Microsoft's Xbox Pulls Out of Project Fantasy Video Game From IO Interactive
Microsoft's Xbox has withdrawn funding and partnership from IO Interactive's upcoming online fantasy RPG project.
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The brief
Microsoft's Xbox has pulled out of a project involving an online fantasy RPG developed by IO Interactive. Following the loss of this external partner and funding, IO Interactive has announced staff layoffs.
Coverage from Bloomberg, IGN, and Kotaku emphasizes the loss of the partnership, while PC Gamer links the move to expected Xbox cuts. The Verge notes that IO Interactive is the developer behind 007 First Light.
IO Interactive claims that its next franchise will continue despite the layoffs and the loss of the publisher's support.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.
Quick answers
What happened to IO Interactive's fantasy game?
Microsoft's Xbox pulled out of the project, leading to a loss of funding and an external partner.
How has this affected IO Interactive's workforce?
The company has announced layoffs following the publisher's decision to pull the plug on the fantasy game.
Is IO Interactive stopping development on new franchises?
No, the developer claims its next franchise will continue.
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 broke it first
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