We may not be playing IO Interactive’s Project 007 before 2025

interactive IoTs Project 007the studio’s next game based on the James Bond license could still be a long way off.

Industry analyst and serial tweeter DarkDetective was reviewing IO’s recent quarterly earnings and noticed several indicators pointing to Project 007 still years away.

As DD correctly points out, with projected revenue somewhere in the region of $AU95 million, IO’s fiscal year appears to be running quite well. “IO Interactive’s main source of income continues to be hit man 3 released in 2021,” its earnings notes read. “hit man 3 it exceeded the first year compared to the initial sales budget and works well in year 2 with the launch on Steam”. hit man 3 It also released on Game Pass, alongside the first two games in the recent trilogy, which has also provided a boost to IO fortunes. However, with no new games to release in the near future, IO is preparing for a lean couple of years ahead. “We had a couple of years of strong revenue and earnings, due to launching a title,” IO’s earnings notes said regarding its fiscal outlook. “There is a risk that in the next two calendar years, the EBITDA (Editor’s note: That’s earnings before interest, taxes, depreciation, and amortization) and profits will fall. This is due to the long production phases ahead, before the next releases hit the market. More precisely, the fiscal estimates (year) 24 and 25 show a significant decrease”.

So what does all this tell us? tells us that Project 007 It may already be in production at IO, but it has a long way to go before it sees the light of day. Based on current IO projections, it would seem reasonable to expect a release date sometime in the third or fourth quarter of 2025.

The idea of ​​a long wait shouldn’t come as much of a surprise. It’s been a long time between drinks and 007-themed video games, mainly because people kept making bad games. Activision abruptly pulled the Quantum of Solace, bloodstone Y 007 Legends games from sale in 2013 before sheepishly admitting several days later that the 007 licenses had been revoked. The situation was embarrassing enough that Activision announced that it would prevent licensed games in the future (it didn’t).

After that, the 007 license languished. In 2014, then-Telltale CEO Kevin Bruner expressed his interest in licensing and rumors of a Telltale game called 007: solstice circulated in 2017. Unfortunately, the company went under before such a game was confirmed. In 2016, Curve Games president Dominic Wheatley expressed similar interest in the license, but, again, no game was ever announced.

And then in 2020, IO Interactive ended the drought by announcing Project 007. Will he be able to change the fortune of Bond video games? We’ll have to wait (quite a while) and see.

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