US Edition
Perfect Dark Was Nearly Saved by Take-Two, But the Deal Fell Through
- Microsoft canceled the highly anticipated game Perfect Dark in July 2024 and shuttered The Initiative studio in California as part of major layoffs.
- The cancellation followed failed talks between Microsoft, Take-Two Interactive, and Embracer Group over funding and publishing a new Perfect Dark game.
- Crystal Dynamics, an Embracer-owned studio and co-developer on Perfect Dark, spent two months seeking a publisher before talks with Take-Two collapsed over long-term IP ownership.
- Layoffs at Crystal Dynamics last week reportedly resulted from the failed deal, affecting an unspecified number of employees amid Microsoft’s broader summer layoffs impacting roughly 9,100 workers.
- This collapse removed all hope for Perfect Dark's revival and highlights challenges in negotiating IP rights amid shifting industry and corporate pressures.
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23 Articles
23 Articles
Perfect Dark Was Nearly Saved by Take-Two, But the Deal Fell Through
The Initiative, the studio behind Perfect Dark, was shuttered earlier this year in a mass Microsoft layoffs, with its project apparently canceled. However, Perfect Dark apparently remained in development at Crystal Dynamics until just last week, while leadership from both studios struggled to find new funding from a surprising source: Take-Two.
·United States
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Coverage Details
Total News Sources23
Leaning Left4Leaning Right0Center1Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
C 20%
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