Tag

Independent Funding

All articles tagged with #independent funding

IO Interactive commits to self-funding Project Fantasy, closes its Istanbul studio
business1 month ago

IO Interactive commits to self-funding Project Fantasy, closes its Istanbul studio

IO Interactive says it will independently fund Project Fantasy after losing its publishing partner, pivoting to focus on its internal core titles while closing its Istanbul studio and laying off staff. The company frames the move as necessary to preserve long-term independence and give Project Fantasy the best chance to succeed under IOI's direction, and it pledges support for affected employees.