Banjo-Threeie Hope Grows as Rare Opens Up, but External Pitches Fizzle

TL;DR Summary
Grant Kirkhope says a Banjo-Threeie is slightly more plausible now that Rare's leadership has shifted (Craig Duncan stepping down), but he notes three outside studios have pitched Microsoft or Rare and none have landed; Rare is busy, so revival would likely hinge on a collaboration, with Toys for Bob (Spyro A Realm Beyond) having shown interest, though there is no official confirmation yet.
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