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Take-Two terminates new game agreement with Outriders developer

Take-Two Interactive has terminated a development and publishing agreement with Outriders developer People Can Fly for a new action-adventure game that’s been in the works for two years.

According to Outriders developer People Can Fly, it has received a letter of intent to terminate a development and publishing agreement “by means of mutual understanding between the parties.”

Take-Two Interactive terminates agreement with People Can Fly over new action-adventure game

The agreement surrounds “Project Dagger,” which People Can Fly says is a “new action-adventure IP, that has been in development for the last two years” at the developer’s New York studio. People Can Fly also says it will continue to work on Project Dagger on its own as it has retained the rights to the IP. It sounds like Take-Two had the option to buy out the rights to the game, which it has chosen not to do.

“I assume we will part on good terms, and I don’t see reasons why we couldn’t work with Take-Two on some other project in the future,” said People Can Fly CEO Sebastian Wojciechowski. “We strongly believe in 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.

“I’m conscious that this decision will add investments on us, but self-publishing is part of our strategy. Of course, we are not ruling out working with a new publisher if this creates a compelling business opportunity.”

People Can Fly has six more games in the works, including one which is being published by Square Enix. People Can Fly previously partnered with Square Enix for day one Xbox Game Pass title Outriders, which didn’t make a profit for the developer in 2021.

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