{"id":667337,"date":"2026-07-01T04:48:11","date_gmt":"2026-07-01T04:48:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/667337\/"},"modified":"2026-07-01T04:48:11","modified_gmt":"2026-07-01T04:48:11","slug":"xbox-issues-statement-after-pulling-out-of-project-fantasy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/667337\/","title":{"rendered":"Xbox Issues Statement After Pulling Out Of Project Fantasy"},"content":{"rendered":"<p><a class=\"scanlines\" title=\"Xbox Issues Statement After Pulling Out Of Project Fantasy\" href=\"https:\/\/images.purexbox.com\/e0f9d41458337\/xbox-issues-statement-after-pulling-out-of-project-fantasy.large.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/07\/xbox-issues-statement-after-pulling-out-of-project-fantasy.900x.jpg\" width=\"900\" height=\"506\" alt=\"Xbox Issues Statement After Pulling Out Of Project Fantasy\"\/><\/a><\/p>\n<p>A few years ago, we reported on a new project from 007 First Light and Hitman developer IO Interactive called <a href=\"https:\/\/www.purexbox.com\/news\/2023\/06\/io-interactives-new-project-fantasy-game-might-be-an-xbox-exclusive\" rel=\"nofollow noopener\" target=\"_blank\">Project Fantasy<\/a>, and it was rumoured at the time that it might have been an Xbox exclusive.<\/p>\n<p>Flash forward to today, and Xbox has now pulled out of the project and issued an accompanying statement.<\/p>\n<p>Speaking to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-30\/microsoft-s-xbox-pulls-out-of-project-fantasy-video-game-from-io-interactive?\" rel=\"nofollow noopener\" target=\"_blank\">Bloomberg<\/a>, an Xbox spokesperson had the following to say on the news:<\/p>\n<p>&#8220;[Xbox is] taking a fresh look at where we invest so we\u2019re focusing on our highest priorities,&#8221;<\/p>\n<p>&#8220;We&#8217;re not reducing our overall investment in games. We expect to invest about the same in content as we did last year. What&#8217;s changing is where we&#8217;re investing and the kinds of projects we&#8217;re backing.&#8221;<\/p>\n<p>Very little has ever been revealed about Project Fantasy, but we know it&#8217;s intended to be an online fantasy RPG, and IO Interactive will continue working on the game even without the backing of Xbox.<\/p>\n<p>That said, the studio has understandably been impacted by the news, leading to some apparent job losses.<\/p>\n<p>Here&#8217;s a bit of what IO had to say on <a href=\"https:\/\/x.com\/IOInteractive\/status\/2072005107797893315?s=20\" rel=\"nofollow\">social media<\/a> today:<\/p>\n<p>&#8220;A relationship with an external partner on our own IP, Project Fantasy, has come to an end. This means we have to adapt to this new reality and its short-term consequences, including staffing decisions, which is what is happening as we write this update, and we are fully committed to supporting those affected through this challenging transition.&#8221;<\/p>\n<p>We wish the best to everyone impacted by the situation at IO Interactive, and here&#8217;s hoping that Project Fantasy will still find its way to Xbox Series X and S (and maybe <a href=\"https:\/\/www.purexbox.com\/news\/2026\/06\/xbox-will-innovate-to-reduce-the-price-of-project-helix-suggests-asha-sharma\" rel=\"nofollow noopener\" target=\"_blank\">Project Helix<\/a>) in the future.<\/p>\n<p class=\"avatar\"><img decoding=\"async\" class=\"img lazy\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/1766613369_65_avatar.jpg\" width=\"80\" height=\"80\" loading=\"lazy\" alt=\"Fraser Gilbert\"\/><\/p>\n<p>Fraser is the News Editor at Pure Xbox, where he spends his time reporting on the biggest stories in the world of Xbox and beyond.<\/p>\n","protected":false},"excerpt":{"rendered":"A few years ago, we reported on a new project from 007 First Light and Hitman developer IO&hellip;\n","protected":false},"author":2,"featured_media":667338,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[59,70511,223449,86,56,54,55,183],"class_list":["post-667337","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-gb","tag-io-interactive","tag-project-fantasy","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-xbox"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/667337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=667337"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/667337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/667338"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=667337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=667337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=667337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}