IO Interactive Is Closing Its Istanbul Studio Following Loss Of Funding

IO Interactive is closing its Istanbul studio due to a loss of funding for Project Fantasy, stemming from a partnership with Xbox. The company plans to continue developing the game independently.

▸ entities in this article

PLATFORM Xbox
GAME Project Fantasy
COMPANY Io Interactive

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3 articles · 3 sources 7 days ago

IO Interactive Shuts Down Istanbul Studio After Project Fantasy Deal Collapse

IO Interactive is closing its Istanbul studio following the end of its funding deal with Xbox for Project Fantasy. The company has regained full ownership of the online RPG but must now refocus on its core titles. This move is seen as necessary for the independent studio's long-term stability.

GAME Project Fantasy
COMPANY Io Interactive
COMPANY Xbox

Sources covering this · 3

IO Interactive Is Closing Its Istanbul Studio Following Loss Of FundingIO Interactive is closing its Istanbul studio due to a loss of funding for Project Fantasy, stemming from a partnership with Xbox. The company plans to continue developing the game independently. Wolfs Gaming Blog · 7 days ago
IO Interactive to shutter Istanbul studio following end of Project Fantasy deal with XboxIO Interactive will close its Istanbul studio following the withdrawal of Xbox's funding for its online fantasy RPG, Project Fantasy. The company cited the decision as necessary to maintain its independence as a AAA developer and publisher. IO Interactive has regained full ownership of Project Fantasy and plans to fund and develop it independently. Games Industry · 7 days ago
IO Interactive closing Istanbul studio after regaining control of Project FantasyIO Interactive is closing its Istanbul studio following Xbox's withdrawal of financing for the online RPG Project Fantasy. Although IO Interactive has regained full ownership of the project, the studio must now find a new balance and focus on its main internal titles. The closure is described as a necessary step to ensure the long-term future of the independent AAA developer and publisher. Gamedeveloper.com · 7 days ago