IO Interactive regains full ownership of Project Fantasy, shuts down Istanbul studio
Originally published Jul 7, 2026
By Fran Ruiz · Eurogamer
AI-generated summary based on Eurogamer · Aggregated by GamingCurve · Human-reviewed and approved on Jul 7, 2026
Key points
- IO Interactive has regained full ownership of Project Fantasy after ending its deal with Xbox.
- The developer is restructuring its business to focus on the RPG and future projects.
- The Istanbul studio has been shut down, and some developers have been laid off.
IO Interactive has regained full ownership of Project Fantasy following the end of its deal with Xbox. The developer is adjusting its business to focus on the ambitious RPG and future projects. As part of this shift, the Istanbul studio has been shut down, and some developers have been laid off to find a new balance.
Read the original story: Eurogamer — by Fran Ruiz