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IO Interactive closes Istanbul studio after Xbox pulls RPG funding

By PulseAugur Editorial · [1 sources] ·

IO Interactive is closing its Istanbul-based studio following the withdrawal of funding from Xbox for its in-development RPG, Project Fantasy. The studio cited the need for restructuring to ensure its stability after this setback. AI

RANK_REASON This is a studio closure due to funding withdrawal for a specific product, not a core AI release or significant industry event.

Read on Mastodon — mastodon.social →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

IO Interactive closes Istanbul studio after Xbox pulls RPG funding

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Signal score
0 / 100
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Newsworthiness bucket
Tool
This is a studio closure due to funding withdrawal for a specific product, not a core AI release or significant industry event.
Source corroboration
Single-source cluster
Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
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product, other
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Low
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Story freshness
81 days old
Aged out of breaking-news scoring windows; ranking reflects the durable signal from the full source set.

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COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    🎮 IO Interactive closing Istanbul studio after regaining control of Project Fantasy The studio said it must restructure to find sure footing after Xbox pulled f

    🎮 IO Interactive closing Istanbul studio after regaining control of Project Fantasy The studio said it must restructure to find sure footing after Xbox pulled funding for the in-development RPG. 📰 Source: gamedeveloper 🔗 Link: https://www.gamedeveloper.com/business/io-interactive…

    LINKS gamedeveloper.com/…/io-interactive-closin…

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