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IO Interactive regains full ownership of Project Fantasy following end of Xbox deal, shuts down Istanbul studio and lays off developers "to find a new balance"
gaming
Jul 7, 2026
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· Syndicated from Eurogamer
IO Interactive regains full ownership of Project Fantasy following end of Xbox deal, shuts down Istanbul studio and lays off developers "to find a new balance"
It's one of those weeks. After Xbox pulling out of a publishing and funding deal for Project Fantasy - IO Interactive's next game - the developer has regained full control of the IP and funding. That, however, means it's readjusting its business to accommodate the ambitious RPG as well as future projects. Read more
It's one of those weeks. After Xbox pulling out of a publishing and funding deal for Project Fantasy - IO Interactive's next game - the developer has regained full control of the IP and funding. That, however, means it's readjusting its business to accommodate the ambitious RPG as well as future projects.
Original reporting appears on the publisher’s site.
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