Project Dagger, an upcoming recreation from Outriders developer People Can Fly, is now not being developed in co-operation with Take-Two Interactive after the U.S. writer terminated its publishing settlement with the studio.

People Can Fly broke the information to buyers on its web site, and defined it has acquired a letter of intent from Take-Two to terminate the event and publishing settlement “by way of a mutual understanding between the 2 events.”

Project Dagger had been in growth for 2 years underneath the route of People Can Fly’s New York crew, and is being billed as a “new action-adventure IP.”

Although Take-Two has ended its curiosity within the venture, People Can Fly is assured Project Dagger will finally see the sunshine of day.

“[Take-Two] has additionally not declared the intention to train its choice to buy-out the mental property rights to the merchandise produced underneath the settlement,” reads the investor word.

“Consequently, People Can Fly has retained the mental property rights to the Project Dagger as the only real proprietor of those rights and is now decided to develop the venture by itself.”

Project Dagger is one in every of seven tasks People Can Fly at present has within the works, with the studio additionally engaged on Gemini alongside Square Enix, self-published titles Projects Bifrost and Victoria, two digital actuality productions, and Project Red, which stays within the idea section.

People Can Fly chief exec Sebastian Wojciechowski believes the studio will half on good phrases with Take-Two and will even work with the writer once more sooner or later.

“We strongly consider within the Project Dagger’s potential and at the moment are dedicated to proceed its growth inside our self-publishing pipeline,” added the CEO.

“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 aware that this resolution will add investments on us, however self-publishing is a part of our technique. Of course, we’re not ruling out working with a brand new writer if this creates a compelling enterprise alternative.”