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Windows Central
Windows Central
Technology
Adam Hales

IO Interactive regains full ownership of Project Fantasy from XBOX, but closes one of its studios

IO Interactive logo displayed in black against a solid red background, representing the studio behind Hitman, 007: First Light, and Project Fantasy.

Xbox's restructuring is still well underway, and before the announcement of more than 1,600 layoffs, which are expected to grow to around 3,200 through FY2027, IO Interactive was working on a title funded and set to be published by Xbox. However, amid the changes at Xbox, that funding was pulled, leaving the future of Project Fantasy uncertain, at least until now. The latest update brings both good and bad news.

IO Interactive, best known for the Hitman series and, more recently, the hugely successful 007: First Light, was working on a game funded by Xbox called Project Fantasy. After Xbox pulled funding, the project's future became uncertain, but IO Interactive has now shared an update on X (formerly Twitter), stating:

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