IO Interactive, the renowned developer behind the Hitman series, has announced that it has regained full control of its upcoming game, Project Fantasy, following the termination of a publishing and funding deal with Xbox.

This significant shift has prompted the studio to reevaluate its business strategy, resulting in the closure of its Istanbul studio and the laying off of several developers. According to IO Interactive, this move is intended to help the company 'find a new balance' as it works on the highly anticipated Project Fantasy and other future projects.

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  • IO Interactive has regained full ownership of Project Fantasy after Xbox pulled out of the publishing deal.
  • The studio is restructuring its business to accommodate the ambitious RPG and future projects.
  • The Istanbul studio has been closed, and several developers have been laid off as part of the readjustment.
  • IO Interactive aims to 'find a new balance' to ensure the success of Project Fantasy and its upcoming games.

For more information on this developing story, visit the Source: Eurogamer