Take-Two Terminates Publishing Deal for Project C
"...at the date of publication of the current report, the Company continues work on Project C in accordance with the planned production and marketing schedule in the self-publishing model. At the same time, the Issuer does not rule out the possibility of continuing this production based on cooperation with a new publisher," the statement reads (translated from the original Polish by Google).
The statement from Bloober Team does not offer additional information about the game, such as a release window. The original announcement about the partnership with Private Division stated that Project C would not be released before 2025. That means we won't be seeing the game until next year at the earliest, and that could give Bloober Team plenty of time to find a different publisher, should it so desire.
In Bloober Team's statement, it's claimed that no reason was given for the partnership termination. However, industry analyst @MauroNL mentioned on Twitter that Take-Two's cost reduction plan might have something to do with it. In April, the company announced layoffs and plans to cancel multiple projects.
Silent Hill 2 and the Future of Bloober Team
It's not all that surprising that Project C is so far out. Bloober Team is a relatively small developer, consisting of less than 100 employees. The studio's focus also seems to be on a remake of Silent Hill 2, which is expected to release within the next year. That's clearly taking priority over a new IP, but hopefully we'll learn a lot more about Project C once Silent Hill 2 is out.
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Source: https://comicbook.com/gaming/news/take-two-private-division-deal-bloober-team-project-c-cancelled/
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