Earlier this year, John Romero—co‑founder of iconic titles like Doom and Quake—announced that a publisher, strongly hinted to be Microsoft, had withdrawn funding from his new first‑person shooter.
Shortly after, speculation spread online that the Galway‑based studio was forced to shut down due to a lack of cash.
Within a week the studio released a statement refuting the closure rumors, noting that it had received outreach from several publishers interested in rescuing the project and was evaluating potential collaborations.
Romero has kept negotiations low‑profile, but in a recent GameReactor interview he revealed that the team is still planning the project, with multiple companies showing continued interest and maintaining contact.
Romero expressed optimism, emphasizing that the studio holds the IP, code, and all assets. The project already secured $50 million in funding, and a publisher who steps in would immediately acquire these assets. Even if no publisher takes over, the studio retains $50 million worth of usable assets for other development, potentially on a smaller scale.