People Can Fly cancels Project Dagger after sinking ~16,5 mil USD into it

John Elden Ring

The Thread Maker
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5 Jul 2022
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Eurogamer Polska reports the Warsaw studio behind Outriders, Bulletstorm, Gow: Judgement, and Painkiller - People Can Fly has revealed their next game Project Dagger went down the shitter, after Take Two tried pulling the plug on it in 2022, burning through ~16,5 mil USD to an instant stock price plummet by 12%. No news on projects Bifrost, Victoria nor their collab with Squer Enix - project Gemini.

The mysterious Project Dagger from People Can Fly will not be created. We never found out whether there was going to be production, but it must have been at a fairly advanced stage of development. Its cancellation means that Polish companies will write off PLN 68.3 million from last year's financial results. Problems with the title started much earlier, in 2022 . It was then that the then publisher - Take-Two - sent the company a letter regarding the termination of the game financing agreement.