IO Interactive has reportedly regained complete control over its ambitious upcoming RPG, Project Fantasy, after its publishing and funding agreement with Xbox concluded. This shift means the Copenhagen-based studio now holds full ownership of the game’s intellectual property and its financial backing moving forward.
However, this change in project oversight also brings significant business adjustments for the developer. To accommodate the future of Project Fantasy and other potential ventures, IO Interactive is reportedly undergoing a substantial realignment of its operations. This includes the closure of its Istanbul studio and a reduction in its workforce, measures described as necessary to establish a new operational equilibrium for the company.
This report is based on information from Eurogamer.net.
