Tag: Sonyowned

Developer People Can Fly has officially announced a collaboration with Sony Interactive Entertainment to work on a new video game project codenamed Project Delta, based on Sony's owned intellectual property. The details of the agreement suggest that PCF will be developing a new game based on an established IP owned by Sony, under a 'work for hire' contract. This could mean that Sony will have ownership of the IP created by PCF. Project Delta is currently in the prototype stage, with Sony funding the production, hoping to progress through each stage of development. With the codename Project Delta, speculation arises about a potential SOCOM reboot, as Delta could be a reference to Delta Force, a unit of SOCOM. This announcement was made as part of an investor report, as People Can Fly is a publicly listed company on the Warsaw Stock Exchange, similar to other studios like CD Projekt Red and Remedy Entertainment. While PCF has multiple projects in development, recent setbacks in self-publishing efforts led to layoffs. However, they are currently working on projects with Square Enix, Krafton, and have been confirmed as co-developers on Gears of War E-Day (formerly Project Maverick). Here's a translated excerpt from PCF's investor report: The Management Board of PCF Group S.A. has entered into a Production Agreement with Sony Interactive Entertainment LLC for the development of Project Delta, based on Sony's intellectual property rights. The Production Agreement outlines the work-for-hire model, with the Company developing the game on behalf of Sony in exchange for agreed compensation. The agreement details the project milestones and payment terms, following standard industry practices for such collaborations. This agreement aligns with PCF's strategic update, focusing on collaborations with established partners in the work-for-hire model.

Tag: Sonyowned

People Can Fly is developing Project Delta based on a Sony-owned IP

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