interactive faces staff layoffs and project cancellations following Microsoft's decision to withdraw support for their upcoming fantasy video game.
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The brief
Microsoft has ended its partnership with IO Interactive, effectively pulling funding for the studio's in-development online fantasy RPG, often referred to as Project Fantasy. Consequently, IO Interactive has initiated layoffs within the studio.
Coverage from Bloomberg, Kotaku, IGN, PC Gamer, and The Verge emphasizes the broader context of impending operational cuts at Xbox.
Synthesized by headlinez.news from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (60% supported) Updated just now.
Quick answers
What happened to Project Fantasy?
Microsoft withdrew as the external partner and publisher, leading to the cancellation of the game.
Is IO Interactive closing?
No, coverage indicates the studio is implementing layoffs but plans to continue development on its other franchises, such as 007 First Light.
Why did the partnership end?
Coverage states the withdrawal occurred amid broader Xbox cuts, but specific details regarding the termination remain limited.
Coverage (6)
- Xbox Issues Statement After Pulling Out Of Project Fantasy Pure Xbox · 2h ago
- IO Interactive's Fantasy IP Loses 'External Partner' Amid Xbox Cuts Kotaku · 2h ago
- Ahead of next week's expected Xbox bloodbath, IO Interactive loses funding for its online fantasy RPG PC Gamer · 2h ago
- IO Interactive Announces Layoffs After Publisher Pulls the Plug on Fantasy Game IGN · 2h ago
- 007 First Light’s developer lays off staff but claims its next franchise will continue The Verge · 2h ago
- Microsoft's Xbox Pulls Out of Project Fantasy Video Game From IO Interactive Bloomberg.com · 2h ago
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