Spyro: A Realm Reborn studio Toys for Bob, which created the Skylanders series and later served as co-developer on Call of Duty under Xbox, went independent from Microsoft to focus on projects it's passionate about, says studio head Paul Yan.
Microsoft acquired longtime Toys for Bob parent company Activision Blizzard in a historic $69 billion deal in 2023, officially bringing the Skylanders developer under Xbox's umbrella. After years of supporting Call of Duty development under Activision, and later under Xbox, Toys for Bob struck a deal with Microsoft to go independent in 2024. Several weeks later, it said it reached an agreement with Xbox to publish its next game, and as recently as this month that game was revealed to be a new Spyro game.