People Can Fly terminates agreement with Take-Two, plans to self-publish Project Dagger

People Can Fly will self-publish Project Dagger.
It looks like People Can Fly and Take-Two Interactive are going their separate ways. PCF announced on its website that the development and publishing agreement between the two companies was terminated.
Sebastian Wojciechowski, CEO of People Can Fly, released the following statement:
I assume we will part on good terms, and I don’t see reasons why we couldn’t work with Take-Two on some other project in the future. We strongly believe in the Project Dagger’s potential and are now committed to continue its development within our self-publishing pipeline. The game is still in pre-production – our team is now focusing on closing combat and game loops and migrate from UE4 to UE5. I’m conscious that this decision will add investments on us, but self-publishing is part of our strategy. Of course, we are not ruling out working with a new publisher if this creates a compelling business opportunity.
People Can Fly is the studio behind Outriders. Over the past two years, they have developed the new action-adventure IP Project Dagger out of their New York-based studio. The game is one of seven projects currently in development at the studio.
There’s also Gemini – new project with Square Enix; Projects Bifrost and Victoria – both games to be released in the self-publishing model; and a project in the concept phase – Red; as well as two projects in VR technology – Green Hell VR and a new project based on one of the IPs from the Group’s portfolio.
We’ll let you know when we learn more about Project Dagger and other games in the studio’s pipeline.