Microsoft and People Can Fly collaborating on Project Maverick, a game based on an existing IP

Bulletstorm studio People Can Fly is working on a new project based on an existing Microsoft IP. This is according to a statement posted to Polish financial site Interia Biznes, via Eurogamer, which states Project Maverick, as it's called, will be funded by Microsoft. The production and publishing agreement with Microsoft will be carried out in the work-for-hire model, based on a triple-A IP of the publisher, for a total budget of $30-50 million. Read more
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