Bulletstorm and Outriders developer People Can Fly has today confirmed publisher Take-Two intends to "terminate the development and publishing agreement" for its next game, which is codenamed Project Dagger. In a post on the team's official website, the game is described as a "new action-adventure IP" and has been in development for two years.
This isn't the end of the road for Project Dagger, however. People Can Fly has retained the rights to the IP and is now "determined to grow the project on its own". The new game is just one of a whopping seven projects the developer currently has in the works, with two of them being self-published. Other titles include Gemini — a new game with Square Enix — two VR titles, and one more called Red which is in the concept phase.
CEO Sebastian Wojciechowski presumes the two companies will part on good terms, and says the termination doesn't mean the developer can't work with Take-Two again in the future. "We strongly believe in the Project Dagger’s potential and are now committed to continue its development within our self-publishing pipeline. The game is still in pre-production — our team is now focusing on closing combat and game loops and migrate from UE4 to UE5." The CEO doesn't rule out partnering with another publisher should it create a "compelling business opportunity".
People Can Fly is now made up of over 550 employees following recent growth through acquisitions. This year marks its 20th anniversary, and from 2024, it plans to release one new game every year.