As a part of its newest monetary report, Polish developer People Can Fly introduced an replace on the event of Project Dagger. The new action-adventure IP has been within the works for 2 years as a part of a publishing settlement with Take-Two.

The developer has now revealed that it is parting methods with Take-Two, leaving it with a couple of choices as to proceed.

According to People Can Fly’s announcement, Take-Two shared its intent to terminate the connection in a letter to the studio. The GTA writer has been funding the undertaking because it started, with People Can Fly’s New York crew spearheading improvement.

The phrases of the settlement weren’t revealed, because it seems they’re but to be determined. People Can Fly, nonetheless, mentioned it might must repay Take-Two for improvement advances obtained since 2020. The Polish developer defined that specifics will likely be decided primarily based on the business mannequin that will get determined for the sport.

As it stands, People Can Fly has the choice to self-publish the sport, or search the assistance of a unique writer. Interestingly, Take-Two has not exercised its choice to purchase the IP rights, that means the studio has retained these rights and is now their sole proprietor.

The studio added that it’s “decided to develop the undertaking by itself.”

“I assume we are going to half on good phrases, and I don’t see explanation why we couldn’t work with Take-Two on another undertaking sooner or later,” mentioned PCF CEO, Sebastian Wojciechowski.

“We strongly consider within the Project Dagger’s potential and at the moment are dedicated to proceed its improvement inside our self-publishing pipeline. The recreation continues to be in pre-production – our crew is now specializing in closing fight and recreation loops and migrate from UE4 to UE5. I’m acutely aware that this choice will add investments on us, however self-publishing is a part of our technique. Of course, we aren’t ruling out working with a brand new writer if this creates a compelling enterprise alternative.”

Project Dagger is one in every of seven initiatives at present in improvement at People Can Fly’s varied studios, in line with the press launch. One of which – Project Gemini – is funded by Square Enix. Just a few different initiatives will likely be self-funded, however PCF is working with publishing companions on two VR video games past that.

This is the newest in a string of unhealthy information from the Polish group, which revealed final 12 months that it had not obtained any royalties from its work on Outriders. Royalties are paid on income made after a recreation recoups its improvement price range, indicating that the sci-fi shooter RPG had but to interrupt even.

People Can Fly’s technique depends on delivery one recreation every year, so count on to listen to concerning the studio’s subsequent recreation within the close to future.