IO Interactive Layoffs: Xbox Pulls Project Fantasy Funding — Too Much Gaming | Video Games Reviews, News, & Guides
IO Interactive is continuing work on Project Fantasy despite Xbox pulling its funding, and will now seek alternative funding or self-publish. This is part of a larger "reset" at Xbox under new CEO Asha Sharma, with reports indicating several studios like Ninja Theory, Compulsion Games, Undead Labs, Arkane, and Double Fine are in talks to avoid closure. Xbox is reassessing its investment priorities to better fund its existing franchises and ensure a reliable pipeline of exclusive content.
- Entities
- Company: Microsoft
- Topic: Business Strategy
- Game: South of Midnight
- Game: Dishonored
- Game: Marvel's Blade
- Company: Xbox
- Game: Senua's Saga: Hellblade 2
- Topic: Game Publishing
- Game: Project Fantasy
- Company: Io Interactive
- Topic: Game Development
- Game: State of Decay
- Person: Asha Sharma
- Game: Psychonauts 2
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